The import of non-domestic machinery to Viet Nam exhibited steady growth from 2024 to 2028, with values increasing from 526.31 million USD in 2024 to 583.28 million USD in 2028. This forecast shows a consistent upward trend, suggesting a healthy demand for such machinery in the Vietnamese market.
Key trends and variations include:
- A year-on-year increase of 2.79% from 2024 to 2025.
- An increase of 2.66% from 2025 to 2026.
- A rise of 2.54% from 2026 to 2027.
- A growth rate of 2.43% from 2027 to 2028.
From 2023 to 2024, the increase was also substantial when considering the latest CAGR, which shows an average annual growth rate of approximately 2.60% over the forecast period.
Future trends to watch for include technological advancements, changes in trade policies, and economic factors that could impact the demand and supply of machinery imports. Additionally, shifts in the global supply chain and Vietnam's industrial expansion will be critical factors influencing future import volumes.
