Vietnam vs Western Europe: Merchandise trade as a proportion of GDP (%)

Vietnam
164.9%
in 2024
Western Europe
75.8%
in 2024
Vietnam rank
5th
Western Europe rank
4th

Merchandise trade as a proportion of GDP (%) over time

  • Vietnam
  • Western Europe
5075100125150175200020122024

How they compare

Vietnam currently reports 164.9% against 75.8% in Western Europe, a difference of 89.1%.

That makes Vietnam's figure about 2.2 times Western Europe's.

Across all 25 years both countries report, Vietnam has been ahead every year.

Vietnam ranks 5th and Western Europe ranks 4th of 220 countries.

Vietnam has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Vietnam Western Europe Difference Ahead
2000s 119.6% 66.9% 52.7% Vietnam
2010s 132.8% 75.9% 57.0% Vietnam
2020s 167.6% 79.6% 88.0% Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Vietnam or Western Europe?
Vietnam, at 164.9% against 75.8% in Western Europe as of 2024.
What is the difference in merchandise trade as a proportion of gdp between Vietnam and Western Europe?
89.1%, with Vietnam ahead.
How many years of comparable data are there for Vietnam and Western Europe?
25 years are reported by both, from 2000 to 2024.
How do Vietnam and Western Europe rank globally for merchandise trade as a proportion of gdp?
Vietnam ranks 5th and Western Europe ranks 4th of 220 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Vietnam vs Western Europe: Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/viet-nam/western-europe/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
256 places, 6,207 data points, 2000–2024
Last refreshed