Electronics exports hit US$207 billion in first 10 months

VOV.VN - Vietnam's exports of computers, electronic products and components, as well as phones and components, totaled US$207 billion in the first 10 months of 2026, about US$42.5 billion more than the full-year figure recorded in 2025.

Preliminary data from the Vietnam Customs show that exports of the two electronic product groups generated US$207 billion in the January-October period. Computers, electronic products and components accounted for US$149.4 billion, up 71% year on year, while exports of phones and components reached US$57.6 billion, an increase of 18.4%.

In October alone, exports of computers, electronic products and components were high at US$25.68 billion, up 13.8% from the previous month. Meanwhile, exports of phones and components stood at US$5.84 billion, down 5.4% month on month.

On the import side, imports of the products edged down 3.2% from September to US$26.28 billion in October. Nevertheless, cumulative imports of these items climbed to US$215.25 billion in the first 10 months, up 74.4% year on year.

Imports of phones and components totaled US$1.13 billion in October, down 9.2% from the previous month. For the January–October period, imports of the products amounted to US$9.264 billion, a 1.6% decline from a year earlier.

Combined imports of computers, electronic products and components, and phones and components reached approximately US$224.5 billion in the 10-month period, resulting in a trade deficit of around US$17.5 billion for the two product groups.

Total two-way trade in the two electronic product groups reached approximately US$431.5 billion during the period, accounting for 42.7% of Vietnam's overall import-export turnover of US$1,010.5 billion.

Exports of electronics and components are likely to maintain their growth momentum in the final two months of 2026, supported by two main factors. Global demand for memory products and their prices remain high, while rising domestic production is providing additional supplies to meet year-end orders. In the first 10 months, domestic output of laptops and tablets increased by 25.86% and 36.61%, respectively.

If exports maintain the pace recorded in September and October, Vietnam could surpass US$260 billion in annual export turnover from these two product groups. Even under a slower-growth scenario, the figure could still reach US$250 billion.

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