Vietnam: FDI sector led in machinery, equipment, tools, and spare parts imports
Monday, October 12,2026
AsemconnectVietnam - According to the calculations from the preliminary statistics figures from the General Department of Customs, Vietnam's imports of machinery, equipment, tools, and spare parts in August of 2026 reached US$6.33 billion, a decrease of 5.41% compared to July of 2026 but an increase of 18.29% compared to August of 2025.
In the first eight months of 2026, the total import value of this product group reached US$47.4 billion, up by 22.7% year-on-year.
Specifically, machinery imports by the FDI sector reached US$4.27 billion in August of 2026, down by 3.04% from the previous month but up by 12.19% from August 2025. The total import value for the first eight months of 2026 stood at US$32.24 billion, a 16.14% increase year-on-year, accounting for 68.02% of the country's total machinery imports (a decrease from the 71.49% share recorded in the same period of 2025).
China remained the largest supplier of machinery and equipment to Vietnam; the imports from this market reached US$30.56 billion in the first eight months of 2026, up by 23.33% year-on-year, accounting for 64.46% of the country's total machinery imports (an increase from the 63.8% share recorded in the same period of 2025). Although the import value of machinery from this market in August of 2026 dipped slightly by 5.63% compared to July of 2026 (reaching US$4.17 billion), the 20.34% increase compared to August of 2025 underscores the heavy reliance of domestic manufacturing infrastructure on competitively priced machinery and components from this source.
Japan was the second-largest supplier of machinery to Vietnam; import value in August of 2026 reached US$395.16 million, down by 16.27% from July of 2026 and 1.48% from August of 2025. In the first eight months of 2026, total machinery imports from Japan reached US$3.45 billion, a 5.97% increase year-on-year, accounting for 7.27% of total import value (a decrease from the 8.37% share recorded in the same period of 2025).
South Korea ranked third, with machinery and equipment imports totaling US$3.33 billion in the first eight months of 2026, up by 7.89% year-on-year, representing a 7.03% share (down by from 7.96% in the same period of 2025). In August of 2026 alone, machinery imports from South Korea reached US$425.42 million, a 17.55% increase compared to August of 2025. The imports of machinery and equipment from ASEAN markets recorded strong growth, reaching US$2.85 billion in the first eight months of 2026, a surge of 49.08% year-on-year, thereby increasing their share of total imports from 4.92% in the same period of 2025 to 6.01% in 2026.
In August of 2026 alone, the country’s imports of machinery and equipment imports from ASEAN totaled US$387.67 million, up by 49% compared to August of 2025. Notably, Malaysia (US$1.06 billion, up by 72.36%) and Singapore (US$384.74 million, up by 104.72%) were the markets showing the most significant growth.
The import value of machinery and equipment from the EU reached US$2.58 billion in the first eight months of 2026, an increase of 20.34% year-on-year, accounting for a 5.44% share (a slight decline from the 5.52% recorded in the same period of 2025). In August of 2026, the imports stood at US$361.08 million, up by 4.75% from July of 2026 and 26.31% from August of 2025. Germany remained the primary supplier of mechanical machinery and industrial equipment within the bloc, with an eight-month import value exceeding US$1.2 billion (up by 25.39%).
Source: VITIC
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