Commercial service exports in Vietnam

Vietnam: Commercial service exports was 25.02 billion current US$ in 2024. ◆ Volatile

Latest (2024)
25.02 billion current US$
Change on year
up 23.5%
World rank
46th
of 198 countries
All-time high
25.02 billion current US$
in 2024
All-time low
2.24 billion current US$
in 1996
Years of data
29
1996–2024

Commercial service exports in Vietnam, 1996–2024

05.0B10.0B15.0B20.0B25.0B1996201020241996: 2.2B current US$1997: 2.5B current US$1998: 2.6B current US$1999: 2.5B current US$2000: 2.7B current US$2001: 2.8B current US$2002: 2.9B current US$2003: 3.3B current US$2004: 3.9B current US$2005: 4.2B current US$2006: 5.1B current US$2007: 6.0B current US$2008: 7.0B current US$2009: 5.8B current US$2010: 7.5B current US$2011: 8.9B current US$2012: 9.6B current US$2013: 10.7B current US$2014: 11.0B current US$2015: 11.2B current US$2016: 12.5B current US$2017: 13.1B current US$2018: 14.8B current US$2019: 16.6B current US$2020: 7.6B current US$2021: 4.2B current US$2022: 13.5B current US$2023: 20.3B current US$2024: 25.0B current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2024, commercial service exports in Vietnam stood at 25.02 billion current US$. That is the highest value across all 29 years on record.

The figure is up 23.5% on the previous year and up 128.1% over ten years.

Over the whole period, commercial service exports in Vietnam peaked at 25.02 billion current US$ in 2024 and was at its lowest, 2.24 billion current US$, in 1996.

Vietnam ranks 46th of 198 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.47 billion current US$ 2.24 billion current US$ 2.62 billion current US$ 4
2000s 4.37 billion current US$ 2.70 billion current US$ 7.01 billion current US$ 10
2010s 11.59 billion current US$ 7.46 billion current US$ 16.64 billion current US$ 10
2020s 14.12 billion current US$ 4.21 billion current US$ 25.02 billion current US$ 5

Countries ranked near Vietnam

  1. 43 Egypt 33.52 billion current US$ compare
  2. 44 Morocco 32.92 billion current US$ compare
  3. 45 Lithuania 28.75 billion current US$ compare
  4. 47 Malta 25.00 billion current US$ compare
  5. 48 Croatia 24.77 billion current US$ compare
  6. 49 Qatar 23.64 billion current US$ compare

See the full ranking of 244 places →

More private sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is commercial service exports in Vietnam?
Commercial service exports in Vietnam was 25.02 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Vietnam?
The highest recorded value was 25.02 billion current US$ in 2024.
What is the lowest commercial service exports recorded in Vietnam?
The lowest recorded value was 2.24 billion current US$ in 1996.
How does Vietnam rank for commercial service exports?
Vietnam ranks 46th out of 198 countries with data for 2024.
Is commercial service exports rising or falling in Vietnam?
Over the last ten years it is up 128.1%. The long-run trend across the full record is volatile.
Where does this Vietnam data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,727 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.