First-half exports to RoK cross over US$15.8bn on strong electronics demand

VOV.VN - Exports to the Republic of Korea (RoK) reached US$15.86 billion in the first half of 2026, up more than 15% year-on-year, according to the Ministry of Industry and Trade's Industry and Trade Information Center.

The growth shows a strong recovery in consumer demand and industrial production, reinforcing the RoK’s standing as a key trading partner.

Electronics and high-tech components spearheaded the surge. Shipments of phones and spare parts jumped 77.37% to over US$3.18 billion, accounting for 20.05% of total exports. The sharp rise follows multinational corporations expanding supply chains and ramping up production of next-generation devices in Vietnam.

Computers, electronic products, and components retained the top spot, generating more than US$4.55 billion, or 28.72% of total exports, up 10.56% year-on-year. Machinery, equipment, and tools also grew 3.65% to nearly US$1.55 billion.

In contrast, traditional industrial sectors faced headwinds from sluggish retail demand and intense price competition. Textiles and garments contracted 7.9% to US$1.23 billion, while wood and wooden products dropped 8.47% to US$339.28 million.

Shipments of primary commodities also retreated amid global price fluctuations and supply adjustments, with iron and steel plunging 50.72%, coffee down 37.99%, and pepper falling 37.48%.

Exports to the RoK are projected to maintain positive momentum through late 2026 and potentially hit a record high, buoyed by the year-end electronics consumption cycle.

While tech products and machinery will remain the primary growth drivers, textiles and agricultural goods are expected to post a mild recovery during peak holiday shopping.

However, exporters must meet strict technical standards and green consumption trends in the RoK to sustain long-term competitiveness.

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VOV.VN - Vietnam raked in approximately US$74 billion from the export of phones, computers, and components in the first half of the year, increasing by more than US$10 billion compared to the same period in 2024.

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