In 2023, the import of parts of electronic integrated circuits to Vietnam stood at a significant level, forming the base for future projections. Forecasted values from 2024 to 2028 show a consistent year-on-year increase in import value, starting at $693.55 million in 2024 and reaching $812.3 million by 2028.
Year-on-year variations indicate steady growth:
- 2024-2025: 4.41%
- 2025-2026: 4.14%
- 2026-2027: 3.9%
- 2027-2028: 3.67%
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 3.88%, reflecting a stable average annual increase.
Future trends to watch for include the impact of global semiconductor industry shifts, technological advancements, and Viet Nam's economic policies. The demand for electronic integrated circuits is likely to grow, driven by expanding industries such as telecommunications, consumer electronics, and automotive electronics.
