Vietnam - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Vietnam was 47.10 as of 2020. Its highest value over the past 60 years was 100.00 in 1973, while its lowest value was 13.28 in 1987.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 86.98
1961 87.62
1962 89.05
1963 98.50
1964 100.00
1965 100.00
1966 100.00
1967 100.00
1968 100.00
1969 100.00
1970 100.00
1971 100.00
1972 89.76
1973 100.00
1981 95.26
1982 90.37
1983 94.66
1984 86.18
1985 17.01
1986 15.85
1987 13.28
1988 15.07
1989 13.64
1990 46.66
1991 65.67
1992 60.39
1993 74.44
1994 68.32
1995 71.99
1996 78.82
1997 79.54
1998 79.04
1999 77.03
2000 74.45
2001 72.84
2002 70.01
2003 68.09
2004 65.72
2005 63.95
2006 63.74
2007 60.82
2008 60.20
2009 53.67
2010 54.92
2011 56.88
2012 56.74
2013 53.98
2014 51.54
2015 47.82
2016 48.79
2017 50.12
2018 53.68
2019 52.02
2020 47.10

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports