Tariff rate, most favored nation, weighted mean, primary products (%) in Vietnam
Vietnam: Tariff rate, most favored nation, weighted mean, primary products (%) was 6.0% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, primary products in Vietnam, 1994–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, primary products in Vietnam is 6.0%, measured in 2022.
That represents a change of down 9.9% on the previous year and up 47.2% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Vietnam peaked at 28.0% in 1999 and was at its lowest, 4.1%, in 2012.
That places Vietnam 116th out of 184 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted mean, primary products (%) in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 26.3% | — |
| 1999 | 28.0% | +6.6% |
| 2001 | 11.2% | -59.9% |
| 2002 | 13.4% | +19.6% |
| 2003 | 11.7% | -12.7% |
| 2004 | 11.6% | -1.4% |
| 2005 | 11.8% | +1.6% |
| 2006 | 11.6% | -1.3% |
| 2007 | 11.4% | -1.8% |
| 2008 | 5.0% | -56.4% |
| 2009 | 11.1% | +122.9% |
| 2010 | 6.4% | -42.3% |
| 2012 | 4.1% | -36.0% |
| 2013 | 5.8% | +41.6% |
| 2014 | 6.4% | +9.8% |
| 2015 | 7.4% | +16.4% |
| 2016 | 7.1% | -4.3% |
| 2017 | 7.1% | -0.1% |
| 2018 | 13.0% | +84.3% |
| 2019 | 6.0% | -54.1% |
| 2020 | 6.8% | +13.4% |
| 2021 | 6.7% | -1.5% |
| 2022 | 6.0% | -9.9% |
Vietnam compared with similar countries
- Vietnam's 6.0% is below the median for upper middle income countries, which is 8.4%, 72% of the median. (53 countries reporting)
- Vietnam's 6.0% is below the median for East Asia & Pacific, which is 6.2%, 97% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, primary products (%) 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 |
|---|---|---|---|
| 2009 | +122.9% | 5.0% | 11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.1% | 26.3% | 28.0% | 2 |
| 2000s | 11.0% | 5.0% | 13.4% | 9 |
| 2010s | 7.0% | 4.1% | 13.0% | 9 |
| 2020s | 6.5% | 6.0% | 6.8% | 3 |
Countries ranked near Vietnam
- 114 Moldova 6.2% compare
- 115 Cote d'Ivoire 6.2% compare
- 117 Chile 6.0% compare
- 118 Bahamas 5.8% compare
- 119 Saudi Arabia 5.8% compare
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, primary products in Vietnam?
- Tariff rate, most favored nation, weighted mean, primary products in Vietnam was 6.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Vietnam?
- The highest recorded value was 28.0% in 1999.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Vietnam?
- The lowest recorded value was 4.1% in 2012.
- How does Vietnam rank for tariff rate, most favored nation, weighted mean, primary products?
- Vietnam ranks 116th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Vietnam?
- Over the last ten years it is up 47.2%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, primary products (%). Statizoid updates them automatically from the source API.
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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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).