Import of Goods Value from Vietnam (1990-2023)

Import of Goods Value from Vietnam (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Vietnam (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Vietnam
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Viet Nam's imports grew exponentially from $2.8B in 1990 to $359.1B in 2022, reflecting its rapid economic transformation and integration into global trade. The 1990s saw significant growth, with imports increasing from $3.5B in 1993 to $11.7B in 1999, fueled by industrialization and investment-driven development.

The 2000s marked further acceleration, with imports reaching $80.7B in 2008, supported by expanding manufacturing and exports. Despite a dip during the 2009 global financial crisis, imports rebounded, peaking at $359.1B in 2022. The 2023 figure of $325.8B reflects stabilization in trade flows amid shifting global supply chain dynamics. Viet Nam’s rise underscores its growing role as a manufacturing hub and trade partner.

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