Latest reading: Merchandise exports increased 0.6% over the same month last year in March (February: +13.7% year-on-year). March’s outturn marked...
Merchandise Imports in Vietnam
In the year 2024, the merchandise imports in Vietnam was USD 361.9 billion, compared to USD 138.1 billion in 2014 and USD 310.7 billion in 2023. It averaged USD 247.2 billion over the last decade. For more imports information, visit our dedicated page.
Vietnam Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Vietnam from 2014 to 2024.
Source: Macrobond.
Vietnam Merchandise Imports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 252 | 320 | 342 | 311 | 362 |
| Merchandise Imports (ann. var. %) | 3.7 | 27.2 | 6.8 | -9.2 | 16.5 |
Merchandise exports accelerate in April
Latest reading: Merchandise exports jumped to 20.6% in annual terms in April (March: +14.4% yoy), well above market expectations. Meanwhile, merchandise imports shot up 23.0% over the same month last year in April (March: +19.4% yoy). As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 0.6 billion surplus in April (March 2025: USD 1.6 billion surplus; April 2024: USD 1.1 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 18.7 billion surplus in April, compared to the USD 19.2 billion surplus in March.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Vietnamese merchandise imports projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Vietnamese merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Vietnamese merchandise imports projections.
Want to get access to the full dataset of Vietnamese merchandise imports forecasts? Send an email to info@focus-economics.com.
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