Vietnam exports 18.4 billion USD worth Of phones and components in four months
In the first four months of the year, exports of phones and components earned more than USD 18.4 billion, up 6.6 percent year-on-year.
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| At a factory producing telephone components in Hanoi. |
| Photo: VNA/CVN |
According to the General Statistics Office (GSO), exports in April were estimated at 30.94 billion USD, an increase of 10.6 percent year-on-year, and those in the first four months were estimated at 123.64 billion USD (+15%).
Of this total, Vietnamese companies contributed USD 33.62 billion, accounting for 27.2% of the total, and foreign-invested companies (including crude oil) contributed USD 90.02 billion and 72%. .8%.
Exports to major markets such as the United States, the European Union and China all experienced double-digit growth. Specifically, the United States was Vietnam’s largest export market with a turnover of USD 34.1 billion (+19.1%), followed by China with USD 18 billion. (+14.4%) and the European Union (EU) with 16.4 billion USD (+15%).
Among the product groups shipped abroad, 21 had a turnover of more than one billion USD each, accounting for 86.4% of the total, and another five more than five billion USD (57.8 % of total).
Notably, in the first four months, phones and components of all types brought in over USD 18.4 billion, up 6.6% year-on-year and were also the 2nd most valuable item. highest export among all items exported from Vietnam.
Vietnam has overtaken India to become the world’s second-largest smartphone exporter after China. Currently, smartphones “made in Vietnam” represent 13% of the global market share.
The United States was Vietnam’s largest customer for the product, with over USD 3.05 billion in four months, up 30.4% from the same period in 2023. The second largest market was China with more than 2.5 billion USD, down 28% year-on-year.
The United Arab Emirates notably became Vietnam’s third largest customer with 897,984 USD, a jump of 55.3% year-on-year.
CPV/VNA/CVN
