Net trade in goods in Vietnam
Vietnam: Net trade in goods was 43.42 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Vietnam, 1996–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Vietnam is 43.42 billion BoP, current US$, measured in 2024.
That represents a change of down 1.4% on the previous year and up 258.1% over ten years.
Over the whole period, net trade in goods in Vietnam peaked at 44.03 billion BoP, current US$ in 2023 and was at its lowest, -12.78 billion BoP, current US$, in 2008.
That places Vietnam 15th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.01 billion BoP, current US$ | -2.77 billion BoP, current US$ | 972.00 million BoP, current US$ | 4 |
| 2000s | -4.11 billion BoP, current US$ | -12.78 billion BoP, current US$ | 481.00 million BoP, current US$ | 10 |
| 2010s | 9.25 billion BoP, current US$ | -5.14 billion BoP, current US$ | 21.49 billion BoP, current US$ | 10 |
| 2020s | 33.00 billion BoP, current US$ | 17.47 billion BoP, current US$ | 44.03 billion BoP, current US$ | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- External balance on goods and services as a percent of GDP 6.2% (2025)
- Inflation of consumer prices 3.3% (2025)
- GDP per capita 4,308 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 24.5% (2025)
- Gross domestic product (GDP) 437.71 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,308 constant 2015 US$ (2025)
- DEC alternative conversion factor 24,961 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 398.69 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 15.97 billion current US$ (2025)
- Taxes less subsidies on products 1,023.05 trillion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Vietnam?
- Net trade in goods in Vietnam was 43.42 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Vietnam?
- The highest recorded value was 44.03 billion BoP, current US$ in 2023.
- What is the lowest net trade in goods recorded in Vietnam?
- The lowest recorded value was -12.78 billion BoP, current US$ in 2008.
- How does Vietnam rank for net trade in goods?
- Vietnam ranks 15th out of 198 countries with data for 2024.
- Is net trade in goods rising or falling in Vietnam?
- Over the last ten years it is up 258.1%. 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 Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.