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Vietnam Trade (% GDP)

Vietnam's trade (% GDP) fell to 164.82% in 2023, down from 183.15% in 2022, according to World Bank. This represents a decrease of 18.33% from the previous year. Vietnam has the 14th highest trade (% GDP). Within Asia, it ranks 4th out of 45 countries.

Yearly Historical Data (1986-2023)

(in %)
Year Trade (% GDP)
2023 164.82%
2022 183.15%
2021 186.68%
2020 163.25%
2019 164.7%
2018 164.66%
2017 160.98%
2016 145.41%
2015 144.91%
2014 135.41%
2013 130.85%
2012 123.22%
2011 125.26%
2010 113.98%
2009 134.71%
2008 154.32%
2007 154.61%
2006 138.31%
2005 130.71%
2004 133.02%
2003 124.33%
2002 116.7%
2001 111.96%
2000 111.42%
1999 102.79%
1998 97%
1997 94.34%
1996 92.71%
1995 74.72%
1994 77.47%
1993 66.21%
1992 73.58%
1991 66.95%
1990 81.32%
1989 57.9%
1988 18.95%
1987 20.8%
1986 23.22%
Vietnam Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Vietnam divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $353.08B $370.91B 2023
Annual Imports $325.44B $358.79B 2023
Balance of Trade $2.9B $3.7B Sep'25
Exports $42.7B $43.4B Sep'25
Exports (% GDP) 86.47% 93.42% 2023
FDI Inflows (% GDP) 4.23% 4.26% 2024
Imports $32.9B $39.7B Sep'25
Imports (% GDP) 78.35% 89.73% 2023
Net Trade (Goods & Services, BoP) $30.71B $35.2B 2024
Tariff Rate 3.71% 4.22% 2022