Tariff rate, applied, weighted mean, primary products in Vietnam

Vietnam: Tariff rate, applied, weighted mean, primary products was 2.0% in 2022. ◆ Volatile

Latest (2022)
2.0%
Change on year
down 19.4%
World rank
128th
of 184 countries
All-time high
28.0%
in 1999
All-time low
2.0%
in 2022
Years of data
23
1994–2022

Tariff rate, applied, weighted mean, primary products in Vietnam, 1994–2022

01020301994200820221994: 26.3 %1999: 28 %2001: 11.2 %2002: 13.1 %2003: 11.1 %2004: 10.8 %2005: 10.7 %2006: 10.3 %2007: 9.7 %2008: 4.1 %2009: 10.1 %2010: 5 %2012: 2.9 %2013: 4.1 %2014: 4.4 %2015: 4.6 %2016: 4.1 %2017: 3.6 %2018: 8.4 %2019: 2.7 %2020: 2.7 %2021: 2.5 %2022: 2 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, weighted mean, primary products in Vietnam is 2.0%, measured in 2022. That is the lowest value across all 23 years on record.

That represents a change of down 19.4% on the previous year and down 29.3% over ten years.

Over the whole period, tariff rate, applied, weighted mean, primary products in Vietnam peaked at 28.0% in 1999 and was at its lowest, 2.0%, in 2022.

That places Vietnam 128th out of 184 countries with data for 2022, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 27.1% 26.3% 28.0% 2
2000s 10.1% 4.1% 13.1% 9
2010s 4.4% 2.7% 8.4% 9
2020s 2.4% 2.0% 2.7% 3

Countries ranked near Vietnam

  1. 125 Lesotho 2.2% compare
  2. 126 Kazakhstan 2.1% compare
  3. 127 Indonesia 2.1% compare
  4. 129 China 2.0% compare
  5. 130 Ecuador 2.0% compare
  6. 131 Mauritius 1.9% 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, weighted mean, primary products in Vietnam?
Tariff rate, applied, weighted mean, primary products in Vietnam was 2.0% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, primary products recorded in Vietnam?
The highest recorded value was 28.0% in 1999.
What is the lowest tariff rate, applied, weighted mean, primary products recorded in Vietnam?
The lowest recorded value was 2.0% in 2022.
How does Vietnam rank for tariff rate, applied, weighted mean, primary products?
Vietnam ranks 128th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, primary products rising or falling in Vietnam?
Over the last ten years it is down 29.3%. The long-run trend across the full record is volatile.
Where does this Vietnam data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, primary products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tariff rate, applied, weighted mean, primary 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

Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. 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 and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).