Exports of goods and services in Viet Nam
Viet Nam: Exports of goods and services was 431.55 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods and services in Viet Nam, 1996–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Viet Nam recorded 431.55 billion BoP, current US$ for exports of goods and services in 2024. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 15.1% on the previous year and up 167.7% over ten years.
Over the whole period, exports of goods and services in Viet Nam peaked at 431.55 billion BoP, current US$ in 2024 and was at its lowest, 9.50 billion BoP, current US$, in 1996.
Viet Nam ranks 21st of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Viet Nam, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | 9.50 billion BoP, current US$ | — |
| 1997 | 11.71 billion BoP, current US$ | +23.3% |
| 1998 | 11.98 billion BoP, current US$ | +2.2% |
| 1999 | 14.03 billion BoP, current US$ | +17.2% |
| 2000 | 17.15 billion BoP, current US$ | +22.2% |
| 2001 | 17.84 billion BoP, current US$ | +4.0% |
| 2002 | 19.65 billion BoP, current US$ | +10.2% |
| 2003 | 23.42 billion BoP, current US$ | +19.2% |
| 2004 | 30.35 billion BoP, current US$ | +29.6% |
| 2005 | 36.62 billion BoP, current US$ | +20.7% |
| 2006 | 44.93 billion BoP, current US$ | +22.7% |
| 2007 | 54.59 billion BoP, current US$ | +21.5% |
| 2008 | 69.69 billion BoP, current US$ | +27.7% |
| 2009 | 62.86 billion BoP, current US$ | -9.8% |
| 2010 | 79.70 billion BoP, current US$ | +26.8% |
| 2011 | 105.78 billion BoP, current US$ | +32.7% |
| 2012 | 124.31 billion BoP, current US$ | +17.5% |
| 2013 | 142.74 billion BoP, current US$ | +14.8% |
| 2014 | 161.19 billion BoP, current US$ | +12.9% |
| 2015 | 173.27 billion BoP, current US$ | +7.5% |
| 2016 | 189.08 billion BoP, current US$ | +9.1% |
| 2017 | 228.19 billion BoP, current US$ | +20.7% |
| 2018 | 258.49 billion BoP, current US$ | +13.3% |
| 2019 | 280.83 billion BoP, current US$ | +8.6% |
| 2020 | 290.23 billion BoP, current US$ | +3.3% |
| 2021 | 340.13 billion BoP, current US$ | +17.2% |
| 2022 | 385.24 billion BoP, current US$ | +13.3% |
| 2023 | 374.99 billion BoP, current US$ | -2.7% |
| 2024 | 431.55 billion BoP, current US$ | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.81 billion BoP, current US$ | 9.50 billion BoP, current US$ | 14.03 billion BoP, current US$ | 4 |
| 2000s | 37.71 billion BoP, current US$ | 17.15 billion BoP, current US$ | 69.69 billion BoP, current US$ | 10 |
| 2010s | 174.36 billion BoP, current US$ | 79.70 billion BoP, current US$ | 280.83 billion BoP, current US$ | 10 |
| 2020s | 364.43 billion BoP, current US$ | 290.23 billion BoP, current US$ | 431.55 billion BoP, current US$ | 5 |
Countries ranked near Viet Nam
- 18 Belgium 547.23 billion BoP, current US$ compare
- 19 Poland 521.44 billion BoP, current US$ compare
- 20 Russian Federation 468.34 billion BoP, current US$ compare
- 22 Australia 428.98 billion BoP, current US$ compare
- 23 Thailand 411.25 billion BoP, current US$ compare
- 24 Brazil 404.92 billion BoP, current US$ compare
More economy & growth data for Viet Nam
- Gross capital formation (current US$), annual growth rate 8.8 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.308 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,560 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 12.39 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 7,687 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 38.94 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.68 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2893 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,466 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 18.86 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services in Viet Nam?
- Exports of goods and services in Viet Nam was 431.55 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Viet Nam?
- The highest recorded value was 431.55 billion BoP, current US$ in 2024.
- What is the lowest exports of goods and services recorded in Viet Nam?
- The lowest recorded value was 9.50 billion BoP, current US$ in 1996.
- How does Viet Nam rank for exports of goods and services?
- Viet Nam ranks 21st out of 200 countries with data for 2024.
- Is exports of goods and services rising or falling in Viet Nam?
- Over the last ten years it is up 167.7%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.