Merchandise exports to low- and middle-income economies within region in Vietnam
Vietnam: Merchandise exports to low- and middle-income economies within region was 25.9% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region in Vietnam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Vietnam recorded 25.9% for merchandise exports to low- and middle-income economies within region in 2023.
That represents a change of up 7.7% on the previous year and up 14.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Vietnam peaked at 67.5% in 1971 and was at its lowest, 1.5%, in 1981.
Vietnam ranks 65th of 203 countries on this measure, 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 within region in Vietnam, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 11.4% | — |
| 1961 | 9.5% | -16.7% |
| 1962 | 4.5% | -52.8% |
| 1971 | 67.5% | +1403.6% |
| 1972 | 37.0% | -45.2% |
| 1973 | 40.3% | +9.0% |
| 1981 | 1.5% | -96.4% |
| 1982 | 3.7% | +152.4% |
| 1983 | 4.9% | +31.4% |
| 1984 | 4.3% | -12.0% |
| 1985 | 4.3% | +0.8% |
| 1986 | 3.2% | -26.2% |
| 1987 | 3.7% | +16.7% |
| 1988 | 3.8% | +1.5% |
| 1989 | 8.3% | +120.7% |
| 1990 | 12.4% | +49.3% |
| 1991 | 6.8% | -45.6% |
| 1992 | 11.5% | +71.0% |
| 1993 | 14.9% | +29.1% |
| 1994 | 16.2% | +8.8% |
| 1995 | 15.4% | -5.0% |
| 1996 | 12.3% | -20.2% |
| 1997 | 14.4% | +17.2% |
| 1998 | 18.6% | +29.0% |
| 1999 | 21.0% | +12.8% |
| 2000 | 22.8% | +8.6% |
| 2001 | 20.0% | -11.9% |
| 2002 | 18.1% | -9.5% |
| 2003 | 19.1% | +5.2% |
| 2004 | 20.8% | +9.1% |
| 2005 | 22.1% | +6.2% |
| 2006 | 20.6% | -6.9% |
| 2007 | 20.0% | -3.1% |
| 2008 | 20.4% | +1.9% |
| 2009 | 21.1% | +3.4% |
| 2010 | 22.2% | +5.3% |
| 2011 | 24.0% | +8.3% |
| 2012 | 24.6% | +2.4% |
| 2013 | 22.6% | -8.2% |
| 2014 | 21.3% | -5.8% |
| 2015 | 19.8% | -6.9% |
| 2016 | 21.2% | +7.1% |
| 2017 | 25.6% | +20.6% |
| 2018 | 26.4% | +3.0% |
| 2019 | 24.5% | -7.1% |
| 2020 | 25.0% | +2.0% |
| 2021 | 24.5% | -1.8% |
| 2022 | 24.1% | -1.9% |
| 2023 | 25.9% | +7.7% |
Vietnam compared with similar countries
- Vietnam's 25.9% is above the median for upper middle income countries, which is 15.5%, 1.7× the median. (59 countries reporting)
- Vietnam's 25.9% is below the median for East Asia & Pacific, which is 35.9%, 72% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies within 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.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +1403.6% | 4.5% | 67.5% |
| 1982 | +152.4% | 1.5% | 3.7% |
| 1989 | +120.7% | 3.8% | 8.3% |
| 1981 | -96.4% | 40.3% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.5% | 4.5% | 11.4% | 3 |
| 1970s | 48.2% | 37.0% | 67.5% | 3 |
| 1980s | 4.2% | 1.5% | 8.3% | 9 |
| 1990s | 14.3% | 6.8% | 21.0% | 10 |
| 2000s | 20.5% | 18.1% | 22.8% | 10 |
| 2010s | 23.2% | 19.8% | 26.4% | 10 |
| 2020s | 24.9% | 24.1% | 25.9% | 4 |
Countries ranked near Vietnam
- 62 Nicaragua 26.9% compare
- 63 Cote d'Ivoire 26.4% compare
- 64 Russia 26.3% compare
- 66 Turkmenistan 25.3% compare
- 67 Saint Vincent and the Grenadines 25.3% compare
- 68 Philippines 25.1% compare
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 within region in Vietnam?
- Merchandise exports to low- and middle-income economies within region in Vietnam was 25.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Vietnam?
- The highest recorded value was 67.5% in 1971.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Vietnam?
- The lowest recorded value was 1.5% in 1981.
- How does Vietnam rank for merchandise exports to low- and middle-income economies within region?
- Vietnam ranks 65th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Vietnam?
- Over the last ten years it is up 14.9%. 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 within region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.