Tariff rate, applied, simple mean, all products in Vietnam

Vietnam: Tariff rate, applied, simple mean, all products was 3.7% in 2022. ▼ Falling

Latest (2022)
3.7%
Change on year
down 12.1%
World rank
118th
of 184 countries
All-time high
13.8%
in 2001
All-time low
3.7%
in 2022
Years of data
23
1994–2022

Tariff rate, applied, simple mean, all products in Vietnam, 1994–2022

2.557.51012.5151994200820221994: 10.1 %1999: 12.3 %2001: 13.8 %2002: 13.4 %2003: 12.7 %2004: 12.5 %2005: 11.8 %2006: 11.9 %2007: 12.1 %2008: 8 %2009: 8 %2010: 7.3 %2012: 7.1 %2013: 6.7 %2014: 6.6 %2015: 6.2 %2016: 6.4 %2017: 6.5 %2018: 6.7 %2019: 5.7 %2020: 5.6 %2021: 4.2 %2022: 3.7 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, simple mean, all products in Vietnam is 3.7%, measured in 2022. That is the lowest value across all 23 years on record.

The figure is down 12.1% on the previous year and down 47.9% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Vietnam peaked at 13.8% in 2001 and was at its lowest, 3.7%, in 2022.

That places Vietnam 118th out of 184 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.2% 10.1% 12.3% 2
2000s 11.6% 8.0% 13.8% 9
2010s 6.6% 5.7% 7.3% 9
2020s 4.5% 3.7% 5.6% 3

Countries ranked near Vietnam

  1. 115 United Arab Emirates 4.1% compare
  2. 116 Qatar 4.0% compare
  3. 117 Philippines 3.9% compare
  4. 119 Bahrain 3.6% compare
  5. 119 North Macedonia 3.6% compare
  6. 121 Colombia 3.5% compare

See the full ranking of 185 places →

More private sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Vietnam?
Tariff rate, applied, simple mean, all products in Vietnam was 3.7% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Vietnam?
The highest recorded value was 13.8% in 2001.
What is the lowest tariff rate, applied, simple mean, all products recorded in Vietnam?
The lowest recorded value was 3.7% in 2022.
How does Vietnam rank for tariff rate, applied, simple mean, all products?
Vietnam ranks 118th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Vietnam?
Over the last ten years it is down 47.9%. The long-run trend across the full record is falling.
Where does this Vietnam data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, simple mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.