Exports plus imports relative to GDP, with component ratios; % of GDP, 2024.
Vietnam’s exports of goods and services equalled 90.17% of GDP in 2024, while imports equalled 83.72%. Adding the two ratios gives a trade-openness measure of 173.89% of GDP. Exports exceeded imports by 6.45 percentage points of GDP. Because exports and imports are gross flows, the 173.89% measure is not a part-to-whole composition.
| Rank | Entry | Value | Period |
|---|---|---|---|
| 1 | Trade openness | 173.89% | 2024 |
| 2 | Exports | 90.17% | 2024 |
| 3 | Imports | 83.72% | 2024 |
Source 1: Trade openness components
Publisher: World Bank WDI
Dataset/table: World Development Indicators — Trade openness components
Units: percent of GDP
Date checked: 2026-07-18
Evidence: Supports the 2024 values used for Vietnam trade openness in Vietnam.
The combined trade-to-GDP ratio is an openness indicator and can exceed 100%. It is not a composition of GDP.
Matched 2024 World Bank export-to-GDP and import-to-GDP ratios are added to calculate trade openness. The export-minus-import difference is also calculated as a percentage-point support metric.
Both component ratios use Vietnam’s 2024 GDP denominator and World Bank World Development Indicators source family.
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