Motors and Generators Export of Vietnam A Comprehensive Overview

1. Motors and Generators Export of Vietnam: A Comprehensive Overview Motors and generators are key players in the global trade market due to their efficiency as enablers of electricity use. The rise in industrial productivity and the energy security needs have positioned this as a top-traded commodity worldwide. Vietnam, based in Southeast Asia, sharing borders with China and Cambodia in the north and west direction, with a large and fast-growing electrical and electronics export base, has emerged as a trading hub of this specific product in the global trade. Vietnam Import Data says that the skilled but abundant technical workforce engaged in this sector, and the growing domestic testing and quality assurance lab has been maintaining an upward trajectory in the overall revenue rate hike. The rise in automation and the upgrade of the investment, improving productivity, has resulted in an export trade value of 48 billion US dollars in 2024. The industrial policy adopted includes a statement encouraging local content and component production, which is considered pivotal for the overall export diversification. Subscribe to Import Globals, an import export trade provider, to stay updated with the latest information regarding the export of motors and generators from Vietnam in 2024 via the Vietnam trade data.

2. POLICY REFORMS SUPPORTING THE EXPORT OF MOTORS AND GENERATORS IN VIETNAM IN 2024 The industrial policy on local content development introduced by the government has reduced the reliance on specific imported parts. This has significantly lowered the cost of production rates while strengthening Vietnam’s supply chain resilience. The investment incentives for electrical manufacturing have attracted the attention of multinational companies to the establishment of factories to increase production capacity. The expansion of export-oriented industrial parks and logistics hubs has improved the efficiency in manufacturing and shipment of bulky equipment. The Quality Assurance and Standards Compliance Program has ensured exported motors while boosting trust among importers.

3. THE LEADING VARIANTS OF MOTORS AND GENERATORS EXPORTED FROM VIETNAM IN 2024 • Vietnam, with a thriving technological revolution of the industrial sector, has reported diversification in the export of motors and generators in 2024. According to the Vietnam Export Data, the top 10 variants of motors and generators exported by the nation are, • AC Induction Motors — The value of AC Induction Motors exported from Vietnam in 2024–13 billion US dollars • DC Motors — The value of DC Motors exported from Vietnam in 2024–12 billion US dollars • Synchronous Motors — The value of Synchronous Motors exported from Vietnam in 2024–10 billion US dollars • Stepper Motors — The value of Stepper Motors exported from Vietnam in 2024–8.6 billion US dollars • Servo Motors — The value of Servo Motors exported from Vietnam in 2024–6.8 billion US dollars • · Brushless DC Motors (BLDC) — The value of Brushless DC Motors (BLDC) exported from Vietnam in 2024–5.6 billion US dollars • · Variable Frequency Drives (VFDs) — The value of Variable Frequency Drives exported from Vietnam in 2024–4.8 billion US dollars • · Motor Starters & Soft Starters — The value of Motor Starters & Soft Starters exported from Vietnam in 2024–3.7 billion US dollars • · Motor Controllers — The value of Motor Controllers exported from Vietnam in 2024–2.91 billion US dollars • · Hydro Turbine Generators — The value of Hydro Turbine Generators exported from Vietnam in 2024–1.8 billion US dollars

4. TOP 10 EXPORT TRADE PARTNERS OF VIETNAM IN 2024 • Vietnam has adopted the modern trade strategies preferred by different traders worldwide to maintain compatibility with the growing global standards. According to the Vietnam Customs Data, the top 10 export trade partners of the nation for motors and generators export in 2024 are, • 1. United States — The annual valuation of the motors and generators exported from Vietnam to the United States in 2024–10.87 billion US dollars • Top 5 variants of motors and generators exported • Helical Gear Motors • Right-Angle Gear Motors • Electric Bicycle Motors (E-Bike Motors) • Scooter Motors • Motorcycle Starter Motors

5. 2. China — The annual valuation of the motors and generators exported from Vietnam to China in 2024–9.81 billion US dollars • Top 5 variants of motors and generators exported • Drone Motors • Small Fractional Horsepower Motors • Medium Power Motors • Large Industrial Motors • High Voltage Motors • 3. South Korea — The annual valuation of the motors and generators exported from Vietnam to South Korea in 2024–8.76 billion US dollars • Top 5 variants of motors and generators exported • Elevator Motors • Crane Motors • Conveyor Motors • Robotics Motors • Drone Motors

6. Japan — The annual valuation of the motors and generators exported from Vietnam to Japan in 2024–7.65 billion US dollars • Top 5 variants of motors and generators exported • Refrigerator Motors • Washing Machine Motors • Dishwasher Motors • Vacuum Cleaner Motors • Power Tool Motors • 5. Hong Kong — The annual valuation of the motors and generators exported from Vietnam to Hong Kong in 2024–6.89 billion US dollars • Top 5 variants of motors and generators exported • High-Speed Motors • Low-Speed High Torque Motors • Explosion-Proof Motors • Submersible Motors • Pump Motors

7. 6. Germany — The annual valuation of the motors and generators exported from Vietnam to Germany in 2024–5.76 billion US dollars • Top 5 variants of motors and generators exported • Traction Motors (EV Motors) • Hybrid Vehicle Motors • Automotive Starter Motors • Automotive Alternators • High-Speed Motors • 7. Netherlands — The annual valuation of the motors and generators exported from Vietnam to the Netherlands in 2024–4.78 billion US dollars • Top 5 variants of motors and generators exported • Hysteresis Motors • Stepper Motors • Variable Reluctance Stepper Motors • Permanent Magnet Stepper Motors • Hybrid Stepper Motors

8. 8. United Kingdom — The annual valuation of the motors and generators exported from Vietnam to the United Kingdom — in 2024–3.89 billion US dollars • Top 5 variants of motors and generators exported • Series DC Motors • Compound DC Motors • Synchronous Motors • Permanent Magnet Synchronous Motors (PMSM) • Reluctance Synchronous Motors • 9. Thailand — The annual valuation of the motors and generators exported from Vietnam to Thailand in 2024–2.76 billion US dollars • Top 5 variants of motors and generators exported • DC Motors • Brushed DC Motors • Brushless DC (BLDC) Motors • Permanent Magnet DC Motors • Shunt DC Motors

9. 10. India — The annual valuation of the motors and generators exported from Vietnam to India in 2024–1.98 billion US dollars • Top 5 variants of motors and generators exported • AC Induction Motors • Single-Phase Induction Motors • Three-Phase Induction Motors • Squirrel Cage Induction Motors • Wound Rotor Induction Motors