Electronics exports reach 175 4 billion in the first nine months

Vietnam's electronics exports reached $175.4 billion in the first nine months of 2026, with analysts predicting the figure will surpass $200 billion shortly. This surge is attributed to Vietnam's increasing role in the global electronics supply chain, driven by key foreign-invested corporations like Samsung, LG, Amkor Technology, Foxconn, Luxshare, and Goertek.

Electronics exports have grown significantly since the previous year, with an average monthly turnover of nearly $20 billion. In September alone, the entire electronics industry achieved export sales of $28.73 billion, a 112.7% increase compared to September 2025. Mobile phones alone amounted to $6.17 billion, up 14.3% year-on-year.

The value of exports in the first three quarters of 2026 is estimated at $175.4 billion, with electronics and computers accounting for $123.6 billion and telephones for $51.7 billion. This represents a 59.6% and 18.8% year-on-year increase, respectively. Imports of electronics, computers, and components reached $27.1 billion in September 2026, a 93.7% increase from September 2025.

The total imports of these goods for the first nine months of the year surged to $188.9 billion, a 71.7% growth on-year. Imports of telephones and components decreased slightly by 0.8%, reaching $8.1 billion. The combined total of electronics exports and imports for the nine months exceeded $372 billion, accounting for about 42% of Vietnam's total exports and imports.

Despite this strong performance, the trade balance remains in deficit. The fourth quarter of each year is traditionally the peak export season, and with numerous business orders, it is expected that exports will continue to perform well in the coming months, potentially reaching a new peak of $235-245 billion for the entire year.