Based on the provided data, the import of electronic integrated circuits and microassemblies to Vietnam is shown to grow consistently from 2024 to 2028. In 2023, the import value stood at 28.036 billion US dollars. The forecasted year-on-year increases are:
• 4.74% in 2024
• 4.71% in 2025
• 4.40% in 2026
• 4.13% in 2027
• 3.88% in 2028
Over the last two years, the growth rates are reflective of a steady but slight deceleration in the rate of increase. The compound annual growth rate (CAGR) over the next five years (2024-2028) averages to 4.37% annually.
Future trends to watch for include the development and investment in Vietnam's tech and electronics manufacturing sector, the influence of global supply chain dynamics, technological advancements, and trade policies impacting imports. These factors could potentially drive or hinder the forecasted figures and overall growth trajectory.
