Vietnam’s exports of computers, electronics, and components: A key driver of the country’s economic growth
Preliminary statistics from the General Department of Vietnam Customs reveal that exports of computers, electronic products, and components from Vietnam generated over $9 billion in revenue in July, a slight decrease from the previous month. For the first seven months of 2025, this category accounted for $56.7 billion, marking a nearly 42% increase compared to the same period last year.
Computers, electronic products, and components remain Vietnam’s largest export category, accounting for 21.6% of the country’s total export turnover. This category also significantly outperforms other major export sectors.
The growth is largely attributed to the United States, which remains Vietnam’s largest export market. In the first seven months of 2025, exports to the US reached $22.2 billion, a remarkable 68% increase compared to 2024. Computers and electronics also constitute the largest export category to the US, accounting for over 26% of total exports to this market.
Vietnam’s goods export to the US during the first seven months of 2025 surpassed $85 billion, with a trade surplus of $74.6 billion. This indicates a positive growth in Vietnam’s goods export to the US, particularly after the reduction of retaliatory tariffs imposed by President Donald Trump to 20%.
Vietnam’s electronics industry: A global competitive edge
According to the White House and US Customs, Vietnam’s electronics sector faces a 9.1% tax rate, compared to the global average of 10.2%, giving the country a significant competitive advantage in the world market.
High-tech products, including consumer electronics and smartphones, along with garments and footwear, account for over half of Vietnam’s exports to the US. The remaining exports consist of furniture, agricultural products, and other goods.
The outlook for the electronics industry’s export growth, including computers and components, is increasingly positive as Vietnam has become a preferred investment destination for global technology giants. Major players such as Samsung, LG, Foxconn, Fukang Technology, Canon, Intel, Compal, Pegatron, and Luxshare have already established a strong presence in Vietnam with billion-dollar factories, enhancing the country’s production capacity and positioning it as a crucial link in the global value chain of this industry.
Economic experts predict a sustained positive trajectory for production and exports, evident from the foreign currency spending on importing machinery, equipment, and key export commodities. Additionally, maintaining the current level of export orders in the electronics sector could propel imports of computers, electronic products, and components beyond the $100 billion mark.
