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Viet Nam: Exports of goods and services (% of GDP)

In , Viet Nam's Exports of goods and services (% of GDP) was 90.15.

That's up 4.3% from 2023, the highest value since .

The global average for this indicator in 2024 was 44.26 . Viet Nam ranks #9 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #4 of 24.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Viet Nam Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
93.85
Trough
54.18
1-year change
+4.3%
5-year change
+5.9%
+1.1% / yr
10-year change
+29.5%
+2.6% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
90.1542
86.4674
93.4201
93.8502
84.3816
85.1576
84.4235
81.7625
74.1073
72.9229

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Viet Nam's Exports of goods and services (% of GDP) in 2024?
In 2024, Viet Nam's Exports of goods and services (% of GDP) was 90.15, according to World Bank Open Data.
Is Viet Nam's Exports of goods and services (% of GDP) rising or falling?
Viet Nam's Exports of goods and services (% of GDP) rose 4.3% from 2023 to 2024.
How does Viet Nam rank globally on Exports of goods and services (% of GDP)?
In 2024, Viet Nam ranked #9 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Viet Nam's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Viet Nam is above the world average. Within East Asia & Pacific, it ranks #4 of 24.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.