Merchandise exports to low- and middle-income economies outside region in Vietnam

Vietnam: Merchandise exports to low- and middle-income economies outside region was 7.1% in 2023. ▲ Rising

Latest (2023)
7.1%
Change on year
up 10.0%
World rank
125th
of 206 countries
All-time high
9.9%
in 1981
All-time low
0.3%
in 1971
Years of data
50
1960–2023

Merchandise exports to low- and middle-income economies outside region in Vietnam, 1960–2023

0246810196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

The most recent figure for merchandise exports to low- and middle-income economies outside region in Vietnam is 7.1%, measured in 2023.

The figure is up 10.0% on the previous year and up 1.9% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies outside region in Vietnam peaked at 9.9% in 1981 and was at its lowest, 0.3%, in 1971.

Vietnam ranks 125th of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 50 years of available data.

Merchandise exports to low- and middle-income economies outside region in Vietnam, year by year

Annual values for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Vietnam, 1960 to 2023.
Year % of total merchandise exports Change
1960 6.7%
1961 3.0% -55.3%
1962 7.6% +151.7%
1963 0.9% -87.7%
1971 0.3% -72.6%
1972 1.9% +656.2%
1973 1.0% -48.6%
1981 9.9% +893.2%
1982 3.5% -64.8%
1983 3.2% -9.1%
1984 0.6% -80.1%
1985 8.8% +1292.2%
1986 7.7% -11.6%
1987 5.7% -26.3%
1988 6.3% +10.6%
1989 5.1% -19.3%
1990 4.9% -4.0%
1991 1.6% -68.2%
1992 3.6% +129.5%
1993 3.3% -8.7%
1994 2.9% -11.0%
1995 2.8% -2.8%
1996 3.8% +36.3%
1997 3.1% -19.6%
1998 4.3% +38.9%
1999 4.9% +14.2%
2000 5.0% +2.0%
2001 5.4% +8.4%
2002 5.0% -6.9%
2003 3.2% -36.2%
2004 4.0% +25.7%
2005 4.4% +8.6%
2006 4.1% -7.3%
2007 4.3% +4.7%
2008 5.8% +37.2%
2009 5.8% -0.4%
2010 7.1% +21.3%
2011 8.2% +16.9%
2012 6.3% -23.2%
2013 7.0% +10.8%
2014 7.4% +5.8%
2015 8.2% +10.8%
2016 7.6% -7.6%
2017 8.0% +4.7%
2018 7.3% -7.8%
2019 7.2% -2.4%
2020 6.1% -14.9%
2021 6.7% +10.5%
2022 6.5% -3.6%
2023 7.1% +10.0%

Vietnam compared with similar countries

  • Vietnam's 7.1% is below the median for upper middle income countries, which is 9.6%, 74% of the median. (59 countries reporting)
  • Vietnam's 7.1% is above the median for East Asia & Pacific, which is 4.1%, 1.7× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies outside region 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.

YearChange FromTo
1985 +1292.2% 0.6% 8.8%
1981 +893.2% 1.0% 9.9%
1972 +656.2% 0.3% 1.9%
1962 +151.7% 3.0% 7.6%
1992 +129.5% 1.6% 3.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.6% 0.9% 7.6% 4
1970s 1.1% 0.3% 1.9% 3
1980s 5.6% 0.6% 9.9% 9
1990s 3.5% 1.6% 4.9% 10
2000s 4.7% 3.2% 5.8% 10
2010s 7.4% 6.3% 8.2% 10
2020s 6.6% 6.1% 7.1% 4

Countries ranked near Vietnam

  1. 122 Liberia 7.5% compare
  2. 123 Cape Verde 7.4% compare
  3. 124 Australia 7.2% compare
  4. 126 New Zealand 7.0% compare
  5. 127 Austria 7.0% compare
  6. 128 Suriname 7.0% compare

See the full ranking of 253 places →

More private sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is merchandise exports to low- and middle-income economies outside region in Vietnam?
Merchandise exports to low- and middle-income economies outside region in Vietnam was 7.1% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies outside region recorded in Vietnam?
The highest recorded value was 9.9% in 1981.
What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Vietnam?
The lowest recorded value was 0.3% in 1971.
How does Vietnam rank for merchandise exports to low- and middle-income economies outside region?
Vietnam ranks 125th out of 206 countries with data for 2023.
Is merchandise exports to low- and middle-income economies outside region rising or falling in Vietnam?
Over the last ten years it is up 1.9%. The long-run trend across the full record is rising.
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 outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies outside region in Vietnam. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/viet-nam/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.