AsemconnectVietnam - In July and the first seven months of 2026, Vietnam's imports of phones and components remained heavily concentrated in Asian markets, specifically China and South Korea.

China remained the dominant source, while South Korea held the second position, albeit with a significantly smaller volume. Although some markets, such as Taiwan, saw rapid import growth, their absolute values remained low. This indicates that Vietnam's phone component supply chain remains significantly dependent on supplies from China.
China continued to be the primary source of Vietnam's phone and component imports. In July of 2026, the imports from China totaled US$745.18 million, a decrease of 2.88% month-on-month and 2.25% year-on-year, accounting for 76.98% of the month's total import value. The total imports in the seven-month period reached US$4.75 billion, down by 7.44%; accounting for 81.6% of total imports, a decline from the 87.37% share recorded during the same period of 2025.
The fact that imports from China fell by 7.44%, while total imports of phones and components dropped by only 0.88%, suggests some improvement in reducing reliance on Chinese supplies. The nearly 5.8 percentage-point drop in market share compared to the previous year serves as an initial positive signal in the process of diversifying supply sources. However, accounting for over 80% of the total, China remains the dominant supplier; consequently, any fluctuations in prices, logistics, trade policies, or supply within this market could significantly impact domestic mobile phone manufacturing.
South Korea was the second-largest supplier, with July imports reaching $46.75 million, a decline of 20.62% month-on-month and 11.49% year-on-year. Over the seven-month period, the imports totaled $264.36 million, a rise of 16.94%, bringing its market share to 4.54% (up from 3.85% during the same period last year). Thus, despite the drop in July, the imports from South Korea maintained a strong growth trajectory over the seven-month period, indicating an increasingly significant role for South Korean supplies within Vietnam's electronics supply chain.
The imports from Taiwan (China) showed strong growth, albeit from a small base. July imports reached $6.36 million, up by 60.21% year-on-year but down by 17.50% compared to June. The total imports for the seven-month period totaled $24.41 million, a 59.30% increase, raising its market share to 0.42% (up from 0.26% in the same period last year). Taiwan's high growth rate suggests that Vietnamese enterprises are gradually diversifying their component sourcing to include other electronics manufacturing hubs in the region.
Notably, imports from Hong Kong (China) experienced significant volatility. July imports stood at just $0.06 million, a drop of 98.09% month-on-month and 58.23% year-on-year. However, the accumulated total for the seven-month period reached $4.65 million, a surge of 1,105.82% even though its market share remains modest at 0.08%. This sharp increase stems from a low initial baseline; consequently, it has not yet significantly impacted total import figures.
The imports from other sources, such as Japan and the United States, remain very low in value. The imports from Japan over the seven-month period totaled $2.83 million (up by 44.34%), while those from the United States reached $0.36 million (up by 77.89%). However, due to their small scale, these markets do not yet play a significant role in Vietnam's total supply of phones and components.
Conversely, the imports from India have seen a sharp decline. Over the seven-month period, the imports from India fell by 74.99% to $2.48 million, causing its market share to drop from 0.17% to 0.04%. This trend indicates that supply from India is currently unstable and cannot yet serve as a significant alternative to China.
Overall, the import structure for phones and components is shifting: China's share is gradually decreasing while the roles of South Korea and Taiwan are expanding, although supply concentration remains high. The share of imports from China fell from 87.37% to 81.60%, whereas South Korea's share rose from 3.85% to 4.54% and Taiwan's from 0.26% to 0.42%. While this trend favors supply chain diversification, further efforts are needed to mitigate the risks associated with reliance on a single source.
Source: VITIC