Vietnam Electronics Exports 2025: Data, HS Codes, Markets & Outlook

Vietnam has rapidly transformed itself into one of the most important electronics manufacturing and export hubs in the world. Once known primarily for agriculture and textiles, the country is now a critical pillar of the global electronics supply chain. According toVietnam electronics export data, the countrys electronics exports reached$126.5 billion in 2024, accounting for more than33% of total Vietnam exports valued at $403 billion. This remarkable growth places Vietnam among thetop four electronics exporters globally, reflecting its rising importance in international trade.

Driven by strong foreign direct investment (FDI), global supply chain realignments, and favorable trade agreements, Vietnams electronics sector continues to expand in scale and sophistication. In the first quarter of 2025 alone, electronics and computer exports totaled$29.26 billion, underlining strong momentum for the year ahead. While sectors such asVietnam furniture exportcontinue to play a vital role in diversifying export earnings, electronics has clearly emerged as the countrys flagship industry.

The Rise of Vietnam as a Global Electronics Powerhouse

Vietnams ascent in electronics manufacturing is no accident. Multinational corporations includingSamsung, Intel, LG, Foxconn, Pegatron, and Luxsharehave invested billions of dollars in large-scale manufacturing facilities across the country. Samsung alone accounts for nearly60% of its global smartphone productionfrom Vietnam, exporting devices worldwide.

According tovietnam export customs data, electronics shipments now dominate the countrys export portfolio, surpassing traditional sectors such as garments, footwear, and even Vietnam furniture export, which remains a strong but secondary contributor. The diversification of Vietnams export basket highlights the countrys strategic shift toward higher-value manufacturing.

Global trade disruptions, particularly the USChina trade war, accelerated the China-plus-one strategy, encouraging companies to move production to Vietnam. Political stability, competitive labor costs, and an expanding industrial ecosystem further strengthened Vietnams appeal.

Vietnam Electronics Export Performance: 20242025 Snapshot

Based on Vietnam electronics export data and customs statistics:

• Total electronics exports (2024):$126.5 billion

• Projected exports (2025):$140145 billion

• Electronics share of Vietnam exports:~33%

• Top products:Phones, computers, integrated circuits, components

Electronics components alone generated$72.56 billion, recording a robust26.6% year-on-year growth, while phones and components contributed$53.9 billion. In contrast, traditional sectors such as Vietnam furniture export continue to grow steadily but at a slower pace, reinforcing electronics as Vietnams primary export engine.

Vietnam Electronics Exports by HS Code: Top Products

Analyzing Vietnam electronics exports by HS code provides valuable insight into product specialization and value addition. UnderHS Chapter 85, the top electronic exports for 202425 include:

1. Telephones & Smartphones (HS 8517) $78.5 Billion

Accounting for over21% of total exports, smartphones dominate Vietnams electronics trade. Global demand, coupled with large-scale manufacturing by Samsung and Apple suppliers, has cemented Vietnams leadership in this category.

2. Electronic Integrated Circuits (HS 8542) $13.25 Billion

Integrated circuits are critical to modern electronics. Vietnams growing semiconductor footprint reflects increasing technological capability and strategic investment.

3. Semiconductor Devices (HS 8541) $7.53 Billion

This category highlights Vietnams deeper integration into the semiconductor value chain, an area policymakers aim to expand further.

4. Insulated Wires & Cables (HS 8544) $6.25 Billion

Used extensively in power, telecom, and infrastructure projects, these exports complement Vietnams industrial growth.

5. Monitors & Projectors (HS 8528) $5.64 Billion

Other key exports include transmission apparatus, electrical transformers, flat panel display parts, microphones, loudspeakers, and electric accumulators. Together, these categories underscore the breadth of Vietnams electronics manufacturing ecosystem.

