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.

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

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