Imports Merchandise, Customs, Price, US$ in Vietnam

Vietnam: Imports Merchandise, Customs, Price, US$ was 0.8984 in 2024. ▼ Falling

Latest (2024)
0.8984
Change on year
down 6.7%
World rank
39th
of 47 countries
All-time high
1.29
in 1996
All-time low
0.8635
in 2002
Years of data
31
1994–2024

Imports Merchandise, Customs, Price, US$ in Vietnam, 1994–2024

00.511.51994200920241994: 1.21995: 1.21996: 1.31997: 1.31998: 1.11999: 0.9322000: 0.9482001: 0.8922002: 0.8642003: 0.8792004: 0.9492005: 12006: 12007: 1.12008: 1.32009: 12010: 12011: 1.12012: 1.12013: 1.12014: 1.12015: 0.9642016: 0.8942017: 0.9032018: 0.9142019: 0.9112020: 0.9052021: 0.9672022: 12023: 0.9632024: 0.898

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Vietnam recorded 0.8984 for imports merchandise, customs, price, us$ in 2024.

Compared with earlier readings it is down 6.7% on the previous year and down 15.1% over ten years.

Over the whole period, imports merchandise, customs, price, us$ in Vietnam peaked at 1.29 in 1996 and was at its lowest, 0.8635, in 2002.

That places Vietnam 39th out of 47 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.16 0.9318 1.29 6
2000s 0.9979 0.8635 1.26 10
2010s 0.9977 0.8943 1.13 10
2020s 0.9527 0.8984 1.03 5

Countries ranked near Vietnam

  1. 36 Japan 0.9323 compare
  2. 37 Austria 0.9016 compare
  3. 38 Hungary 0.9002 compare
  4. 40 Switzerland 0.8866 compare
  5. 41 United Kingdom 0.8801 compare
  6. 42 Ireland 0.876 compare

See the full ranking of 47 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is imports merchandise, customs, price, us$ in Vietnam?
Imports merchandise, customs, price, us$ in Vietnam was 0.8984 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, price, us$ recorded in Vietnam?
The highest recorded value was 1.29 in 1996.
What is the lowest imports merchandise, customs, price, us$ recorded in Vietnam?
The lowest recorded value was 0.8635 in 2002.
How does Vietnam rank for imports merchandise, customs, price, us$?
Vietnam ranks 39th out of 47 countries with data for 2024.
Is imports merchandise, customs, price, us$ rising or falling in Vietnam?
Over the last ten years it is down 15.1%. The long-run trend across the full record is falling.
Where does this Vietnam data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Imports Merchandise, Customs, Price, US$. Statizoid updates them automatically from the source API.

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About this data

Indicator
Imports Merchandise, Customs, Price, US$
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,400 data points, 1991–2025
Last refreshed

The price index of Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.