Binding coverage, manufactured products in Vietnam
Vietnam: Binding coverage, manufactured products was 98.7% in 2022. ▬ Flat
Binding coverage, manufactured products in Vietnam, 2007–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for binding coverage, manufactured products in Vietnam is 98.7%, measured in 2022.
That represents a change of down 0.0% over ten years.
Over the whole period, binding coverage, manufactured products in Vietnam peaked at 98.7% in 2012 and was at its lowest, 98.5%, in 2007.
Vietnam ranks 40th of 158 countries on this measure, in the top quarter.
Binding coverage, manufactured products in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 98.5% | — |
| 2008 | 98.5% | +0.0% |
| 2009 | 98.5% | +0.0% |
| 2010 | 98.5% | +0.0% |
| 2012 | 98.7% | +0.2% |
| 2013 | 98.7% | +0.0% |
| 2014 | 98.7% | +0.0% |
| 2015 | 98.7% | +0.0% |
| 2016 | 98.7% | +0.0% |
| 2017 | 98.7% | +0.0% |
| 2018 | 98.7% | -0.0% |
| 2019 | 98.7% | +0.0% |
| 2020 | 98.7% | +0.0% |
| 2021 | 98.7% | +0.0% |
| 2022 | 98.7% | +0.0% |
Vietnam compared with similar countries
- Vietnam's 98.7% is above the median for upper middle income countries, which is 29.1%, 3.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.5% | 98.5% | 98.5% | 3 |
| 2010s | 98.7% | 98.5% | 98.7% | 9 |
| 2020s | 98.7% | 98.7% | 98.7% | 3 |
Countries ranked near Vietnam
More private sector data for Vietnam
- Merchandise trade 180.0% (2025)
- Food imports 8.8% (2023)
- Manufactures imports 74.7% (2023)
- Merchandise imports 453.78 billion current US$ (2025)
- Food exports 9.4% (2023)
- Manufactures exports 85.0% (2023)
- Merchandise exports 472.93 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,655 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9188 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 16.82 % change on previous year (2025)
Frequently asked questions
- What is binding coverage, manufactured products in Vietnam?
- Binding coverage, manufactured products in Vietnam was 98.7% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Vietnam?
- The highest recorded value was 98.7% in 2012.
- What is the lowest binding coverage, manufactured products recorded in Vietnam?
- The lowest recorded value was 98.5% in 2007.
- How does Vietnam rank for binding coverage, manufactured products?
- Vietnam ranks 40th out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Vietnam?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Vietnam data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.