Vietnam’s exports of computers, electrical products, spare parts, and components fell in October 2024, with the export value reaching US$5.91 billion. This marks a 7.2 percent decline compared to September, when the sector generated US$6.36 billion, according to Vietnam’s General Department of Customs
However, year-to-date figures reveal robust growth. From January to October, exports in this category totalled US$58.67 billion, a 26.1 percent increase compared to the same period in 2023.
The year-to-date rise highlights Vietnam’s increasing competitiveness in the global electronics market, driven by strong manufacturing capacity and diversified product offerings. While October’s decline signals a temporary setback, the overall growth trend underscores the sector’s critical role in Vietnam’s export portfolio and its potential for continued expansion.
See also: Electronics Manufacturing in Vietnam
Vietnam’s computers, electrical products, spare parts, and components, October vs. September 2024
October | September | MoM | YTD | |
Total | 5,905,297,706 | 6,361,593,252 | -7.17% | 58,666,216,701 |
Other | 174,599,307 | 156,108,249 | 11.85% | 1,511,163,901 |
United States of America | 1,811,345,928 | 1,810,488,875 | 0.05% | 19,127,384,783 |
China | 813,005,987 | 1,242,744,576 | -34.58% | 9,907,862,249 |
HongKong | 613,560,305 | 846,398,142 | -27.51% | 6,741,478,378 |
South Korea | 499,161,131 | 529,873,945 | -5.80% | 4,525,869,106 |
Netherlands | 370,187,363 | 292,949,425 | 26.37% | 2,734,330,121 |
India | 114,550,329 | 107,246,817 | 6.81% | 1,299,237,383 |
Japan | 136,843,394 | 114,786,058 | 19.22% | 1,187,170,725 |
Taiwan | 105,519,822 | 115,244,333 | -8.44% | 1,074,866,232 |
Slovakia (Slovak Rep.) | 65,982,764 | 74,754,991 | -11.73% | 877,154,639 |
Singapore | 97,873,357 | 101,540,439 | -3.61% | 871,985,863 |
Germany | 101,014,814 | 108,253,951 | -6.69% | 844,782,850 |
United Kingdom | 109,255,194 | 72,176,305 | 51.37% | 678,286,344 |
Thailand | 66,814,448 | 86,520,805 | -22.78% | 650,324,847 |
Mexico | 78,229,496 | 47,507,663 | 64.67% | 645,929,993 |
Canada | 61,115,331 | 51,984,532 | 17.56% | 589,095,101 |
Poland | 56,960,468 | 66,620,542 | -14.50% | 549,544,491 |
Czech Republic | 106,789,519 | 67,319,697 | 58.63% | 543,951,694 |
Australia | 58,354,657 | 68,659,796 | -15.01% | 542,875,635 |
Malaysia | 56,946,660 | 56,887,527 | 0.10% | 521,227,984 |
Italy | 69,732,692 | 48,445,597 | 43.94% | 467,420,101 |
United Arab Emirates | 56,351,326 | 35,840,718 | 57.23% | 413,239,746 |
Hungary | 28,724,071 | 26,092,596 | 10.09% | 322,636,164 |
Brazil | 36,395,343 | 24,106,769 | 50.98% | 288,718,934 |
France | 28,271,837 | 27,653,411 | 2.24% | 225,773,069 |
Turkey | 42,194,567 | 38,125,130 | 10.67% | 221,838,419 |
Indonesia | 17,359,423 | 19,008,795 | -8.68% | 206,414,847 |
Philippines | 20,781,185 | 16,458,632 | 26.26% | 156,376,053 |
Spain | 18,860,582 | 12,812,450 | 47.21% | 137,963,863 |
Saudi Arabia | 13,432,827 | 13,414,818 | 0.13% | 86,374,768 |
South Africa | 5,976,719 | 7,408,548 | -19.33% | 83,477,238 |
Sweden | 8,560,868 | 9,192,892 | -6.88% | 82,125,352 |
Chile | 6,498,574 | 7,254,193 | -10.42% | 81,657,465 |
New Zealand | 9,581,122 | 7,335,766 | 30.61% | 62,404,370 |
Argentina | 7,207,736 | 11,236,773 | -35.86% | 55,593,174 |
Kazakhstan | 2,847,371 | 10,253,484 | -72.23% | 51,339,067 |
Egypt | 2,224,185 | 3,320,339 | -33.01% | 47,203,027 |
Panama | 5,096,232 | 4,780,664 | 6.60% | 40,007,720 |
Colombia | 3,200,063 | 3,090,151 | 3.56% | 36,960,661 |
Switzerland | 4,845,442 | 2,613,216 | 85.42% | 33,300,534 |
Peru | 4,519,647 | 2,616,306 | 72.75% | 32,035,467 |
Portugal | 1,178,022 | 2,639,244 | -55.37% | 21,527,054 |
Armenia | 4,222,958 | 4,268,587 | -1.07% | 21,124,739 |
Russia | 1,057,721 | 555,756 | 90.32% | 16,063,419 |
Belgium | 2,248,315 | 949,519 | 136.78% | 12,840,314 |
Greece | 782,204 | 1,211,559 | -35.44% | 9,054,674 |
Romania | 994,827 | 692,046 | 43.75% | 7,592,308 |
Bangladesh | 1,141,540 | 723,901 | 57.69% | 7,199,257 |
Sri Lanka | 539,791 | 447,188 | 20.71% | 3,512,856 |
Nigeria | 144,793 | 170,785 | -15.22% | 3,279,394 |
Finland | 1,278,874 | 325,589 | 292.79% | 3,257,289 |
Kyrgyzstan | 836,690 | 400,066 | 109.14% | 2,540,866 |
Ukraine | 99,885 | 81,096 | 23.17% | 842,173 |