According to statistics of the General Department of Customs, in the first eight months of 2022, the total import and export value of Vietnam's goods reached US$499.71 billion, up 15.9%, equivalent to an increase of US$68.69 billion compared to that of the General Department of Customs. same period in 2021.

In which, the export value of goods reached USD 252.60 billion, up 18.2% (equivalent to USD 38.85 billion) and import value reached USD 247.11 billion, up 13.7% (equivalent to USD 247.11 billion) increase of 29.84 billion USD).

Among the main export groups, the prominent are phones of all kinds and components. Specifically, the export of this item in August 2022 was worth $6.09 billion, a sharp increase of 39.4% over the previous month.

Calculated in 8 months of 2022, the export of phones of all kinds and components reached 40 billion USD, up 13.5% compared to 8 months of 2021.

In which, the export of this group of goods to the US market reached US$ 9.25 billion, up 48%; to the Chinese market with a value of 8.97 billion USD, up 11%; to the EU reached $4.61 billion, down 5%; to South Korea reached 3.88 billion USD, up 23% over the same period last year.

Besides, the export value of computers, electronic products and components in August reached 4.94 billion USD, up 25.4% over the previous month, bringing the export value of this commodity group in 8 months of 2022 reached 36.71 billion USD, up 15.2% over the same period in 2021.

In the first eight months of 2022, exports of computers, electronic products and components to the US reached 10.12 billion USD, up 25% over the same period last year; to the Chinese market reached 7.7 billion USD, up 16%; to the EU market reached USD 4.88 billion, up 19%; to Hong Kong market reached 3.83 billion USD, equivalent to the same period last year; to the Korean market reached 2.29 billion USD, down 2%…

In addition, exports of other machinery, equipment, tools and spare parts in August reached $4.49 billion, up 9.7% over the previous month. In the first eight months of 2022, the export value of this commodity group reached US$30.06 billion, up 29.2% over the same period last year.

The electronics field in Vietnam is attracting more and more domestic and foreign investors to invest in this field. Many major electronics companies in the world have invested in building high-tech electronic product production facilities in Vietnam such as: Samsung, LG, Foxconn, Fukang Technology, LG Display Hai Phong...

Vietnam has many advantages to attract FDI enterprises in the field of electronics. The free trade agreements that Vietnam has signed are creating opportunities for many large electronics firms to expand their scale to take advantage of opportunities for preferential tariffs in export activities. In addition, the Government has constantly improved the investment and business environment, well prepared infrastructure and human resources... which is highly appreciated by domestic and foreign businesses.

According to the Ministry of Industry and Trade, the export of computers, electronics and components has become a key export item for economic growth, contributing to stabilizing the macro-economy and creating jobs for workers.