March 2006
Viet Nam
                         
BASIC INDICATORS
Population (thousands, 2004)  82 162 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004)  45 210 Merchandise  50 44
GDP (million current PPP US$, 2004)  222 172 Commercial services 54 51
Current account balance (million US$, 2002) -  604 Merchandise excluding intra-EU trade 34 28
Trade per capita (US$, 2000-2002)   467 Commercial serv. excl. intra-EU trade 36 34
Trade to GDP ratio (2000-2002)   112.6
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100)   185 7 7 7
Exports of goods and services (volume, 1995=100)   410 17 21 17
Imports of goods and services (volume, 1995=100) ... ... 28 ...
                         
TRADE POLICY
WTO accession date Observer Contribution to WTO budget -
Trade Policy Review date - Import duties collected (%, 1998-2000):
in total tax revenue 21.7
Tariff binding coverage - to total merchandise imports 7.9
MFN tariffs Final bound Applied 2004
Simple average of ad-valorem duties Number of:
All goods -    16.8 GATS services sectors with commitments -
Agricultural goods (AOA) -    24.5 Dispute rulings (complainant - defendant) -
Non-agricultural goods -    15.7 Notifications outstanding  (CRN) -
Non ad-valorem duties (% of total tariff lines) -    0.4 Number of contingency measures in force:
Anti-dumping  -
MFN duty free imports Countervailing duties  -
Share in total imports - Safeguards  -
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  26 504 19 21 32
Merchandise imports, c.i.f. (million US$)  31 954 16 28 27
2004  a 2004  a
Share in world total exports    0.29 Share in world total imports  0.33
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products ... Agricultural products ...
Fuels and mining products ... Fuels and mining products ...
Manufactures ... Manufactures ...
  By main destination   By main origin
1. European Union (25)   19.9 1. China   12.4
2. United States   19.6 2. Japan   11.8
3. Japan   14.4 3. Taipei, Chinese   11.5
4. China   9.3 4. Singapore   11.4
5. Australia   7.1 5. Korea, Republic of   10.4
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2002   1995-2002   2001 2002
Commercial services exports (million US$)  2 948   5 4 5
Commercial services imports (million US$)  3 698   9 4 9
2002   2002
Share in world total exports   0.18   Share in world total imports 0.23
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation ...      Transportation ...
Travel ...      Travel ...
Other commercial services ...      Other commercial services ...
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 2000   727   12   715   Marks registered, 2002  1 671 ...  1 671
                         
a  Breakdowns by destination/origin refer to 2003.