Merchandise exports to high-income economies in Vietnam
Vietnam: Merchandise exports to high-income economies was 66.9% in 2023. ▼ Falling
Merchandise exports to high-income economies in Vietnam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Vietnam recorded 66.9% for merchandise exports to high-income economies in 2023.
The figure is down 3.6% on the previous year and down 5.0% over ten years.
Over the whole period, merchandise exports to high-income economies in Vietnam peaked at 100.0% in 1964 and was at its lowest, 32.3%, in 1971.
Vietnam ranks 99th of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 57 years of available data.
Merchandise exports to high-income economies in Vietnam, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 81.8% | — |
| 1961 | 87.5% | +6.9% |
| 1962 | 87.9% | +0.5% |
| 1963 | 99.1% | +12.7% |
| 1964 | 100.0% | +0.9% |
| 1965 | 100.0% | +0.0% |
| 1966 | 100.0% | +0.0% |
| 1967 | 100.0% | +0.0% |
| 1968 | 100.0% | +0.0% |
| 1969 | 100.0% | +0.0% |
| 1970 | 100.0% | +0.0% |
| 1971 | 32.3% | -67.7% |
| 1972 | 61.1% | +89.3% |
| 1973 | 58.7% | -3.9% |
| 1981 | 88.6% | +51.0% |
| 1982 | 92.8% | +4.7% |
| 1983 | 92.0% | -0.9% |
| 1984 | 95.1% | +3.4% |
| 1985 | 86.9% | -8.6% |
| 1986 | 89.1% | +2.5% |
| 1987 | 90.6% | +1.7% |
| 1988 | 89.9% | -0.7% |
| 1989 | 86.6% | -3.7% |
| 1990 | 82.7% | -4.5% |
| 1991 | 91.7% | +10.9% |
| 1992 | 84.9% | -7.4% |
| 1993 | 81.8% | -3.6% |
| 1994 | 80.9% | -1.2% |
| 1995 | 81.8% | +1.1% |
| 1996 | 83.9% | +2.6% |
| 1997 | 82.5% | -1.6% |
| 1998 | 77.1% | -6.5% |
| 1999 | 74.1% | -3.9% |
| 2000 | 72.2% | -2.5% |
| 2001 | 74.6% | +3.2% |
| 2002 | 76.8% | +3.0% |
| 2003 | 77.7% | +1.1% |
| 2004 | 75.1% | -3.3% |
| 2005 | 73.5% | -2.2% |
| 2006 | 75.3% | +2.5% |
| 2007 | 75.8% | +0.6% |
| 2008 | 73.8% | -2.6% |
| 2009 | 73.1% | -0.9% |
| 2010 | 70.8% | -3.2% |
| 2011 | 67.8% | -4.3% |
| 2012 | 69.1% | +2.0% |
| 2013 | 70.4% | +1.9% |
| 2014 | 71.3% | +1.3% |
| 2015 | 72.0% | +0.9% |
| 2016 | 71.2% | -1.1% |
| 2017 | 66.4% | -6.6% |
| 2018 | 66.3% | -0.2% |
| 2019 | 68.4% | +3.1% |
| 2020 | 68.9% | +0.8% |
| 2021 | 68.7% | -0.3% |
| 2022 | 69.4% | +1.0% |
| 2023 | 66.9% | -3.6% |
Vietnam compared with similar countries
- Vietnam's 66.9% is above the median for upper middle income countries, which is 65.7%, 1.0× the median. (59 countries reporting)
- Vietnam's 66.9% is above the median for East Asia & Pacific, which is 59.1%, 1.1× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to high-income economies 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 |
|---|---|---|---|
| 1972 | +89.3% | 32.3% | 61.1% |
| 1971 | -67.7% | 100.0% | 32.3% |
| 1981 | +51.0% | 58.7% | 88.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 95.6% | 81.8% | 100.0% | 10 |
| 1970s | 63.0% | 32.3% | 100.0% | 4 |
| 1980s | 90.2% | 86.6% | 95.1% | 9 |
| 1990s | 82.1% | 74.1% | 91.7% | 10 |
| 2000s | 74.8% | 72.2% | 77.7% | 10 |
| 2010s | 69.4% | 66.3% | 72.0% | 10 |
| 2020s | 68.5% | 66.9% | 69.4% | 4 |
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 merchandise exports to high-income economies in Vietnam?
- Merchandise exports to high-income economies in Vietnam was 66.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Vietnam?
- The highest recorded value was 100.0% in 1964.
- What is the lowest merchandise exports to high-income economies recorded in Vietnam?
- The lowest recorded value was 32.3% in 1971.
- How does Vietnam rank for merchandise exports to high-income economies?
- Vietnam ranks 99th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Vietnam?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.