Commercial service exports (current US$) in Vietnam
Vietnam: Commercial service exports was 25.02 billion current US$ in 2024. ◆ Volatile
Commercial service exports in Vietnam, 1996–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, commercial service exports in Vietnam stood at 25.02 billion current US$. That is the highest value across all 29 years on record.
The figure is up 23.5% on the previous year and up 128.1% over ten years.
Over the whole period, commercial service exports in Vietnam peaked at 25.02 billion current US$ in 2024 and was at its lowest, 2.24 billion current US$, in 1996.
Vietnam ranks 46th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Vietnam, year by year
| Year | current US$ | Change |
|---|---|---|
| 1996 | 2.24 billion current US$ | — |
| 1997 | 2.53 billion current US$ | +12.8% |
| 1998 | 2.62 billion current US$ | +3.4% |
| 1999 | 2.49 billion current US$ | -4.7% |
| 2000 | 2.70 billion current US$ | +8.4% |
| 2001 | 2.81 billion current US$ | +4.0% |
| 2002 | 2.95 billion current US$ | +4.9% |
| 2003 | 3.27 billion current US$ | +11.0% |
| 2004 | 3.87 billion current US$ | +18.2% |
| 2005 | 4.18 billion current US$ | +8.0% |
| 2006 | 5.10 billion current US$ | +22.1% |
| 2007 | 6.03 billion current US$ | +18.2% |
| 2008 | 7.01 billion current US$ | +16.2% |
| 2009 | 5.77 billion current US$ | -17.7% |
| 2010 | 7.46 billion current US$ | +29.4% |
| 2011 | 8.88 billion current US$ | +19.0% |
| 2012 | 9.62 billion current US$ | +8.3% |
| 2013 | 10.71 billion current US$ | +11.3% |
| 2014 | 10.97 billion current US$ | +2.4% |
| 2015 | 11.25 billion current US$ | +2.6% |
| 2016 | 12.50 billion current US$ | +11.1% |
| 2017 | 13.07 billion current US$ | +4.6% |
| 2018 | 14.79 billion current US$ | +13.2% |
| 2019 | 16.64 billion current US$ | +12.5% |
| 2020 | 7.60 billion current US$ | -54.3% |
| 2021 | 4.21 billion current US$ | -44.6% |
| 2022 | 13.53 billion current US$ | +221.3% |
| 2023 | 20.27 billion current US$ | +49.8% |
| 2024 | 25.02 billion current US$ | +23.5% |
Vietnam compared with similar countries
- Vietnam's 25.02 billion current US$ is above the median for upper middle income countries, which is 4.87 billion current US$, 5.1× the median. (57 countries reporting)
- Vietnam's 25.02 billion current US$ is above the median for East Asia & Pacific, which is 1.73 billion current US$, 14.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +221.3% | 4.21 billion current US$ | 13.53 billion current US$ |
| 2020 | -54.3% | 16.64 billion current US$ | 7.60 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.47 billion current US$ | 2.24 billion current US$ | 2.62 billion current US$ | 4 |
| 2000s | 4.37 billion current US$ | 2.70 billion current US$ | 7.01 billion current US$ | 10 |
| 2010s | 11.59 billion current US$ | 7.46 billion current US$ | 16.64 billion current US$ | 10 |
| 2020s | 14.12 billion current US$ | 4.21 billion current US$ | 25.02 billion current US$ | 5 |
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$), annual growth rate 16.82 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Vietnam?
- Commercial service exports in Vietnam was 25.02 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Vietnam?
- The highest recorded value was 25.02 billion current US$ in 2024.
- What is the lowest commercial service exports recorded in Vietnam?
- The lowest recorded value was 2.24 billion current US$ in 1996.
- How does Vietnam rank for commercial service exports?
- Vietnam ranks 46th out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Vietnam?
- Over the last ten years it is up 128.1%. 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. 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.