Imports of goods and services in Viet Nam
Viet Nam: Imports of goods and services was 398.71 billion BoP, current US$ in 2024. ◆ Volatile
Imports 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$.
Analysis
The most recent figure for imports of goods and services in Viet Nam is 398.71 billion BoP, current US$, measured in 2024. That is the highest value across all 29 years on record.
The figure is up 17.3% on the previous year and up 161.3% over ten years.
Over the whole period, imports of goods and services in Viet Nam peaked at 398.71 billion BoP, current US$ in 2024 and was at its lowest, 12.33 billion BoP, current US$, in 1996.
Viet Nam ranks 22nd of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Viet Nam, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | 12.33 billion BoP, current US$ | — |
| 1997 | 13.59 billion BoP, current US$ | +10.1% |
| 1998 | 13.50 billion BoP, current US$ | -0.7% |
| 1999 | 13.61 billion BoP, current US$ | +0.8% |
| 2000 | 17.32 billion BoP, current US$ | +27.3% |
| 2001 | 17.93 billion BoP, current US$ | +3.5% |
| 2002 | 21.46 billion BoP, current US$ | +19.7% |
| 2003 | 26.78 billion BoP, current US$ | +24.8% |
| 2004 | 33.51 billion BoP, current US$ | +25.1% |
| 2005 | 39.36 billion BoP, current US$ | +17.4% |
| 2006 | 47.71 billion BoP, current US$ | +21.2% |
| 2007 | 65.78 billion BoP, current US$ | +37.9% |
| 2008 | 83.42 billion BoP, current US$ | +26.8% |
| 2009 | 72.89 billion BoP, current US$ | -12.6% |
| 2010 | 87.29 billion BoP, current US$ | +19.8% |
| 2011 | 109.22 billion BoP, current US$ | +25.1% |
| 2012 | 116.87 billion BoP, current US$ | +7.0% |
| 2013 | 137.14 billion BoP, current US$ | +17.3% |
| 2014 | 152.59 billion BoP, current US$ | +11.3% |
| 2015 | 170.66 billion BoP, current US$ | +11.8% |
| 2016 | 182.30 billion BoP, current US$ | +6.8% |
| 2017 | 221.37 billion BoP, current US$ | +21.4% |
| 2018 | 245.63 billion BoP, current US$ | +11.0% |
| 2019 | 261.68 billion BoP, current US$ | +6.5% |
| 2020 | 269.81 billion BoP, current US$ | +3.1% |
| 2021 | 338.33 billion BoP, current US$ | +25.4% |
| 2022 | 369.75 billion BoP, current US$ | +9.3% |
| 2023 | 339.79 billion BoP, current US$ | -8.1% |
| 2024 | 398.71 billion BoP, current US$ | +17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.26 billion BoP, current US$ | 12.33 billion BoP, current US$ | 13.61 billion BoP, current US$ | 4 |
| 2000s | 42.62 billion BoP, current US$ | 17.32 billion BoP, current US$ | 83.42 billion BoP, current US$ | 10 |
| 2010s | 168.47 billion BoP, current US$ | 87.29 billion BoP, current US$ | 261.68 billion BoP, current US$ | 10 |
| 2020s | 343.28 billion BoP, current US$ | 269.81 billion BoP, current US$ | 398.71 billion BoP, current US$ | 5 |
Countries ranked near Viet Nam
- 19 Poland 492.27 billion BoP, current US$ compare
- 20 Australia 424.72 billion BoP, current US$ compare
- 21 Russian Federation 399.82 billion BoP, current US$ compare
- 23 Brazil 395.83 billion BoP, current US$ compare
- 24 Thailand 388.92 billion BoP, current US$ compare
- 25 Türkiye 369.26 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$), annual growth rate 18.86 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services in Viet Nam?
- Imports of goods and services in Viet Nam was 398.71 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Viet Nam?
- The highest recorded value was 398.71 billion BoP, current US$ in 2024.
- What is the lowest imports of goods and services recorded in Viet Nam?
- The lowest recorded value was 12.33 billion BoP, current US$ in 1996.
- How does Viet Nam rank for imports of goods and services?
- Viet Nam ranks 22nd out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Viet Nam?
- Over the last ten years it is up 161.3%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.