Vietnam’s Trade Surplus With US Surges in January as Imports From China Hit New High

Workers stitch apparels at a garment factory in Vietnam's Thai Nguyen Province on July 2, 2025. (Photo by Nhac NGUYEN / AFP)

Vietnam’s trade surplus with the United States grew by nearly 30% year on year in January as exports climbed, while imports from China hit a new monthly high, official data released on Friday showed.

Hanoi has been in talks with Washington for months over a possible trade agreement after the Trump administration imposed 20% tariffs on Vietnamese goods in August and threatened higher duties on goods made mostly from components Vietnam imports from China.

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