Goods imports in Vietnam
Vietnam: Goods imports was 363.11 billion BoP, current US$ in 2024. ◆ Volatile
Goods imports in Vietnam, 1996–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, goods imports in Vietnam stood at 363.11 billion BoP, current US$. That is the highest value across all 29 years on record.
The figure is up 16.9% on the previous year and up 163.0% over ten years.
Over the whole period, goods imports in Vietnam peaked at 363.11 billion BoP, current US$ in 2024 and was at its lowest, 10.03 billion BoP, current US$, in 1996.
Vietnam ranks 19th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Vietnam, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | 10.03 billion BoP, current US$ | — |
| 1997 | 10.43 billion BoP, current US$ | +4.0% |
| 1998 | 10.35 billion BoP, current US$ | -0.8% |
| 1999 | 10.57 billion BoP, current US$ | +2.1% |
| 2000 | 14.07 billion BoP, current US$ | +33.2% |
| 2001 | 14.55 billion BoP, current US$ | +3.4% |
| 2002 | 17.76 billion BoP, current US$ | +22.1% |
| 2003 | 22.73 billion BoP, current US$ | +28.0% |
| 2004 | 28.77 billion BoP, current US$ | +26.6% |
| 2005 | 34.89 billion BoP, current US$ | +21.3% |
| 2006 | 42.60 billion BoP, current US$ | +22.1% |
| 2007 | 59.00 billion BoP, current US$ | +38.5% |
| 2008 | 75.47 billion BoP, current US$ | +27.9% |
| 2009 | 64.70 billion BoP, current US$ | -14.3% |
| 2010 | 77.37 billion BoP, current US$ | +19.6% |
| 2011 | 97.36 billion BoP, current US$ | +25.8% |
| 2012 | 104.78 billion BoP, current US$ | +7.6% |
| 2013 | 123.32 billion BoP, current US$ | +17.7% |
| 2014 | 138.09 billion BoP, current US$ | +12.0% |
| 2015 | 154.64 billion BoP, current US$ | +12.0% |
| 2016 | 165.54 billion BoP, current US$ | +7.0% |
| 2017 | 204.27 billion BoP, current US$ | +23.4% |
| 2018 | 227.16 billion BoP, current US$ | +11.2% |
| 2019 | 242.69 billion BoP, current US$ | +6.8% |
| 2020 | 251.92 billion BoP, current US$ | +3.8% |
| 2021 | 318.45 billion BoP, current US$ | +26.4% |
| 2022 | 342.32 billion BoP, current US$ | +7.5% |
| 2023 | 310.69 billion BoP, current US$ | -9.2% |
| 2024 | 363.11 billion BoP, current US$ | +16.9% |
Vietnam compared with similar countries
- Vietnam's 363.11 billion BoP, current US$ is above the median for upper middle income countries, which is 16.47 billion BoP, current US$, 22.0× the median. (57 countries reporting)
- Vietnam's 363.11 billion BoP, current US$ is above the median for East Asia & Pacific, which is 8.66 billion BoP, current US$, 41.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.35 billion BoP, current US$ | 10.03 billion BoP, current US$ | 10.57 billion BoP, current US$ | 4 |
| 2000s | 37.45 billion BoP, current US$ | 14.07 billion BoP, current US$ | 75.47 billion BoP, current US$ | 10 |
| 2010s | 153.52 billion BoP, current US$ | 77.37 billion BoP, current US$ | 242.69 billion BoP, current US$ | 10 |
| 2020s | 317.30 billion BoP, current US$ | 251.92 billion BoP, current US$ | 363.11 billion BoP, current US$ | 5 |
Countries ranked near Vietnam
- 16 Singapore 475.45 billion BoP, current US$ compare
- 17 Poland 405.77 billion BoP, current US$ compare
- 18 Belgium 386.05 billion BoP, current US$ compare
- 20 Turkey 313.44 billion BoP, current US$ compare
- 21 Thailand 311.72 billion BoP, current US$ compare
- 22 Australia 308.87 billion BoP, current US$ compare
More economy & growth data for Vietnam
- Foreign direct investment, net outflows (BoP, current US$), gaps 600.00 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.94 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 20.17 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.03 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0423 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 199.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.01 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1663 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 842.34 includes gold, current US$ per person (2025)
Frequently asked questions
- What is goods imports in Vietnam?
- Goods imports in Vietnam was 363.11 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Vietnam?
- The highest recorded value was 363.11 billion BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Vietnam?
- The lowest recorded value was 10.03 billion BoP, current US$ in 1996.
- How does Vietnam rank for goods imports?
- Vietnam ranks 19th out of 200 countries with data for 2024.
- Is goods imports rising or falling in Vietnam?
- Over the last ten years it is up 163.0%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.