Tariff rate, applied, weighted mean, all products in Viet Nam
Viet Nam: Tariff rate, applied, weighted mean, all products was 1.1% in 2022. ◆ Volatile
Tariff rate, applied, weighted mean, all products in Viet Nam, 1994–2022
Source: Staff estimates. Measured in %.
Analysis
Viet Nam recorded 1.1% for tariff rate, applied, weighted mean, all products in 2022. That is the lowest value across all 23 years on record.
The figure is down 8.5% on the previous year and down 70.7% over ten years.
Over the whole period, tariff rate, applied, weighted mean, all products in Viet Nam peaked at 19.2% in 1999 and was at its lowest, 1.1%, in 2022.
That places Viet Nam 172nd out of 184 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, applied, weighted mean, all products in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 15.2% | — |
| 1999 | 19.2% | +26.4% |
| 2001 | 15.3% | -20.4% |
| 2002 | 14.7% | -3.7% |
| 2003 | 11.8% | -20.0% |
| 2004 | 11.7% | -0.8% |
| 2005 | 11.3% | -2.9% |
| 2006 | 10.2% | -10.0% |
| 2007 | 9.1% | -10.6% |
| 2008 | 5.0% | -44.9% |
| 2009 | 6.8% | +34.4% |
| 2010 | 5.0% | -25.7% |
| 2012 | 3.6% | -27.3% |
| 2013 | 3.5% | -3.0% |
| 2014 | 3.4% | -3.1% |
| 2015 | 3.1% | -8.5% |
| 2016 | 2.9% | -8.9% |
| 2017 | 2.7% | -5.9% |
| 2018 | 4.4% | +63.2% |
| 2019 | 1.7% | -62.2% |
| 2020 | 1.3% | -19.3% |
| 2021 | 1.2% | -12.7% |
| 2022 | 1.1% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.2% | 15.2% | 19.2% | 2 |
| 2000s | 10.7% | 5.0% | 15.3% | 9 |
| 2010s | 3.4% | 1.7% | 5.0% | 9 |
| 2020s | 1.2% | 1.1% | 1.3% | 3 |
Countries ranked near Viet Nam
- 169 Seychelles 1.3% compare
- 170 Mauritius 1.2% compare
- 171 Republic of Moldova 1.2% compare
- 173 United Kingdom of Great Britain and Northern Ireland 1.0% compare
- 174 Australia 1.0% compare
- 175 Myanmar 0.8% compare
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 tariff rate, applied, weighted mean, all products in Viet Nam?
- Tariff rate, applied, weighted mean, all products in Viet Nam was 1.1% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, all products recorded in Viet Nam?
- The highest recorded value was 19.2% in 1999.
- What is the lowest tariff rate, applied, weighted mean, all products recorded in Viet Nam?
- The lowest recorded value was 1.1% in 2022.
- How does Viet Nam rank for tariff rate, applied, weighted mean, all products?
- Viet Nam ranks 172nd out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, all products rising or falling in Viet Nam?
- Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.