AsemconnectVietnam - According to the preliminary statistics from the General Department of Customs, Vietnam's exports of machinery, equipment, tools, and spare parts reached over US$6.9 billion in July of 2026, up by 10.3% from June of 2026 and 29.62% from July of 2025.

Totally in the first seven months of 2026, the country's total export turnover for machinery and equipment reached US$40.15 billion, a 24.6% increase compared to the same period of 2025.
The primary growth driver remains the foreign-invested (FDI) enterprise sector. The exports of machinery and equipment by FDI enterprises reached US$6.65 billion in July of 2026, up by 10.46% from June of 2026 and 31.39% from July of 2025. Overall, the export turnover of this sector for the first seven months of 2026 reached nearly US$38.38 billion, up by 26.7% year-on-year, accounting for 95.58% of the country's total machinery and equipment exports, an increase from the 94.01% share recorded in the first seven months of 2025.
The United States maintained its position as Vietnam's largest export market for machinery and equipment, with export turnover reaching US$16.83 billion in the first seven months of 2026, up by 26.6% compared to the same period of 2025, accounting for 41.92% of the country's total machinery and equipment export turnover, an increase from the 41.26% recorded in the same period of 2025. Specifically, in July of 2026, the country’s exports of machinery and equipment to the United States reached US$2.99 billion, up by 13.26% from June of 2026 and by 50.38% from July of 2025.
The EU remained Vietnam's second-largest export market for machinery and equipment, with turnover reaching US$771.15 million in July of 2026, an increase of 9.92% compared to June of 2026 and 29.32% compared to July of 2025. In the first seven months of 2026, the country’s total machinery exports to this market reached US$4.46 billion, up by 11.34%, accounting for a share of 11.11%, a decrease from the 12.43% share recorded in the same period of 2025. Notably, gateway markets such as the Netherlands (US$1.43 billion, accounting for 3.55%) and Germany (US$946.17 million, accounting for 2.36%) recorded steady growth over the seven-month period (rising by 12.13% and 16.14%, respectively).
The exports of this product category to China in July of 2026 reached US$686.20 million, an increase of 24.42% compared to June of 2026 and 24.76% compared to July of 2025. The accumulated figure for the first seven months reached US$3.85 billion, a 34.72% increase year-on-year. China's share expanded from 8.86% in the first seven months of 2025 to 9.58% during the same period of 2026.
The exports to Hong Kong in July of 2026 totaled US$442.1 million, down by 11.6% from June of 2026 and 2.38% from July of 2025. The decline in July represented a short-term technical adjustment following a period of peak inventory stockpiling in preceding months. However, in terms of the seven-month aggregate, this market demonstrated strong growth, reaching US$3 billion, a 57.73% increase year-on-year, thereby raising its share from 5.9% in the first seven months of 2025 to 7.47% in the same period of 2026.
The exports to ASEAN in July of 2026 reached US$415.81 million, a slight decrease of 0.33% compared to June of 2026 but a 32.35% increase compared to July of 2025. For the first seven months of 2026, the total machinery exports to this market reached US$2.53 billion, up by 23.29% year-on-year, accounting for a 6.29% share. Thailand (US$838.76 million, up by 38.17%) and Singapore (US$634.18 million, up 17.47%) were the two largest partners. Intra-bloc demand remained stable, supported by the ATIGA and RCEP free trade agreements. The recovery of the automotive and electronics manufacturing sectors in Thailand and Malaysia (up by 57.55% over seven months) has driven the import of components and auxiliary machinery from Vietnam.
Notably, during the first seven months of 2026, markets recording impressive growth compared to the same period of 2025 included Kyrgyzstan (up by 717.22%), Brunei (up by 368.67%), Norway (up by 143.21%), Tanzania (up by 108.08%), Spain (up by 77.65%), and Australia (up by 76.28%). Conversely, machinery exports saw sharp declines to several markets, including Ukraine, Chile, the UAE, and Romania.
Source: VITIC