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Viet Nam: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

In , Viet Nam's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 25.92.

That's up 7.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 21.22 . Viet Nam ranks #64 globally out of 202 reporting countries. Within East Asia & Pacific, it ranks #24 of 36.

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

Trend (2004–2023)

Viet Nam Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) 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
26.36
Trough
19.80
1-year change
+7.7%
5-year change
-1.6%
-0.3% / yr
10-year change
+14.9%
+1.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
25.9218
24.0592
24.5211
24.9752
24.4774
26.3554
25.5843
21.2148
19.8042
21.2621

About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Indicator code: TX.VAL.MRCH.WR.ZSCategory: Trade & Finance

Frequently asked questions

What was Viet Nam's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
In 2023, Viet Nam's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 25.92, according to World Bank Open Data.
Is Viet Nam's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
Viet Nam's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rose 7.7% from 2022 to 2023.
How does Viet Nam rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
In 2023, Viet Nam ranked #64 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
How does Viet Nam's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Viet Nam is above the world average. Within East Asia & Pacific, it ranks #24 of 36.
What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
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Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.