Tariff rate, most favored nation, simple mean, manufactured products in Viet Nam
Viet Nam: Tariff rate, most favored nation, simple mean, manufactured products was 8.7% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, manufactured products in Viet Nam, 1994–2022
Source: Staff estimates. Measured in %.
Analysis
Viet Nam recorded 8.7% for tariff rate, most favored nation, simple mean, manufactured products in 2022.
The figure is down 1.0% on the previous year and down 0.1% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Viet Nam peaked at 16.6% in 2003 and was at its lowest, 8.6%, in 2013.
That places Viet Nam 77th out of 186 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Tariff rate, most favored nation, simple mean, manufactured products in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 14.4% | — |
| 1999 | 16.3% | +13.5% |
| 2001 | 16.3% | +0.1% |
| 2002 | 16.2% | -0.4% |
| 2003 | 16.6% | +2.3% |
| 2004 | 16.6% | +0.0% |
| 2005 | 16.6% | +0.0% |
| 2006 | 16.6% | +0.0% |
| 2007 | 16.6% | +0.0% |
| 2008 | 9.9% | -40.6% |
| 2009 | 9.5% | -4.0% |
| 2010 | 9.1% | -4.0% |
| 2012 | 8.7% | -4.7% |
| 2013 | 8.6% | -0.6% |
| 2014 | 8.7% | +0.9% |
| 2015 | 8.7% | -0.1% |
| 2016 | 8.7% | +0.6% |
| 2017 | 8.7% | +0.0% |
| 2018 | 8.7% | +0.0% |
| 2019 | 8.8% | +0.1% |
| 2020 | 8.8% | +0.0% |
| 2021 | 8.8% | +0.0% |
| 2022 | 8.7% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.3% | 14.4% | 16.3% | 2 |
| 2000s | 15.0% | 9.5% | 16.6% | 9 |
| 2010s | 8.8% | 8.6% | 9.1% | 9 |
| 2020s | 8.7% | 8.7% | 8.8% | 3 |
Countries ranked near Viet Nam
- 74 Antigua and Barbuda 8.9% compare
- 75 Suriname 8.8% compare
- 76 Saint Kitts and Nevis 8.7% compare
- 78 Saint Vincent and the Grenadines 8.6% compare
- 79 Indonesia 8.4% compare
- 80 Botswana 8.2% compare
- 80 Eswatini 8.2% compare
- 80 Lesotho 8.2% compare
- 80 Namibia 8.2% compare
- 80 South Africa 8.2% 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, most favored nation, simple mean, manufactured products in Viet Nam?
- Tariff rate, most favored nation, simple mean, manufactured products in Viet Nam was 8.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Viet Nam?
- The highest recorded value was 16.6% in 2003.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Viet Nam?
- The lowest recorded value was 8.6% in 2013.
- How does Viet Nam rank for tariff rate, most favored nation, simple mean, manufactured products?
- Viet Nam ranks 77th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Viet Nam?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.