Merchandise exports to low- and middle-income economies in South Asia in Vietnam
Vietnam: Merchandise exports to low- and middle-income economies in South Asia was 2.9% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in South Asia in Vietnam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Vietnam recorded 2.9% for merchandise exports to low- and middle-income economies in south asia in 2023.
Compared with earlier readings it is up 5.2% on the previous year and up 18.2% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in south asia in Vietnam peaked at 5.0% in 1981 and was at its lowest, 0.0%, in 1973.
That places Vietnam 71st out of 205 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in South Asia in Vietnam, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.4% | — |
| 1961 | 2.1% | -52.1% |
| 1962 | 3.5% | +66.3% |
| 1973 | 0.0% | -99.7% |
| 1981 | 5.0% | +42720.0% |
| 1982 | 1.2% | -75.0% |
| 1983 | 1.4% | +14.1% |
| 1984 | 0.4% | -71.1% |
| 1985 | 0.3% | -25.4% |
| 1986 | 0.6% | +85.9% |
| 1987 | 0.2% | -66.9% |
| 1988 | 0.3% | +63.8% |
| 1989 | 2.1% | +579.2% |
| 1990 | 1.5% | -25.9% |
| 1991 | 0.4% | -76.9% |
| 1992 | 0.8% | +137.2% |
| 1993 | 0.7% | -15.2% |
| 1994 | 0.4% | -42.6% |
| 1995 | 0.2% | -47.9% |
| 1996 | 0.2% | -13.0% |
| 1997 | 0.2% | +31.9% |
| 1998 | 0.3% | +7.6% |
| 1999 | 0.5% | +69.6% |
| 2000 | 0.6% | +29.9% |
| 2001 | 0.5% | -16.7% |
| 2002 | 0.5% | +12.1% |
| 2003 | 0.3% | -38.8% |
| 2004 | 0.6% | +82.4% |
| 2005 | 0.6% | -6.3% |
| 2006 | 0.6% | +9.6% |
| 2007 | 0.7% | +8.7% |
| 2008 | 0.9% | +37.0% |
| 2009 | 1.1% | +20.6% |
| 2010 | 2.1% | +82.5% |
| 2011 | 2.4% | +17.3% |
| 2012 | 2.2% | -10.3% |
| 2013 | 2.5% | +13.5% |
| 2014 | 2.5% | +1.2% |
| 2015 | 2.3% | -7.3% |
| 2016 | 2.2% | -3.2% |
| 2017 | 2.5% | +13.7% |
| 2018 | 3.3% | +30.5% |
| 2019 | 3.1% | -7.1% |
| 2020 | 2.4% | -23.2% |
| 2021 | 2.6% | +9.0% |
| 2022 | 2.8% | +7.1% |
| 2023 | 2.9% | +5.2% |
Vietnam compared with similar countries
- Vietnam's 2.9% is above the median for upper middle income countries, which is 1.3%, 2.3× the median. (59 countries reporting)
- Vietnam's 2.9% is above the median for East Asia & Pacific, which is 0.9%, 3.2× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in South Asia 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 |
|---|---|---|---|
| 1981 | +42720.0% | 0.0% | 5.0% |
| 1989 | +579.2% | 0.3% | 2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.3% | 2.1% | 4.4% | 3 |
| 1970s | 0.0% | 0.0% | 0.0% | 1 |
| 1980s | 1.3% | 0.2% | 5.0% | 9 |
| 1990s | 0.5% | 0.2% | 1.5% | 10 |
| 2000s | 0.7% | 0.3% | 1.1% | 10 |
| 2010s | 2.5% | 2.1% | 3.3% | 10 |
| 2020s | 2.6% | 2.4% | 2.9% | 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 low- and middle-income economies in south asia in Vietnam?
- Merchandise exports to low- and middle-income economies in south asia in Vietnam was 2.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in south asia recorded in Vietnam?
- The highest recorded value was 5.0% in 1981.
- What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Vietnam?
- The lowest recorded value was 0.0% in 1973.
- How does Vietnam rank for merchandise exports to low- and middle-income economies in south asia?
- Vietnam ranks 71st out of 205 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in south asia rising or falling in Vietnam?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are 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.