Tariff rate, most favored nation, weighted … manufactured weighted in Vietnam
Vietnam: Tariff rate, most favored nation, weighted … manufactured weighted was 4.7% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Vietnam, 1994–2022
Source: Staff estimates. Measured in %.
Analysis
Vietnam recorded 4.7% for tariff rate, most favored nation, weighted mean, manufactured products in 2022. That is the lowest value across all 23 years on record.
The figure is down 5.4% on the previous year and down 11.1% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Vietnam peaked at 16.6% in 2001 and was at its lowest, 4.7%, in 2022.
That places Vietnam 117th out of 184 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, weighted … manufactured weighted in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 11.5% | — |
| 1999 | 16.3% | +41.4% |
| 2001 | 16.6% | +2.1% |
| 2002 | 15.6% | -6.3% |
| 2003 | 13.3% | -14.8% |
| 2004 | 13.3% | -0.2% |
| 2005 | 13.5% | +1.7% |
| 2006 | 12.4% | -7.9% |
| 2007 | 11.7% | -5.9% |
| 2008 | 6.8% | -41.5% |
| 2009 | 6.8% | -0.3% |
| 2010 | 6.6% | -3.4% |
| 2012 | 5.3% | -19.6% |
| 2013 | 5.2% | -1.3% |
| 2014 | 5.1% | -1.7% |
| 2015 | 5.3% | +2.7% |
| 2016 | 5.4% | +2.8% |
| 2017 | 5.6% | +2.9% |
| 2018 | 6.8% | +22.5% |
| 2019 | 5.5% | -19.4% |
| 2020 | 5.0% | -9.8% |
| 2021 | 5.0% | +0.0% |
| 2022 | 4.7% | -5.4% |
Vietnam compared with similar countries
- Vietnam's 4.7% is below the median for upper middle income countries, which is 6.6%, 71% of the median. (53 countries reporting)
- Vietnam's 4.7% is below the median for East Asia & Pacific, which is 4.8%, 98% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted … manufactured weighted 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 |
|---|---|---|---|
| 1999 | +41.4% | 11.5% | 16.3% |
| 2008 | -41.5% | 11.7% | 6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.9% | 11.5% | 16.3% | 2 |
| 2000s | 12.2% | 6.8% | 16.6% | 9 |
| 2010s | 5.7% | 5.1% | 6.8% | 9 |
| 2020s | 4.9% | 4.7% | 5.0% | 3 |
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 tariff rate, most favored nation, weighted mean, manufactured products in Vietnam?
- Tariff rate, most favored nation, weighted mean, manufactured products in Vietnam was 4.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Vietnam?
- The highest recorded value was 16.6% in 2001.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Vietnam?
- The lowest recorded value was 4.7% in 2022.
- How does Vietnam rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Vietnam ranks 117th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Vietnam?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, manufactured 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 most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.