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

In , Viet Nam's Merchandise imports by the reporting economy (current US$) was $318.47 billion.

That's down 9.2% from 2022, the highest value since .

The global average for this indicator in 2023 was $114.38 billion . Viet Nam ranks #21 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #6 of 36.

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

Trend (2004–2023)

Viet Nam Merchandise imports 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
$350.87B
Trough
$31.80B
1-year change
-9.2%
5-year change
+37.0%
+6.5% / yr
10-year change
+146.4%
+9.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
318.467B
350.869B
324.833B
258.784B
249.013B
232.542B
211.231B
173.514B
163.840B
144.778B

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

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

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

Frequently asked questions

What was Viet Nam's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Viet Nam's Merchandise imports by the reporting economy (current US$) was $318.47 billion, according to World Bank Open Data.
Is Viet Nam's Merchandise imports by the reporting economy (current US$) rising or falling?
Viet Nam's Merchandise imports by the reporting economy (current US$) fell 9.2% from 2022 to 2023.
How does Viet Nam rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Viet Nam ranked #21 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Viet Nam's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Viet Nam is above the world average. Within East Asia & Pacific, it ranks #6 of 36.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.