Vietnam: Terms of trade

* indicates monthly or quarterly data series
 Vietnam

Terms of trade, base year = 2000

 Latest value 101.68
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average 91.85
 Min - Max 72.13 - 105.05
 Source The United Nations
For that indicator, we provide data for Vietnam from 2000 to 2021. The average value for Vietnam during that period was 91.85 percent with a minimum of 72.13 percent in 2001 and a maximum of 105.05 percent in 2019. The latest value from 2021 is 101.68 percent. For comparison, the world average in 2021 based on 189 countries is 109.62 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Vietnam - Terms of trade - recent values

Historical chart
Vietnam - Terms of trade - historical chart - 2000-2021




The terms of trade for Vietnam are calculated as the value of its exports as percent of the value of its imports. An increase in the terms of trade means that the value of exports is increasing relative to the value of imports. The country can afford to buy more imports with the revenue from its exports. For example, an increase in the price of oil increases (improves) the terms of trade for the oil-exporting countries and lowers it for the other countries.
Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.


 Related indicators Latest value Reference Measure
 Terms of trade 101.68 2021 percent
 Trade openness 185.73 2022 percent
 Financial openness -0.166 2021 index points
 Exports, percent of GDP 93.99 2022 percent
 Exports, billion dollars 384.22 2022 billion U.S. dollars
 Growth of exports 5.72 2022 percent
 Imports, percent of GDP 91.74 2022 percent
 Imports, billion dollars 375.05 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.38 2022 percent
 Foreign Direct Investment, billion dollars 17.90 2022 billion U.S. dollars
 Portfolio investment inflows, equities 252.00 2014 million dollars (current)
 Current account, percent of GDP -1.50 2022 percent
 Current account, in dollars -1.07 2022 billion U.S. dollars
 Trade balance, percent of GDP 2.24 2022 percent
 Trade balance, in dollars 13.09 2022 billion U.S. dollars
 Reserves 86.54 2022 billion U.S. dollars
 Remittances, percent of GDP 3.22 2022 percent
 Remittances 13,150.61 2022 million U.S. dollars
 Net errors and omissions -31,141.00 2022 million USD
 External debt 37.70 2022 percent
 Short-term external debt 26.03 2022 percent
 Short-term debt to reserves 44.09 2022 percent
This site uses cookies.
Learn more here


OK