Vietnam - US trade expands, unlocking greater cooperation potential
According to data from the Vietnam Customs, total bilateral trade reached approximately $137.42 billion as of the end of August 2026, up 23.4% from the same period in 2025.
Vietnam remains a key strategic sourcing hub for the US
In the first six months of 2026, two-way trade turnover between Vietnam and the United States reached approximately $132.4 billion. This result establishes Vietnam as the 5th largest trading partner of the US and places the country among the top exporters to this market.
US imposes 12.5% additional tariff on many export items from Vietnam
Under Section 301, starting July 24, 2026, Vietnamese goods entering the United States will be subject to an additional 12.5% tariff, with the exception of those specifically listed for exemption.