Viet Nam Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Viet Nam's trade openness was 174.16% in 2025, ranked 15th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1986–2025.
Overview
Viet Nam's trade openness stood at 174.16% in 2025, a rise of +0.30% from 2024. Based on recent trends, this figure is projected to reach 174.16% by 2025. Viet Nam ranked 15th globally.
Vietnam’s trade openness has risen dramatically over the 40‑year series, climbing from a low of 18.95 in 1988 to a peak of 186.68 in 2021 before settling at 174.16 in 2025, the fifteenth‑highest level worldwide. The early surge reflects the country’s shift from a closed, centrally planned economy to an export‑oriented model after the Đổi Mới reforms of 1986, while the recent plateau follows a period of robust integration into global supply chains, particularly in electronics and textiles. Compared with peers of similar rank, such as Aruba (176.85) and Libya (177.22), Vietnam’s openness remains slightly lower but firmly within the top‑tier group of highly integrated economies. The modest decline from the 2021 peak suggests that external shocks, including supply‑chain disruptions and rising protectionism, may be tempering further gains. Continued diversification of export markets and investment in high‑value industries could sustain the upward trajectory and potentially push Vietnam back toward its historic high.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 174.04% | - | - |
| 2026* trend | 174.10% | - | - |
| 2025* trend | 174.16% | - | - |
| 2025 | 174.16% | +0.30% | #15 |
| 2024 | 173.86% | +9.04% | #151 |
| 2023 | 164.82% | −18.34% | #159 |
| 2022 | 183.15% | −3.52% | #165 |
| 2021 | 186.68% | +23.43% | #174 |
| 2020 | 163.25% | −1.46% | #173 |
| 2019 | 164.70% | +0.04% | #171 |
| 2018 | 164.66% | +3.68% | #172 |
| 2017 | 160.98% | +15.57% | #170 |
| 2016 | 145.41% | +0.50% | #163 |
| 2015 | 144.91% | +9.50% | #163 |
| 2014 | 135.41% | +4.56% | #154 |
| 2013 | 130.85% | +7.62% | #148 |
| 2012 | 123.22% | −2.04% | #144 |
| 2011 | 125.26% | +11.28% | #143 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's trade openness was 174.16% in 2025. Ranked 15th globally. This represents a 0.2% increase from the previous year.
Viet Nam's trade openness peaked at 186.68% in 2021.
The lowest trade openness in Viet Nam was 18.95% in 1988.
Viet Nam ranks 15th globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Viet Nam's trade openness is projected to reach 174.16% by 2025 based on trend extrapolation.
The trade openness of Viet Nam in 2025 was 174.16%. This ranks 15th in the world.
Cite this page
@misc{historysaid_viet-nam_trade-openness,
title = {Viet Nam Trade Openness},
url = {https://historysaid.com/viet-nam/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}