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Viet Nam: Trade Profile
October 2010
Viet Nam
             
BASIC INDICATORS
Population (thousands, 2009) 87 280Rank in world trade, 2009ExportsImports
GDP (million current US$, 2009) 91 854Merchandise 4035
GDP (million current PPP US$, 2009) 258 096excluding intra-EU trade2623
Current account balance (million US$, 2008)- 10 706Commercial services6060
Trade per capita (US$, 2007-2009) 1 581excluding intra-EU trade3841
Trade to GDP ratio (2007-2009)  161.3
Annual percentage change
2009  2000-200920082009
Real GDP (2000=100)  189765
Exports of goods and services (volume, 2000=100)  21395-12
Imports of goods and services (volume, 2000=100)  261118-11
             
TRADE POLICY
WTO accession11 January 2007Contribution to WTO budget (%, 2010)0.324
Trade Policy Review...Import duties collected
GPA accession -in total tax revenue...
Tariffs and duty free importsto total imports...
Tariff binding coverage (%)   100Number of notifications to WTO and measures in force 
MFN tariffsFinal boundApplied 2009Outstanding notifications in WTO Central Registry  29
Simple average of import dutiesGoods RTAs - services EIAs notified to WTO8 - 4
All goods  11.4  10.9Anti-dumping (30 June 2009)...
Agricultural goods (AOA)  18.5  18.9Countervailing duties (30 June 2009)...
Non-agricultural goods  10.4  9.7Safeguards (19 October 2009)  0
Non ad-valorem duties (% total tariff lines)  0.0  0.5Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008)Requests for consultation1 - 0
in agricultural goods (AOA)  36.4Original panel / Appellate Body (AB) reports0 - 0
in non-agricultural goods  44.6Compliance panel / AB reports (Article 21.5 DSU)0 - 0
Services sectors with GATS commitments  105Arbitration awards (Article 22.6 DSU)0 - 0
             
MERCHANDISE TRADE ValueAnnual percentage change
2009  2000-200920082009
Merchandise exports, f.o.b. (million US$) 57 0961629-9
Merchandise imports, c.i.f. (million US$) 69 9491829-13
2009  a2009  a
Share in world total exports   0.46Share in world total imports 0.55
Breakdown in economy's total exportsBreakdown in economy's total imports
  By main commodity group (ITS)  By main commodity group (ITS)
Agricultural products  18.7Agricultural products13.2
Fuels and mining products  16.0Fuels and mining products13.2
Manufactures  64.6Manufactures72.2
  By main destination  By main origin
1. United States  19.01. China  19.8
2. European Union (27)  17.42. Singapore  11.6
3. Japan  13.53. Taipei, Chinese  10.4
4. China  7.74. Japan  10.2
5. Australia  6.95. Korea, Republic of  9.0
             
COMMERCIAL SERVICES TRADE ValueAnnual percentage change
2009  2000-2009 20082009
Commercial services exports (million US$) 5 666  98-19
Commercial services imports (million US$) 6 759  810-14
2009  2009
Share in world total exports  0.17  Share in world total imports0.22
Breakdown in economy's total exportsBreakdown in economy's total imports
  By principal services item  By principal services item
Transportation  36.4  Transportation63.2
Travel  53.8  Travel16.3
Other commercial services  9.8  Other commercial services20.5
             
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2000Trademark registrations by office, 2008
ResidentsNon-residents Total Direct residentsDirect non-residentsMadrid Total 
  12  715  727...... 4 391 4 391
             
a  Breakdowns by destination/origin refer to 2008.
Source WTO
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