Machinery exports rise to Vietnam’s second-largest export group
VOV.VN - Exports of machinery, equipment, tools and spare parts continued to post solid growth in 2025, officially overtaking mobile phones to become Vietnam’s second-largest export group, behind computers, electronics and components.
According to the Ministry of Industry and Trade, exports of this product group reached US$53.4 billion during the past 11 months of 2025, up 11.6% year on year.
As of mid-December, cumulative export turnover had reached US$55.9 billion, indicating sustained momentum toward the end of the year.
A key factor behind this performance has been the effective use of preferential certificates of origin (C/Os), enabling exporters to expand market access, reduce tariff costs and integrate more deeply into regional and global supply chains. During the 11-month period, exports of machinery and equipment utilising preferential C/Os totalled US$10.4 billion, underscoring the growing role of free trade agreements (FTAs) in strengthening the competitiveness of Vietnam’s core industrial exports.
Exports to the European Union under the EU-Vietnam Free Trade Agreement (EVFTA) surpassed US$1 billion, highlighting the increasing ability of Vietnamese machinery products to meet stringent requirements on technical standards, quality and rules of origin. Within the region, agreements such as the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) and the Regional Comprehensive Economic Partnership (RCEP) have also been effectively utilized, with Australia, New Zealand, India and the Republic of Korea (RoK) remaining important markets for Vietnamese machinery and equipment.
The expansion of machinery exports is closely linked to efforts to raise industrial content within Vietnam’s export structure. Beyond reducing costs, the use of preferential trade agreements has encouraged greater investment in technology, component manufacturing and localisation, thereby contributing to Vietnam’s higher position in global value chains.
RoK boosts agricultural equipment exports to Vietnam
VOV.VN - The Republic of Korea (RoK)’s Ministry of Agriculture, Food and Rural Affairs (MAFRA) is set to dispatch a delegation of 15 Korean companies, specialising in exporting agricultural equipment, to the nation from August 26 to August 31 as part of efforts to promote their products.
