Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Vietnam

Merchandise trade (% of GDP) in Vietnam in 2025 — 180.05%. Ranked 4 in the world out of 189. Since 1985, the indicator has risen by 161.92 pp.

2025 180.05% +15.17 pp vs 2024
World rank 4of 189
Period maximum 182.4%2021
Period minimum 9.03%1987

Trend over time

1985–2025 · % of GDP

Merchandise trade (% of GDP) — Vietnam, 1985–2025050100150200198519891993199720012005200920132017202120251985: 18.13%1986: 11.18%1987: 9.03%1988: 14.92%1989: 71.68%1990: 79.67%1991: 46.03%1992: 51.91%1993: 49.44%1994: 60.66%1995: 65.61%1996: 74.62%1997: 77.4%1998: 76.67%1999: 81.17%2000: 96.63%2001: 95.6%2002: 103.96%2003: 114.8%2004: 128.67%2005: 120.07%2006: 127.83%2007: 143.7%2008: 144.66%2009: 119.84%2010: 106.71%2011: 118%2012: 116.73%2013: 123.56%2014: 127.68%2015: 136.95%2016: 136.67%2017: 152.1%2018: 154.97%2019: 154.82%2020: 157.33%2021: 182.4%2022: 176.67%2023: 156.65%2024: 164.87%2025: 180.05%
Change over the period: +161.92 pp Annual average: 4.05 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Vietnam

Vietnam 180.05%
World 43.89%
South-Eastern Asia computed 100.39%
Merchandise trade (% of GDP) — Vietnam, by year Vietnam All countries CSV XLSX
Year % Change, pp
2025 180.05 +15.17 pp
2024 164.87 +8.22 pp
2023 156.65 −20.02 pp
2022 176.67 −5.72 pp
2021 182.4 +25.07 pp
2020 157.33 +2.51 pp
2019 154.82 −0.15 pp
2018 154.97 +2.87 pp
2017 152.1 +15.42 pp
2016 136.67 −0.28 pp
2015 136.95 +9.28 pp
2014 127.68 +4.11 pp
2013 123.56 +6.84 pp
2012 116.73 −1.27 pp
2011 118 +11.29 pp
2010 106.71 −13.13 pp
2009 119.84 −24.82 pp
2008 144.66 +0.96 pp
2007 143.7 +15.87 pp
2006 127.83 +7.75 pp
2005 120.07 −8.6 pp
2004 128.67 +13.88 pp
2003 114.8 +10.84 pp
2002 103.96 +8.36 pp
2001 95.6 −1.03 pp
2000 96.63 +15.46 pp
1999 81.17 +4.5 pp
1998 76.67 −0.73 pp
1997 77.4 +2.78 pp
1996 74.62 +9.01 pp
1995 65.61 +4.94 pp
1994 60.66 +11.22 pp
1993 49.44 −2.47 pp
1992 51.91 +5.88 pp
1991 46.03 −33.64 pp
1990 79.67 +7.99 pp
1989 71.68 +56.76 pp
1988 14.92 +5.9 pp
1987 9.03 −2.15 pp
1986 11.18 −6.95 pp
1985 18.13

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.