High Openness
Vietnam total trade to GDP robustly rose in the last ten years to 150% in 2010 with strong export growth of 17%. Its share in the world merchandise trade, thus, surged during the period and Vietnam is among the top 50 leading exporters and importers. The proportion of processed and semi-processed continually increased.
Though imports also accelerated, Vietnam has positive import structure with 90% of the import turnover attributed to production goods.