According to the latest data from the National Statistics Office under the Ministry of Finance, exports reached US$82.56 billion, including nearly US$56.2 billion from electronics, computers and components and US$26.37 billion from phones and components. Imports of electronics, computers and components rose 57.1% year-on-year to US$88.2 billion. As a result, the sector recorded a trade deficit of about US$5.6 billion.

The Vietnam Electronic Industries Association (VEIA) reported that the current trade deficit is not considered a concern because the electronics industry typically experiences a time lag between the import of components and the export of finished products. Companies usually import components, semi-finished products and production equipment two to four months before products are assembled and exported.

VEIA said the electronics industry often runs trade deficits in the early months of the year before shifting to a trade surplus when export orders enter their peak season.

In 2025, Vietnam's electronics exports hit close to US$165 billion. Exports of computers, electronics and components surpassed US$100 billion for the first time, becoming the major driver of trade growth.

Based on current production activities and orders, VEIA assessed that the export outlook for Vietnam's electronics industry in 2026 remains positive. With strong growth in computers and components since the beginning of the year, a new record is entirely achievable this year if current order trends are maintained.

According to VEIA, supply chain diversification under the “China + 1” model, together with the implementation of new-generation free trade agreements, is creating substantial room for growth for businesses in Vietnam. Many technology corporations are expanding production in the country while seeking capable domestic suppliers to participate more deeply in the value chain.

Electronics exports soar as United States becomes Vietnam’s top market

VOV.VN - Vietnam’s electronics exports have maintained strong momentum in the first ten months of the year, making a significant contribution to the country’s trade growth and achieving a major breakthrough in the US market.