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Vietnam Surpasses Mexico, China in U.S. Trade Surplus

3/14/2026

24 5 Full Breakdown

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Story summary
  • In January, Vietnam recorded the largest trade surplus with the United States, surpassing Mexico and China.
  • Vietnam's exports to the United States rose 53% to over $20 billion, while China's shipments fell 46%.
  • Vietnam's January trade surplus with the United States was $19 billion and totaled $178 billion for 2025.
  • Negotiations for a U.S.–Vietnam trade deal continue, but no agreement has been reached due to the trade gap and tariffs.