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Viet Nam: Merchandise exports by the reporting economy (current US$)

In , Viet Nam's Merchandise exports by the reporting economy (current US$) was $345.09 billion.

That's down 5.3% from 2022, the highest value since .

The global average for this indicator in 2023 was $111.31 billion . Viet Nam ranks #21 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #7 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Viet Nam Merchandise exports by the reporting economy (current US$) 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
$364.26B
Trough
$26.21B
1-year change
-5.3%
5-year change
+44.3%
+7.6% / yr
10-year change
+168.0%
+10.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports by the reporting economy (current US$)
345.093B
364.262B
330.432B
277.271B
259.384B
239.222B
212.731B
175.434B
159.789B
145.863B

About Merchandise exports by the reporting economy (current US$)

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Indicator code: TX.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Viet Nam's Merchandise exports by the reporting economy (current US$) in 2023?
In 2023, Viet Nam's Merchandise exports by the reporting economy (current US$) was $345.09 billion, according to World Bank Open Data.
Is Viet Nam's Merchandise exports by the reporting economy (current US$) rising or falling?
Viet Nam's Merchandise exports by the reporting economy (current US$) fell 5.3% from 2022 to 2023.
How does Viet Nam rank globally on Merchandise exports by the reporting economy (current US$)?
In 2023, Viet Nam ranked #21 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).
How does Viet Nam's Merchandise exports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so Viet Nam is above the world average. Within East Asia & Pacific, it ranks #7 of 36.
What is Merchandise exports by the reporting economy (current US$) and how is it measured?
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.
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Source: World Bank Open Data (TX.VAL.MRCH.WL.CD), CC BY 4.0.