Italy vs Vietnam: External balance on goods and services

Italy
49.27 billion current US$
in 2025
Vietnam
31.66 billion current US$
in 2025
Italy rank
14th
Vietnam rank
16th

External balance on goods and services over time

  • Italy
  • Vietnam
-50.0B-25.0B025.0B50.0B75.0B197019972025

How they compare

Italy currently reports 49.27 billion current US$ against 31.66 billion current US$ in Vietnam, a difference of 17.60 billion current US$.

That makes Italy's figure about 1.6 times Vietnam's.

The two have swapped places 6 times across 40 shared years of data; in 1986 it was Italy ahead.

Italy ranks 14th and Vietnam ranks 16th of 192 countries.

Italy has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Italy Vietnam Difference Ahead
1980s 2.86 billion current US$ -2.33 billion current US$ 5.19 billion current US$ Italy
1990s 28.32 billion current US$ -1.38 billion current US$ 29.70 billion current US$ Italy
2000s -394.86 million current US$ -5.27 billion current US$ 4.87 billion current US$ Italy
2010s 34.28 billion current US$ 5.71 billion current US$ 28.58 billion current US$ Italy
2020s 34.68 billion current US$ 22.88 billion current US$ 11.80 billion current US$ Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Italy or Vietnam?
Italy, at 49.27 billion current US$ against 31.66 billion current US$ in Vietnam as of 2025.
What is the difference in external balance on goods and services between Italy and Vietnam?
17.60 billion current US$, with Italy ahead.
How many years of comparable data are there for Italy and Vietnam?
40 years are reported by both, from 1986 to 2025.
How do Italy and Vietnam rank globally for external balance on goods and services?
Italy ranks 14th and Vietnam ranks 16th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Vietnam: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/italy/viet-nam/

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.