According to statistics from the Ministry of Industry and Trade, exports of machinery, equipment, tools and other spare parts continued to be one of the bright spots of Vietnam’s trade activities in 2025.
The effective use of preferential certificates of origin (C/O) has enabled Vietnamese machinery, equipment, tools and spare parts to expand markets, reduce tariff costs and participate more deeply in regional and global supply chains.
Specifically, within the structure of issued C/Os, Form B — a non-preferential certificate mainly used to certify Vietnamese origin — recorded an export value of USD 1.5 million. Although modest in value, this document remains necessary to meet origin requirements in markets that do not apply FTA tariff preferences.
Among preferential C/Os, Form D under the ATIGA (ASEAN Trade in Goods Agreement) stood out with an export value of USD 368.3 million. The reduction of intra-ASEAN import tariffs to zero has created favorable conditions for Vietnamese machinery and equipment to penetrate neighboring markets more deeply, serving the region’s growing demand for production and infrastructure investment.
C/Os under new-generation FTAs continued to play an important role. Exports using CPTPP C/O forms reached USD 150.4 million, indicating that Vietnamese enterprises have gradually adapted to stricter rules of origin to effectively tap markets such as Canada, Australia, Japan and Mexico.
Notably, machinery and equipment exports using EUR.1 C/O forms under the EVFTA (EU–Vietnam Free Trade Agreement) reached USD 1.06 billion. This demonstrates the increasing ability of Vietnamese industrial products to meet higher technical and origin standards when accessing the EU market, which imposes stringent requirements on quality, environmental protection and traceability.
Among regional FTAs, the AANZFTA (ASEAN–Australia–New Zealand Free Trade Area) recorded the highest value of exports using AANZ C/O forms, at USD 4.38 billion. Australia and New Zealand continue to be stable markets for machinery and equipment, particularly in mining, high-tech agriculture and processing industries.
Meanwhile, exports using RCEP C/O forms reached USD 277.6 million, reflecting enterprises’ growing tendency to flexibly leverage regional commitments to optimize supply chains. Other bilateral and regional C/Os, such as Form AI under AIFTA at USD 441.7 million and Form VK under VKFTA at USD 441.4 million, also highlight the increasingly important role of the Indian and South Korean markets for Vietnamese machinery and equipment.
In traditional and neighboring markets, exports using Form S under the Vietnam–Laos bilateral trade agreement reached USD 1.9 million, helping maintain stable trade flows. Meanwhile, exports using Form AK under AKFTA remained modest, reflecting intense competition in the South Korean market for this product group.
Data from the General Department of Customs (Ministry of Finance) also showed solid growth momentum for machinery and equipment exports.
In the first half of December, export turnover of this group exceeded USD 2.4 billion, bringing total exports from the beginning of the year to December 15, 2026 to USD 55.9 billion.
According to experts, machinery and equipment exports are closely linked to the trend of increasing industrial content in Vietnam’s export structure. Effective use of preferential C/Os not only helps enterprises reduce costs, but also encourages investment in technology, component manufacturing and localization, thereby enhancing Vietnam’s position in the global value chain.
Source: vneconomy.vn