Vietnam Electronics Exports by Country: Key Markets

Vietnams electronics exports are geographically diversified, though a few markets dominate demand. According toVietnam electronics exportsby country data:

• China:$54.91 billion

• United States:$41.77 billion

• Hong Kong:$13.64 billion

• South Korea:$9.64 billion

• Japan, EU nations, Canada, and ASEANalso feature prominently

The United States and Europe together account for nearly45% of Vietnams electronics exports, reflecting strong consumer demand and favorable trade agreements. While Vietnam furniture export also finds strong demand in these markets, electronics exports have grown at a much faster pace, especially in early 2025.

Leading Electronics Exporters & Manufacturers in Vietnam

Vietnams electronics success is driven by a powerful mix of multinational and contract manufacturers:

• Samsung Electronics:~$54 billion

• Intel Products Vietnam:~$13 billion

• LG Electronics & Display:~$8 billion

• Foxconn (Hon Hai):~$4.5 billion

• Luxshare, GoerTek, Pegatron, Amkor, Jabil:$12 billion each

These companies not only boost exports but also create jobs, develop supplier ecosystems, and enhance Vietnams manufacturing capabilities. Similar ecosystem effects are visible in sectors like Vietnam furniture export, where clusters and supplier networks have supported long-term growth.

Historical Growth: Vietnam Electronics Exports (20142024)

Vietnams electronics exports have expanded dramatically over the last decade:

• 2014:$36.49 billion

• 2018:$86.59 billion

• 2021:$131.38 billion

• 2024:$126.5 billion

Despite a slight correction after the 2022 peak, the long-term trajectory remains strongly upward. The resilience shown mirrors other export sectors, including Vietnam furniture export, which has also demonstrated steady growth amid global uncertainties.

Whats Fueling Vietnams Electronics Export Growth?

1. Strategic FDI and Corporate Expansion

Large-scale investments from Samsung, Apple suppliers, LG, and Intel continue to drive capacity expansion and technology transfer.

2. Trade Agreements and Market Access

Vietnam benefits from multiple FTAs, includingCPTPP, EVFTA, RCEP, and AANZFTA, reducing tariffs and expanding access to high-value markets.

3. Competitive Manufacturing Environment

Lower production costs, improving infrastructure, and government incentives provide Vietnam with a competitive edge over regional peers.

4. Export Diversification

While electronics dominate, complementary sectors such as Vietnam furniture export help balance risk and sustain overall export growth.

Risks and Challenges Ahead

Despite impressive performance, challenges remain:

• US tariff risksand trade tensions

• High dependence on imported components

• Rising labor and energy costs

• Intensifying competition from India and Mexico

To address these risks, Vietnam aims to move up the value chain by investing in R&D, semiconductors, automation, and green technology.

Outlook for 2025 and Beyond

Early indicators for 2025 are highly positive. Total exports reached$140.3 billion in the first four months, with electronics showing over36% year-on-year growth. Projections suggest electronics exports could reach$140160 billion by year-end.

Government policy is increasingly focused on innovation, supply chain localization, and trade diplomacy. These efforts, combined with strong global demand, position Vietnam for continued success.

Why Trade Data Matters for Global Buyers

For importers, exporters, and investors, access to reliablevietnam trade data providerinsights is essential. Detailed vietnam electronics export data, shipment-level records, and vietnam export customs data enable businesses to identify suppliers, analyze pricing trends, and mitigate risks.

As Vietnam exports continue to diversifyfrom electronics to Vietnam furniture exportdata-driven decision-making becomes a critical competitive advantage.

Conclusion

Vietnams electronics export industry has evolved into a cornerstone of the global technology supply chain. With$126.5 billion in exports in 2024and ambitious targets for 2025, the country has firmly established itself as a global manufacturing leader. Supported by multinational investment, trade agreements, and strategic policy, Vietnam is moving beyond assembly toward higher-value production.

While challenges such as tariffs and cost pressures persist, Vietnams adaptability and resilience remain strong. Alongside established sectors like Vietnam furniture export, electronics will continue to drive economic growth and global relevance. For businesses seeking opportunity in Asias fastest-growing export hub, Vietnams electronics sector offers scale, stability, and long-term potential.