The import of air or vacuum pumps and compressors to Viet Nam shows a consistent upward trend from 2024 to 2028, with an anticipated increase from 657.6 million USD in 2024 to 733.23 million USD in 2028. This demonstrates a steady year-on-year growth, reflective of the country's expanding industrial and manufacturing sectors.
- Year-on-year increase from 2024 to 2025: approximately 2.96%
- Year-on-year increase from 2025 to 2026: approximately 2.83%
- Year-on-year increase from 2026 to 2027: approximately 2.69%
- Year-on-year increase from 2027 to 2028: approximately 2.57%
- The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.76%
In 2023, the recorded import value stood at a slightly lower base, setting the stage for a period of steady growth.
Future trends to watch for include potential advancements in Vietnam’s industrial capacity, government policies encouraging technological upgrades, and global economic conditions impacting trade flows. Additionally, shifts towards greener technologies and energy efficiency could also influence the types and volumes of pumps and compressors imported.
