Merchandise imports by the reporting economy (current US$) in Vietnam
Vietnam: Merchandise imports by the reporting economy (current US$) was 318.47 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Vietnam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise imports by the reporting economy in Vietnam is 318.47 billion current US$, measured in 2023.
The figure is down 9.2% on the previous year and up 146.4% over ten years.
Over the whole period, merchandise imports by the reporting economy in Vietnam peaked at 350.87 billion current US$ in 2022 and was at its lowest, 92.24 million current US$, in 1968.
That places Vietnam 21st out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) in Vietnam, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 233.50 million current US$ | — |
| 1961 | 247.30 million current US$ | +5.9% |
| 1962 | 261.11 million current US$ | +5.6% |
| 1963 | 198.76 million current US$ | -23.9% |
| 1964 | 126.29 million current US$ | -36.5% |
| 1965 | 161.91 million current US$ | +28.2% |
| 1966 | 235.98 million current US$ | +45.8% |
| 1967 | 118.04 million current US$ | -50.0% |
| 1968 | 92.24 million current US$ | -21.9% |
| 1969 | 175.04 million current US$ | +89.8% |
| 1970 | 257.00 million current US$ | +46.8% |
| 1971 | 272.00 million current US$ | +5.8% |
| 1972 | 386.67 million current US$ | +42.2% |
| 1973 | 304.51 million current US$ | -21.2% |
| 1981 | 558.29 million current US$ | +83.3% |
| 1982 | 431.33 million current US$ | -22.7% |
| 1983 | 404.72 million current US$ | -6.2% |
| 1984 | 484.01 million current US$ | +19.6% |
| 1985 | 360.32 million current US$ | -25.6% |
| 1986 | 391.45 million current US$ | +8.6% |
| 1987 | 387.76 million current US$ | -0.9% |
| 1988 | 469.82 million current US$ | +21.2% |
| 1989 | 453.26 million current US$ | -3.5% |
| 1990 | 1.40 billion current US$ | +208.2% |
| 1991 | 1.77 billion current US$ | +26.9% |
| 1992 | 2.11 billion current US$ | +19.2% |
| 1993 | 3.46 billion current US$ | +64.0% |
| 1994 | 5.04 billion current US$ | +45.5% |
| 1995 | 7.58 billion current US$ | +50.3% |
| 1996 | 10.53 billion current US$ | +39.0% |
| 1997 | 11.35 billion current US$ | +7.8% |
| 1998 | 11.30 billion current US$ | -0.4% |
| 1999 | 11.70 billion current US$ | +3.6% |
| 2000 | 15.52 billion current US$ | +32.6% |
| 2001 | 16.01 billion current US$ | +3.2% |
| 2002 | 19.56 billion current US$ | +22.2% |
| 2003 | 25.05 billion current US$ | +28.0% |
| 2004 | 31.80 billion current US$ | +27.0% |
| 2005 | 36.57 billion current US$ | +15.0% |
| 2006 | 44.52 billion current US$ | +21.7% |
| 2007 | 62.29 billion current US$ | +39.9% |
| 2008 | 79.90 billion current US$ | +28.3% |
| 2009 | 68.67 billion current US$ | -14.1% |
| 2010 | 83.36 billion current US$ | +21.4% |
| 2011 | 104.42 billion current US$ | +25.3% |
| 2012 | 111.64 billion current US$ | +6.9% |
| 2013 | 129.26 billion current US$ | +15.8% |
| 2014 | 144.78 billion current US$ | +12.0% |
| 2015 | 163.84 billion current US$ | +13.2% |
| 2016 | 173.51 billion current US$ | +5.9% |
| 2017 | 211.23 billion current US$ | +21.7% |
| 2018 | 232.54 billion current US$ | +10.1% |
| 2019 | 249.01 billion current US$ | +7.1% |
| 2020 | 258.78 billion current US$ | +3.9% |
| 2021 | 324.83 billion current US$ | +25.5% |
| 2022 | 350.87 billion current US$ | +8.0% |
| 2023 | 318.47 billion current US$ | -9.2% |
Vietnam compared with similar countries
- Vietnam's 318.47 billion current US$ is above the median for upper middle income countries, which is 15.63 billion current US$, 20.4× the median. (59 countries reporting)
- Vietnam's 318.47 billion current US$ is above the median for East Asia & Pacific, which is 6.01 billion current US$, 53.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy (current US$) 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 |
|---|---|---|---|
| 1990 | +208.2% | 453.26 million current US$ | 1.40 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 185.02 million current US$ | 92.24 million current US$ | 261.11 million current US$ | 10 |
| 1970s | 305.05 million current US$ | 257.00 million current US$ | 386.67 million current US$ | 4 |
| 1980s | 437.89 million current US$ | 360.32 million current US$ | 558.29 million current US$ | 9 |
| 1990s | 6.63 billion current US$ | 1.40 billion current US$ | 11.70 billion current US$ | 10 |
| 2000s | 39.99 billion current US$ | 15.52 billion current US$ | 79.90 billion current US$ | 10 |
| 2010s | 160.36 billion current US$ | 83.36 billion current US$ | 249.01 billion current US$ | 10 |
| 2020s | 313.24 billion current US$ | 258.78 billion current US$ | 350.87 billion current US$ | 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$), annual growth rate 16.82 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Vietnam?
- Merchandise imports by the reporting economy in Vietnam was 318.47 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Vietnam?
- The highest recorded value was 350.87 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in Vietnam?
- The lowest recorded value was 92.24 million current US$ in 1968.
- How does Vietnam rank for merchandise imports by the reporting economy?
- Vietnam ranks 21st out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Vietnam?
- Over the last ten years it is up 146.4%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.