AsemconnectVietnam - Vietnam's exports of machinery, equipment, tools, and other spare parts in April and the first four months of 2026 showed a positive recovery and growth.

Specifically, according to data from the Customs Department, in April of 2026, Vietnam’s exports of machinery, equipment, tools, and spare parts reached nearly US$5.94 billion, an increase of 4.14% compared to March of 2026 and 26.03% compared to April of 2025. In the first four months of 2026, the total export value of machinery and equipment nationwide reached nearly US$20.93 billion, an increase of 22.48% compared to the same period of 2025.
Of which, the exports of machinery and equipment by FDI enterprises in April of 2026 reached US$5.7 billion, an increase of 5.02% compared to the previous month and an increase of 49.83% compared to April of 2025. The total export value of machinery and equipment by this group of enterprises in the first four months of 2026 reached US$19.88 billion, an increase of 41.33% compared to the same period in 2025; accounting for 94.99% of the total machinery and equipment imports nationwide (an expansion compared to the 82.32% of the first four months of 2025).
Many FDI projects in the processing and manufacturing industries have become operational and expanded their production scale since the beginning of 2026, creating an abundant supply for export. Large FDI enterprises in Vietnam are increasing exports of machinery and equipment to other branches within the same system in Southeast Asia (such as Thailand and Indonesia) to serve the assembly of finished products.
After the Lunar New Year holiday and the early part of the first quarter when plans are adjusted, April was usually the time when businesses accelerate deliveries to meet the second quarter deadline. Although sea freight costs fluctuated due to the geopolitical situation in the Middle East, businesses have been more proactive in seeking alternative transportation methods or renegotiating contracts to ensure that the flow of goods is not disrupted.
The United States continued to maintain its position as Vietnam's largest market for machinery, equipment, tools, and spare parts in the first four months of 2026, with a turnover of US$8.68 billion, an increase of 21.17% compared to the same period in 2025; accounting for 41.49% of the country's total machinery and equipment exports (a decrease compared to 41.94% in the same period of 2025). In April of 2026 alone, machinery and equipment exports to the United States reached nearly US$2.55 billion, an increase of 10.29% compared to the previous month and a 33.34% increase compared to April of 2025.
The US economy in the second quarter of 2026 witnessed a strong recovery in the industrial manufacturing and construction sectors. This boosted demand for imports of mechanical machinery, hand tools, and spare parts from reliable partners, including Vietnam.
The second largest export market for machinery and equipment was the EU, with a turnover of nearly US$2.27 billion in the first four months, a slight increase of 0.24% compared to the first four months of 2025; accounting for 10.83% of total exports (a decrease compared to 13.23% in the same period of 2025). Of these, the Netherlands and Germany were the two largest consuming markets, each with a turnover exceeding US$400 million. Unlike the growth in the US market (which focuses on supply chain relocation and industrial investment), the EU market in April of 2026 faced pressure from environmental standards (CBAM and DPP green regulations) and increased transportation costs due to prolonged instability in the Middle East, leading to a temporary decline in demand from EU markets.
China was the third largest export market with a turnover exceeding US$2 billion, an increase of 66.17% compared to the first four months of 2025; this accounted for 9.56% of the total (an expansion compared to the 7.05% share in the same period of 2025). Machinery from Vietnam has a significant advantage in logistics costs when exported to China. Many multinational corporations have completed the establishment of factories in Vietnam to serve the Chinese and regional markets. When these factories become fully operational in 2026, the flow of components and machinery (especially specialized machinery for electronic assembly) exported back to the Chinese market will increase significantly. The trade structure between the two countries has shifted from simple goods exchange to cooperation in the production chain. Vietnam exports processed or assembled semi-finished machinery components and parts for China to complete the final products.
Vietnam's machinery and equipment exports to the Hong Kong market in the first four months of this year reached nearly US$1.64 billion, an increase of 69.95% compared to the same period in 2025; this accounted for 7.83% (an expansion from 5.64% in the first four months of 2025). Vietnam's increased imports of input machinery from China also created a reverse export flow of components and spare parts through Hong Kong to optimize the value chain.
The next were ASEAN accounting for 6.25%; South Korea accounting for 4.84%; Japan accounting for 4.7%; Taiwan accounting for 2.11%; India accounting for 2.01%.
Notably, the imports from some markets increased sharply compared to the same period in 2025, such as to Hong Kong (up by 75.54%); Canada (up by 106.78%); Australia (up by 89.97%); Myanmar (up by 157.11%); Mozambique (up by 526.76%); and Tanzania (up by 138.35%).
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Source: VITIC