Merchandise imports by the reporting economy in Viet Nam
Viet Nam: Merchandise imports by the reporting economy was 318.47 billion current US$ in 2023. ◆ Volatile
Latest (2023)
318.47 billion current US$
Change on year
down 9.2%
World rank
21st
of 206 countries
All-time high
350.87 billion current US$
in 2022
All-time low
92.24 million current US$
in 1968
Years of data
57
1960–2023
Merchandise imports by the reporting economy in Viet Nam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise imports by the reporting economy in Viet Nam is 318.47 billion current US$, 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 Viet Nam peaked at 350.87 billion current US$ in 2022 and was at its lowest, 92.24 million current US$, in 1968.
That places Viet Nam 21st out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Viet Nam, year by year
| Year | current US$ | 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% |
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 Viet Nam
More private sector data for Viet Nam
- 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$), annual growth rate 16.82 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Viet Nam?
- Merchandise imports by the reporting economy in Viet Nam was 318.47 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Viet Nam?
- The highest recorded value was 350.87 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in Viet Nam?
- The lowest recorded value was 92.24 million current US$ in 1968.
- How does Viet Nam rank for merchandise imports by the reporting economy?
- Viet Nam ranks 21st out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Viet Nam?
- Over the last ten years it is up 146.4%. The long-run trend across the full record is volatile.
- Where does this Viet Nam 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.