Vietnam’s Export Milestone: First Product Group Surpasses $100 Billion Mark

As of December 15th, Vietnam’s exports of computers, electronic products, and components reached a record-breaking $101.9 billion. This marks the first time a Vietnamese product group has surpassed the $100 billion milestone.

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According to the latest statistics released by the Customs Authority, Vietnam’s export turnover reached nearly $21 billion in the first half of December. This brings the total export value from the beginning of the year to December 15 to an impressive $451.8 billion, marking a significant increase compared to the same period last year. Vietnam is now on the cusp of achieving new trade milestones.

Leading the export structure is the computer, electronic products, and components sector. In just the first half of December, this category generated nearly $5 billion, with the total for the year surpassing $101.9 billion. This marks the first time a Vietnamese export group has crossed the $100 billion threshold. This remarkable achievement not only underscores the electronics industry’s pivotal role in Vietnam’s exports but also highlights the country’s growing importance in the global supply chain as a key manufacturing and assembly hub.

In second place for December’s export turnover is the telephone and component sector, with nearly $2 billion in the first half of the month and approximately $54.6 billion year-to-date. While growth has stabilized compared to previous years, this sector remains a cornerstone of Vietnam’s exports, consistently contributing to the trade balance and providing employment for hundreds of thousands of workers.

The surge in exports of computer, electronic products, and components underscores Vietnam’s emergence as a vital manufacturing and assembly center.

Alongside electronics, machinery, equipment, tools, and spare parts continue to play a crucial role, with over $2.4 billion in exports during the period, bringing the year-to-date total to $55.9 billion. This sector reflects the trend toward higher industrial content in exports, driven by the expansion of manufacturing complexes, industrial zones, and high-quality foreign investment.

In the traditional manufacturing sector, the textile and garment industry demonstrates remarkable resilience, with exports reaching $37.6 billion year-to-date. Amid global market volatility, this performance highlights Vietnamese textile enterprises’ adaptability, shifting toward high-value products that meet green standards and traceability requirements.

Footwear maintains its position as a major export category, with a year-to-date turnover of $23.1 billion. Additionally, the handbag, suitcase, hat, and umbrella sector has rebounded strongly, achieving over $4.3 billion in exports, indicating a recovery in consumer goods exports to key markets like the U.S. and EU.

In the agricultural, forestry, and fishery sectors, traditional commodities maintain significant export volumes. Coffee exports exceed $8.3 billion, fruits and vegetables surpass $8.1 billion, and rice approaches the $4 billion mark. Despite uneven growth rates across products, the agricultural sector remains vital for diversifying Vietnam’s export structure.

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