Vietnam’s electronics imports, excluding phones, totalled US$9.71 billion in September, marking a slight decrease of 1.06 percent compared to August, according to data from Vietnam’s General Department of Customs. The year-to-date value for electronics imports now stands at approximately US$79.81 billion, underscoring the country’s reliance on imported electronics to meet industrial demand.
Key takeaways:
- China remains Vietnam’s largest source of electronics, with imports valued at US$3.11 billion in September. However, this represents a 5.28 percent drop from August, reflecting a possible shift or seasonal adjustment in import volumes.
- South Korea follows closely, with imports rising by 3.3 percent month-over-month to US$2.89 billion, bringing its YTD total to US$23.49 billion.
- Taiwan also saw an increase in exports to Vietnam, with a 5.34 percent rise to US$1.37 billion in September.
- The USA posted one of the most significant monthly increases, with imports surging by 21.56 percent to US$480.87 million, bringing the YTD total from the USA to US$3.20 billion. This growth suggests strengthening trade ties or heightened demand for specific US-made electronics.
See also: Vietnam Electronics Manufacturing: Industry Overview
Vietnam electronics imports (ex. phones) by source, September 2024, US$
| September | August | Change | YTD | |
| Total | 9,707,688,278 | 9,811,965,038 | -1.06% | 79,115,830,933 |
| China | 3,106,188,983 | 3,279,390,143 | -5.28% | 25,794,361,002 |
| South Korea | 2,887,511,171 | 2,795,346,459 | 3.30% | 23,485,157,439 |
| Taiwan | 1,373,989,714 | 1,304,323,455 | 5.34% | 10,021,969,859 |
| USA | 480,866,989 | 395,591,624 | 21.56% | 3,198,998,511 |
| Japan | 477,788,365 | 548,851,764 | -12.95% | 5,297,774,700 |
| Ireland | 268,561,718 | 270,986,695 | -0.89% | 2,524,440,245 |
| Israel | 225,805,881 | 180,880,078 | 24.84% | 1,556,879,134 |
| Malaysia | 205,240,552 | 241,310,841 | -14.95% | 1,642,160,015 |
| Philippines | 133,806,711 | 139,037,047 | -3.76% | 1,171,612,374 |
| Thailand | 97,431,334 | 102,121,343 | -4.59% | 898,553,231 |
| Other | 450,496,860 | 554,125,589 | -18.70% | 3,523,924,423 |
Source: Vietnam Imports Tracker