Vietnam’s exports of computers, electrical products, spare-parts, and components thereof reached an impressive US$9.15 billion in May 2025, according to figures released by Vietnam’s General Department of Customs. This marks a substantial increase of 12.36 percent compared to April, bringing the year-to-date (YTD) export value to US$38.42 billion.
USA, China, Hong Kong, and South Korea drive significant growth:
The USA continued to be the largest market, with exports surging by 18.56 percent to US$3.85 billion in May, accounting for a commanding 37.90 percent of the YTD total. Exports to China also saw a healthy increase of 10.48 percent. Hong Kong showed remarkable growth, up 38.46 percent, while South Korea increased by 22.82 percent. These four markets collectively represent a significant portion of Vietnam’s exports in this crucial sector.
Thailand, Brazil, Sweden, and emerging markets show strong momentum:
Beyond the top players, several markets demonstrated impressive month-on-month growth:
- Thailand exports surged by 65.67 percent.
- Brazil saw a strong increase of 24.97 percent.
- Sweden exports grew by 19.22 percent.
- Emerging markets like Egypt (21.39%), Peru (21.20%), Sri Lanka (88.84%), Belgium (58.96%), and Romania (55.62%) also showed significant growth, indicating diversification and new opportunities.
Notable declines in other key markets:
Conversely, several markets experienced substantial declines in May:
- Malaysia saw the largest drop of 46.09 percent.
- Turkey exports fell by 45.10 percent.
- Chile exports decreased by 35.63 percent.
- Czech Republic imports dropped by 32.65 percent.
- Colombia saw a decline of 31.29 percent.
- Philippines exports also decreased by 29.83 percent.
- Other significant drops were recorded for Saudi Arabia, Kazakhstan, and Switzerland, all by approximately 50 percent.
- Notably, Ukraine had no recorded exports in May after having some in April.
The robust growth in May, particularly driven by major markets like the USA and emerging economies, underscores the continued strength and importance of Vietnam’s electronics manufacturing and export sector despite some declines in other markets.
See also: Vietnam Electronics Manufacturing: Key Drivers, Exports & Locations
Vietnam exports of computers, electrical products, spare-parts and components thereof, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 9,153.00 | 8,146.07 | 12.36% | 38,415.02 | 100.00% |
Other | 170.27 | 183.93 | -7.43% | 0.00 | 0.00% |
USA | 3,846.47 | 3,244.28 | 18.56% | 14,559.51 | 37.90% |
China | 1,566.06 | 1,417.52 | 10.48% | 6,611.48 | 17.21% |
Hong Kong | 930.05 | 671.70 | 38.46% | 3,657.00 | 9.52% |
South Korea | 816.72 | 664.97 | 22.82% | 3,457.67 | 9.00% |
Netherlands | 191.03 | 228.11 | -16.26% | 1,206.50 | 3.14% |
Taiwan | 162.58 | 162.72 | -0.09% | 626.18 | 1.63% |
Singapore | 135.98 | 124.85 | 8.91% | 526.71 | 1.37% |
Thailand | 134.28 | 81.06 | 65.67% | 609.73 | 1.59% |
India | 132.99 | 120.15 | 10.69% | 602.25 | 1.57% |
Japan | 117.21 | 118.41 | -1.01% | 607.06 | 1.58% |
Mexico | 95.37 | 83.94 | 13.62% | 409.23 | 1.07% |
Slovakia | 73.43 | 85.96 | -14.58% | 374.57 | 0.98% |
UK | 72.58 | 69.07 | 5.07% | 385.79 | 1.00% |
Germany | 71.71 | 93.98 | -23.70% | 474.97 | 1.24% |
Malaysia | 63.83 | 118.41 | -46.09% | 367.32 | 0.96% |
Canada | 60.87 | 76.49 | -20.41% | 333.72 | 0.87% |
Poland | 57.82 | 64.65 | -10.56% | 293.75 | 0.76% |
Australia | 50.82 | 58.32 | -12.85% | 272.48 | 0.71% |
Brazil | 46.18 | 36.96 | 24.97% | 174.11 | 0.45% |
Czech Republic | 45.23 | 67.15 | -32.65% | 356.94 | 0.93% |
UAE | 41.89 | 48.72 | -14.03% | 237.62 | 0.62% |
France | 39.87 | 43.29 | -7.91% | 188.10 | 0.49% |
Hungary | 34.36 | 32.70 | 5.08% | 136.36 | 0.35% |
Indonesia | 27.66 | 34.58 | -20.00% | 121.66 | 0.32% |
Italy | 27.09 | 31.61 | -14.30% | 210.83 | 0.55% |
Spain | 19.83 | 21.16 | -6.31% | 92.65 | 0.24% |
Sweden | 14.13 | 11.85 | 19.22% | 63.65 | 0.17% |
Philippines | 13.73 | 19.57 | -29.83% | 85.09 | 0.22% |
Turkey | 13.35 | 24.31 | -45.10% | 94.58 | 0.25% |
Chile | 13.05 | 20.27 | -35.63% | 62.13 | 0.16% |
Argentina | 11.55 | 12.54 | -7.86% | 59.52 | 0.15% |
Saudi Arabia | 7.23 | 14.65 | -50.64% | 54.22 | 0.14% |
South Africa | 7.00 | 8.94 | -21.76% | 42.75 | 0.11% |
Colombia | 6.07 | 8.83 | -31.29% | 27.81 | 0.07% |
New Zealand | 5.62 | 7.57 | -25.68% | 32.30 | 0.08% |
Egypt | 4.27 | 3.51 | 21.39% | 21.39 | 0.06% |
Peru | 3.93 | 3.24 | 21.20% | 18.01 | 0.05% |
Panama | 3.20 | 3.67 | -12.66% | 16.74 | 0.04% |
Armenia | 2.97 | 2.63 | 12.96% | 17.61 | 0.05% |
Kazakhstan | 2.90 | 5.86 | -50.54% | 25.18 | 0.07% |
Switzerland | 2.14 | 4.26 | -49.86% | 19.02 | 0.05% |
Portugal | 2.01 | 2.77 | -27.37% | 13.11 | 0.03% |
Greece | 1.86 | 2.43 | -23.42% | 8.05 | 0.02% |
Sri Lanka | 1.33 | 0.70 | 88.84% | 4.62 | 0.01% |
Belgium | 1.27 | 0.80 | 58.96% | 3.54 | 0.01% |
Romania | 1.17 | 0.75 | 55.62% | 4.16 | 0.01% |
Bangladesh | 1.00 | 1.01 | -0.70% | 4.32 | 0.01% |
Russia | 0.50 | 0.55 | -9.14% | 2.85 | 0.01% |
Finland | 0.31 | 0.52 | -40.22% | 2.93 | 0.01% |
Kyrgyzstan | 0.16 | 0.00 | 0.00% | 0.40 | 0.00% |
Nigeria | 0.09 | 0.12 | -22.79% | 0.50 | 0.00% |
Ukraine | 0.00 | 0.03 | -100.00% | 0.14 | 0.00% |