Merchandise trade as a proportion of GDP (%) in Vietnam
Vietnam: Merchandise trade as a proportion of GDP (%) was 164.9% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Vietnam, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Vietnam is 164.9%, measured in 2024.
Compared with earlier readings it is up 5.2% on the previous year and up 29.1% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Vietnam peaked at 182.4% in 2021 and was at its lowest, 95.6%, in 2001.
That places Vietnam 5th out of 220 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 96.6% | — |
| 2001 | 95.6% | -1.1% |
| 2002 | 104.0% | +8.7% |
| 2003 | 114.8% | +10.4% |
| 2004 | 128.7% | +12.1% |
| 2005 | 120.1% | -6.7% |
| 2006 | 127.8% | +6.5% |
| 2007 | 143.7% | +12.4% |
| 2008 | 144.7% | +0.7% |
| 2009 | 119.8% | -17.2% |
| 2010 | 106.7% | -11.0% |
| 2011 | 118.0% | +10.6% |
| 2012 | 116.7% | -1.1% |
| 2013 | 123.6% | +5.9% |
| 2014 | 127.7% | +3.3% |
| 2015 | 137.0% | +7.3% |
| 2016 | 136.7% | -0.2% |
| 2017 | 152.1% | +11.3% |
| 2018 | 155.0% | +1.9% |
| 2019 | 154.8% | -0.1% |
| 2020 | 157.3% | +1.6% |
| 2021 | 182.4% | +15.9% |
| 2022 | 176.7% | -3.1% |
| 2023 | 156.6% | -11.3% |
| 2024 | 164.9% | +5.2% |
Vietnam compared with similar countries
- Vietnam's 164.9% is above the median for upper middle income countries, which is 56.9%, 2.9× the median. (55 countries reporting)
- Vietnam's 164.9% is above the median for East Asia & Pacific, which is 56.4%, 2.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 119.6% | 95.6% | 144.7% | 10 |
| 2010s | 132.8% | 106.7% | 155.0% | 10 |
| 2020s | 167.6% | 156.6% | 182.4% | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- Real gdp growth, annual growth rate 15.35 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0251 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 15.54 units per person (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Vietnam?
- Merchandise trade as a proportion of gdp in Vietnam was 164.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Vietnam?
- The highest recorded value was 182.4% in 2021.
- What is the lowest merchandise trade as a proportion of gdp recorded in Vietnam?
- The lowest recorded value was 95.6% in 2001.
- How does Vietnam rank for merchandise trade as a proportion of gdp?
- Vietnam ranks 5th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Vietnam?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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