Merchandise imports from low- and middle-income economies … Latin in Vietnam
Vietnam: Merchandise imports from low- and middle-income economies … Latin was 2.5% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Latin in Vietnam, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in latin in Vietnam stood at 2.5%.
The figure is down 6.2% on the previous year and up 22.1% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Vietnam peaked at 3.5% in 1985 and was at its lowest, 0.0%, in 1981.
That places Vietnam 79th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies … Latin in Vietnam, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 1.4% | — |
| 1961 | 0.6% | -58.7% |
| 1962 | 1.0% | +84.8% |
| 1963 | 0.4% | -62.6% |
| 1972 | 3.2% | +714.8% |
| 1981 | 0.0% | -99.9% |
| 1982 | 0.0% | +547.2% |
| 1984 | 0.8% | +6458.9% |
| 1985 | 3.5% | +321.4% |
| 1986 | 1.5% | -58.7% |
| 1987 | 2.2% | +53.5% |
| 1988 | 1.7% | -24.5% |
| 1989 | 1.7% | +0.5% |
| 1990 | 0.5% | -70.8% |
| 1991 | 0.2% | -55.5% |
| 1992 | 0.4% | +88.6% |
| 1993 | 0.2% | -50.1% |
| 1994 | 0.0% | -82.6% |
| 1995 | 0.2% | +410.9% |
| 1996 | 0.1% | -39.6% |
| 1997 | 0.1% | -25.9% |
| 1998 | 0.2% | +100.2% |
| 1999 | 0.4% | +135.9% |
| 2000 | 0.3% | -13.5% |
| 2001 | 0.5% | +60.3% |
| 2002 | 0.7% | +22.0% |
| 2003 | 0.9% | +33.8% |
| 2004 | 0.8% | -11.4% |
| 2005 | 1.1% | +35.1% |
| 2006 | 1.0% | -5.4% |
| 2007 | 1.2% | +19.9% |
| 2008 | 1.1% | -7.5% |
| 2009 | 1.7% | +57.9% |
| 2010 | 1.8% | +4.7% |
| 2011 | 1.9% | +3.4% |
| 2012 | 1.9% | +1.3% |
| 2013 | 2.1% | +8.6% |
| 2014 | 2.7% | +30.8% |
| 2015 | 3.2% | +17.6% |
| 2016 | 2.9% | -8.5% |
| 2017 | 2.6% | -11.2% |
| 2018 | 2.6% | -0.1% |
| 2019 | 2.7% | +3.5% |
| 2020 | 2.7% | +0.1% |
| 2021 | 2.6% | -4.9% |
| 2022 | 2.7% | +5.9% |
| 2023 | 2.5% | -6.2% |
Vietnam compared with similar countries
- Vietnam's 2.5% is above the median for upper middle income countries, which is 2.4%, 1.0× the median. (59 countries reporting)
- Vietnam's 2.5% is above the median for East Asia & Pacific, which is 0.8%, 3.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies … Latin 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 |
|---|---|---|---|
| 1984 | +6458.9% | 0.0% | 0.8% |
| 1972 | +714.8% | 0.4% | 3.2% |
| 1982 | +547.2% | 0.0% | 0.0% |
| 1995 | +410.9% | 0.0% | 0.2% |
| 1985 | +321.4% | 0.8% | 3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8% | 0.4% | 1.4% | 4 |
| 1970s | 3.2% | 3.2% | 3.2% | 1 |
| 1980s | 1.4% | 0.0% | 3.5% | 8 |
| 1990s | 0.2% | 0.0% | 0.5% | 10 |
| 2000s | 0.9% | 0.3% | 1.7% | 10 |
| 2010s | 2.4% | 1.8% | 3.2% | 10 |
| 2020s | 2.6% | 2.5% | 2.7% | 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)
- Commercial service imports 40.54 billion current US$ (2025)
- Food exports 9.4% (2023)
- Manufactures exports 85.0% (2023)
- Merchandise exports 472.93 billion current US$ (2025)
- Commercial service exports 30.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,655 current US$ per person (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Vietnam?
- Merchandise imports from low- and middle-income economies in latin in Vietnam was 2.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Vietnam?
- The highest recorded value was 3.5% in 1985.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Vietnam?
- The lowest recorded value was 0.0% in 1981.
- How does Vietnam rank for merchandise imports from low- and middle-income economies in latin?
- Vietnam ranks 79th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Vietnam?
- Over the last ten years it is up 22.1%. 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 from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region 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.