Foreign Trade (As % of GDP) rose to 200% in Vietnam in 2017

Foreign Trade (As % of GDP) (%)
Economy | Vietnam | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 200 % in 2017 in Vietnam, according to the National Statistical Office. This is 8.5 % more than in the previous year.

Historically, foreign trade as a share of GDP in Vietnam reached an all time high of 200 % in 2017 and an all time low of 19.0 % in 1988. When compared to Vietnam's main peers, foreign trade as a share of GDP in Cambodia amounted to 125 %, 37.8 % in China, 75.8 % in Laos and 123 % in Thailand in 2017.

Vietnam has been ranked 6th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 6 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Cambodia % 114% 121% 130% 130% 128%
China % 50.6% 48.1% 46.6% 44.9% 39.5%
India % 55.6% 55.8% 53.8% 48.9% 41.9%
Japan % 30.4% 30.6% 34.1% 37.5% 35.6%
Laos % 91.7% 98.2% 98.2% 99.1% 85.8%
Malaysia % 155% 148% 143% 138% 133%
Myanmar % 0.200% 22.4% 38.6% 42.3% 47.4%
Russia % 47.9% 47.1% 46.2% 47.7% 49.3%
Thailand % 140% 138% 133% 132% 126%
USA % 30.8% 30.6% 30.0% 30.0% 27.7%
Vietnam % 163% 157% 165% 170% 179%