Merchandise imports from high-income economies in Vietnam
Vietnam: Merchandise imports from high-income economies was 48.0% in 2023. ▼ Falling
Merchandise imports from high-income economies in Vietnam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from high-income economies in Vietnam is 48.0%, measured in 2023. That is the lowest value across all 57 years on record.
That represents a change of down 1.8% on the previous year and down 12.1% over ten years.
Over the whole period, merchandise imports from high-income economies in Vietnam peaked at 100.0% in 1964 and was at its lowest, 48.0%, in 2023.
That places Vietnam 139th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 57 years of available data.
Merchandise imports from high-income economies in Vietnam, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 89.3% | — |
| 1961 | 89.6% | +0.4% |
| 1962 | 90.6% | +1.1% |
| 1963 | 99.0% | +9.3% |
| 1964 | 100.0% | +1.0% |
| 1965 | 100.0% | +0.0% |
| 1966 | 100.0% | +0.0% |
| 1967 | 100.0% | +0.0% |
| 1968 | 100.0% | +0.0% |
| 1969 | 100.0% | +0.0% |
| 1970 | 100.0% | +0.0% |
| 1971 | 100.0% | +0.0% |
| 1972 | 91.1% | -8.9% |
| 1973 | 100.0% | +9.8% |
| 1981 | 96.5% | -3.5% |
| 1982 | 91.1% | -5.6% |
| 1983 | 95.4% | +4.8% |
| 1984 | 93.4% | -2.1% |
| 1985 | 90.0% | -3.7% |
| 1986 | 89.8% | -0.2% |
| 1987 | 86.3% | -3.8% |
| 1988 | 90.1% | +4.4% |
| 1989 | 92.7% | +2.8% |
| 1990 | 95.4% | +2.9% |
| 1991 | 92.0% | -3.5% |
| 1992 | 91.3% | -0.9% |
| 1993 | 88.5% | -3.1% |
| 1994 | 84.7% | -4.3% |
| 1995 | 81.4% | -3.9% |
| 1996 | 86.3% | +6.0% |
| 1997 | 84.6% | -1.9% |
| 1998 | 81.0% | -4.2% |
| 1999 | 79.4% | -2.0% |
| 2000 | 76.7% | -3.4% |
| 2001 | 76.1% | -0.7% |
| 2002 | 73.2% | -3.8% |
| 2003 | 70.7% | -3.5% |
| 2004 | 68.2% | -3.5% |
| 2005 | 66.4% | -2.6% |
| 2006 | 65.3% | -1.6% |
| 2007 | 62.2% | -4.8% |
| 2008 | 62.0% | -0.2% |
| 2009 | 56.8% | -8.5% |
| 2010 | 56.2% | -1.1% |
| 2011 | 57.6% | +2.5% |
| 2012 | 57.5% | -0.1% |
| 2013 | 54.7% | -4.9% |
| 2014 | 53.0% | -3.0% |
| 2015 | 52.6% | -0.9% |
| 2016 | 53.5% | +1.8% |
| 2017 | 54.5% | +1.8% |
| 2018 | 54.4% | -0.2% |
| 2019 | 52.8% | -2.9% |
| 2020 | 51.4% | -2.6% |
| 2021 | 49.1% | -4.5% |
| 2022 | 48.9% | -0.3% |
| 2023 | 48.0% | -1.8% |
Vietnam compared with similar countries
- Vietnam's 48.0% is below the median for upper middle income countries, which is 56.4%, 85% of the median. (59 countries reporting)
- Vietnam's 48.0% is below the median for East Asia & Pacific, which is 59.6%, 81% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 96.8% | 89.3% | 100.0% | 10 |
| 1970s | 97.8% | 91.1% | 100.0% | 4 |
| 1980s | 91.7% | 86.3% | 96.5% | 9 |
| 1990s | 86.4% | 79.4% | 95.4% | 10 |
| 2000s | 67.8% | 56.8% | 76.7% | 10 |
| 2010s | 54.7% | 52.6% | 57.6% | 10 |
| 2020s | 49.4% | 48.0% | 51.4% | 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 from high-income economies in Vietnam?
- Merchandise imports from high-income economies in Vietnam was 48.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from high-income economies recorded in Vietnam?
- The highest recorded value was 100.0% in 1964.
- What is the lowest merchandise imports from high-income economies recorded in Vietnam?
- The lowest recorded value was 48.0% in 2023.
- How does Vietnam rank for merchandise imports from high-income economies?
- Vietnam ranks 139th out of 206 countries with data for 2023.
- Is merchandise imports from high-income economies rising or falling in Vietnam?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.