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Vietnam Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Year

Vietnam exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Vietnam Trade

Overall Exports and Imports for Vietnam 2023

The total value of exports (FOB) is US$ 353,078 million.
The total value of imports (CIF) is US$ 325,444 million.
The total trade was US$ 678,521 million.
The trade balance was US$ 27,634 million.

China Monthly Exports and imports, in Dec 2023

The total value of exports (FOB) is US$ 31,465,352 K.
The total value of imports (CIF) is US$ 29,404,394 K.
The total trade was US$ 60,869,746 K.
The trade balance was US$ 2,060,957 K.

Vietnam Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.11.
Index of export market penetration is 0.11.
World Growth in percentage is 0.11 and Vietnam Country Growth is -1.23.

Vietnam Service Trade data from WDI 2023

Vietnam, Service imports (BoP, current US$) is 29,092,000,000.00.
Vietnam, Service exports (BoP, current US$) is 20,265,000,000.00.
Vietnam, Imports of goods and services as percentage of GDP is 78.35 %.
Vietnam, Exports of goods and services as percentage of GDP is 86.47 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Vietnam in 2023 are below.

The maximum rate of tariff in percentage on any product is 135.
The simple average tariff across all products is 3.39.
The trade weighted average tariff is 1.09.
The total duty free imports in thousands of US dollars are 249,740,449.44 and duty free tariff line items share is 61.57.

Vietnam Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 249,141 million.
FDI Inward stock flow (in US$ Mil) was US$ 20,170 million.
FDI Outward stock (in US$ Mil) was US$ 13,615 million.
FDI Outward stock flow (in US$ Mil) was US$ 20 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 68.
No Of NTM Affected Products (HS 6 Digit) is 5,204.

Vietnam World Development Indicators (WDI) 2023

Key Development Indicators of Vietnam in 2023 are below

The population of Vietnam is 95,540,395.
GDP in US$ is 433,858 million .
GNI per capita, Atlas method in current US dollars is 4,150.00.
Trade balance in US$ is 35,215.00 million.
Trade in services as percentage of GDP is 8.12 %.

WDI

Vietnam Global Value Chain (GVC) 2022

GVC related output as percentage of output was 4 %.
GVC related trade as percentage of trade was 63 %.

GVC

Vietnam Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Vietnam is 41.50.

SPRD