Tag: Vietnam China imbalance
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Vietnam Posts $10B Surplus in 2025, Deficit with China Hits $66B
Vietnam posted a $10.2B trade surplus in 2025, but a surging $66.5B deficit with China underscores deepening supply chain dependencies.
Oil storage tanks at Tsing Yi port in Hong Kong on March 17, 2026. (Photo by Peter PARKS / AFP)
China's ban on exports of diesel, gasoline and jet fuel is poised to exacerbate fuel shortages and further boost prices for Asian industry and transportation buyers already grappling with tightening supplies caused by the U.S.-Israeli war against Iran. Even before the ban, ...
Vietnam Posts $10B Surplus in 2025, Deficit with China Hits $66B
Vietnam posted a $10.2B trade surplus in 2025, but a surging $66.5B deficit with China underscores deepening supply chain dependencies.