Electronics and tech products account for over one-third of export turnover in Jan-Feb 2026

The electronics sector remained a major highlight in the nation’s trade performance during the first two months of 2026, according to figures from Vietnam Customs. 

Out of a total export turnover of $76.39 billion in the first two months, two key commodity groups—computers, electronic products, and components, along with various types of phones and components—contributed approximately $28.84 billion. This accounts for nearly 38% of the sector’s total export value.

Specifically, the group of computers, electronic products, and components continued to lead growth, with turnover reaching $17.69 billion. This figure represents roughly 24% of total exports and marks a robust 40.9% increase compared to the same period last year.

In terms of export markets, the United States remained the largest destination for this group, with a turnover of $6.83 billion, up nearly 58%. Following the US were mainland China at $2.92 billion (up 38.2%), the EU $1.71 billion (up 10%), South Korea $1.58 billion (up 21.3%), and Hong Kong (China) $1.35 billion (up 19.1%).

Regarding phones and components, export turnover in the first two months reached $11.15 billion, a 21% year-on-year increase. However, looking at February alone, the export value for this group saw a 3.1% decline compared to the previous month, falling to $5.48 billion.

In terms of market distribution for this group, mainland China emerged as the largest buyer with $2.34 billion (up 61.3%), followed by the US at $1.84 billion (down 5.8%), the EU $1.66 billion (up 5.1%), and South Korea $1.11 billion (up 118.4%).

On the import side, the cumulative value for the first two months reached $79.34 billion, a 26.3% increase year-on-year and the highest level recorded to date.

Notably, computers, electronic products, and components continued to hold a dominant share of the import structure, with a turnover of $29.87 billion, accounting for approximately 37.6% of the total imports.

Compared to the same period last year, imports in this category grew by 48.3% or $9.72 billion, serving as the primary driver for the $16.54 billion overall increase in the sector's imports during the first two months of the year.