Viet Nam: Merchandise exports (current US$)

Key figures

What the numbers say

In 2025, Viet Nam's merchandise exports (current US$) rose 16.8% on 2024 (from US$404.82 billion to US$472.93 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +17.1% and a typical year strayed about 11.2% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 816% in 1975 and the biggest yearly fall was 56.9% in 1974. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$29.82 billion a year. A straight line explains 97% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$525.4 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$24.97 billion, against US$50.89 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Viet Nam had the 17th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Viet Nam in the 2025 ranking

• United Kingdom — 14th of 204: US$555.83 billion
• Canada — 15th of 204: US$554.68 billion
• Switzerland — 16th of 204: US$554.16 billion
• India — 18th of 204: US$445.28 billion
• Spain — 19th of 204: US$445.11 billion
• Russian Federation — 20th of 204: US$419.4 billion

What this measures

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.

Limitations: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 66 values

Merchandise exports (current US$) in nearby economies

• American Samoa — US$394 million (2025)
• Australia — US$337.58 billion (2025)
• Brunei Darussalam — US$10.5 billion (2025)
• Cambodia — US$31.27 billion (2025)
• China — US$3.77 trillion (2025)
• Fiji — US$1.13 billion (2025)
• French Polynesia — US$175 million (2025)
• Guam — US$71 million (2025)
• Hong Kong SAR, China — US$753.58 billion (2025)
• Indonesia — US$282.91 billion (2025)
• Japan

More private sector & trade data for Viet Nam

• Merchandise imports (current US$) — US$453.78 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 48.05% (2023)
• Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
• Merchandise imports by the reporting economy (current US$) — US$318.47 billion (2023)
• Merchandise exports to high-income economies (% of total merchandise exports) — 66.93% (2023)
• Merchandise exports by the reporting economy, residual (% of total merchandise exports) — 0% (2023)
• Merchandise exports by the reporting economy (current US$) — US$345.09 billion (2023)
• Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Viet Nam's merchandise exports (current US$)?

US$472.93 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 549,817% from US$86 million in 1960 (14.17% a year on average, compounded). The highest value was US$472.93 billion in 2025 and the lowest US$8 million in 1968.

How does Viet Nam rank?

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.CD.WT, licensed CC BY 4.0. Original source: World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.