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Viet Nam: Merchandise exports (current US$)

In , Viet Nam's Merchandise exports (current US$) was $404.82 billion.

That's up 14.4% from 2023, the highest value on record.

The global average for this indicator in 2024 was $117.55 billion . Viet Nam ranks #20 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #6 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

Viet Nam Merchandise exports (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
$404.82B
Trough
$32.44B
1-year change
+14.4%
5-year change
+53.2%
+8.9% / yr
10-year change
+169.5%
+10.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports (current US$)
404.824B
353.782B
371.288B
335.978B
282.629B
264.268B
243.699B
215.014B
176.581B
162.065B

About Merchandise exports (current US$)

Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TX.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Viet Nam's Merchandise exports (current US$) in 2024?
In 2024, Viet Nam's Merchandise exports (current US$) was $404.82 billion, according to World Bank Open Data.
Is Viet Nam's Merchandise exports (current US$) rising or falling?
Viet Nam's Merchandise exports (current US$) rose 14.4% from 2023 to 2024.
How does Viet Nam rank globally on Merchandise exports (current US$)?
In 2024, Viet Nam ranked #20 out of 204 countries reporting Merchandise exports (current US$).
How does Viet Nam's Merchandise exports (current US$) compare to the world average?
The global average for Merchandise exports (current US$) in 2024 was $117.55 billion, so Viet Nam is above the world average. Within East Asia & Pacific, it ranks #6 of 36.
What is Merchandise exports (current US$) and how is it measured?
Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TX.VAL.MRCH.CD.WT), CC BY 4.0.