Exports of phones and accessories accounted for over 20 per cent of total export turnover
Monday, January 20,2020AsemconnectVietnam - Telephones and components were the leading group in terms of turnover of Vietnam's export groups.
According to calculations from the General Department of Customs (GDC), phones and components were the leading group in terms of turnover of Vietnam's exports in the first 11 months of 2019, accounting for 20.1 per cent of the total export turnover. Merchandise exports of the country, reaching approximately 48.53 billion USD in the first 11 months of 2019, an increase of 5 per cent over the same period of 2018. In particular, in November of 2019, the country’s exports of phones and accessories reached 4.5 billion USD, down by 13.8 per cent compared to the previous month and down by 5.7 per cent compared to November of 2018.
The EU was the largest consumer market for Vietnam's phones and components, with 11.67 billion USD in the first 11 months of the year, accounting for over 24.1 per cent of the country's total telephones and components export turnover, decreasing by 7.1 per cent over the same period of 2018. The US market ranked second in turnover, reaching 8.45 billion USD, accounting for 17.4 per cent, up sharply by 62.5 per cent; followed by China with 7.36 billion USD, accounting for 15.2 per cent, down by 12.4 per cent; South Korea - 4.9 billion USD, accounting for 10.1 per cent, up by 18.1 per cent; the U.A.E 3.31 billion USD, accounting for 6.8 per cent, down by 8.9 per cent.
Vietnam’s exports of phones and accessories in the first 11 months of 2019 – source: the General Department of Customs - Unit: USD
Market
|
November of 2019
|
Vs. October of 2019 (%)
|
First 11 months of 2019
|
Vs. same period of 2018 (%)
|
Percentage (%)
|
Total
|
4,498,640,227
|
-13.78
|
48,527,103,301
|
5.03
|
100
|
The U.S
|
640,191,121
|
-18.99
|
8,446,746,733
|
62.5
|
17.41
|
China
|
1,160,881,598
|
-24.18
|
7,357,653,097
|
-12.44
|
15.16
|
South Korea
|
390,785,731
|
-24.41
|
4,895,289,930
|
18.14
|
10.09
|
The U.A.E
|
108,748,984
|
-30.06
|
3,313,839,271
|
-8.92
|
6.83
|
Austria
|
288,665,843
|
3.35
|
2,649,643,505
|
-20.5
|
5.46
|
Britain
|
205,811,776
|
-6.2
|
1,901,947,285
|
-10.01
|
3.92
|
Germany
|
111,870,887
|
8.19
|
1,597,168,474
|
-14.64
|
3.29
|
India
|
65,498,918
|
-14.32
|
1,234,756,345
|
57.14
|
2.54
|
France
|
120,466,871
|
40.57
|
1,207,049,226
|
-4.41
|
2.49
|
Italy
|
129,677,313
|
5.52
|
1,176,348,730
|
50.97
|
2.42
|
Thailand
|
48,715,998
|
-5.99
|
1,155,962,209
|
-12.85
|
2.38
|
The Netherlands
|
127,784,349
|
14.74
|
1,126,367,796
|
-3.82
|
2.32
|
Hong Kong (CN)
|
109,723,466
|
-12.93
|
1,084,112,418
|
-36.73
|
2.23
|
Russia
|
78,937,661
|
45.16
|
991,436,645
|
-7.81
|
2.04
|
Spain
|
107,227,793
|
22.65
|
955,133,228
|
4.33
|
1.97
|
Brazil
|
50,704,086
|
-47.61
|
786,122,349
|
6.08
|
1.62
|
Japan
|
81,233,172
|
-27.96
|
753,383,077
|
-1.24
|
1.55
|
Australia
|
62,502,196
|
58.18
|
671,583,672
|
-6.09
|
1.38
|
Sweden
|
61,635,201
|
3.97
|
591,758,082
|
-4.3
|
1.22
|
Canada
|
88,656,390
|
65.1
|
585,018,933
|
|
1.21
|
Mexico
|
44,909,642
|
-38.67
|
511,494,227
|
495.79
|
1.05
|
Turkey
|
11,616,277
|
-25.24
|
436,637,380
|
-29.18
|
0.9
|
Chile
|
21,286,419
|
-69.58
|
409,276,220
|
|
0.84
|
Israel
|
40,270,344
|
68.44
|
401,874,703
|
1.93
|
0.83
|
South Africa
|
21,605,431
|
-23
|
358,502,537
|
33.27
|
0.74
|
Malaysia
|
9,199,580
|
-31.05
|
342,129,088
|
-35.37
|
0.71
|
Taiwan (CN)
|
19,049,361
|
-23.91
|
314,330,732
|
-8.61
|
0.65
|
The Philippines
|
3,546,812
|
-8.98
|
288,433,811
|
-21.52
|
0.59
|
Colombia
|
38,770,636
|
11.45
|
241,070,743
|
81.87
|
0.5
|
Singapore
|
4,834,426
|
-9.06
|
220,290,128
|
-21.21
|
0.45
|
Indonesia
|
18,262,679
|
-18.3
|
218,049,752
|
-11.32
|
0.45
|
Argentina
|
18,679,115
|
-2.57
|
191,089,538
|
|
0.39
|
New Zealand
|
21,645,321
|
69.27
|
182,607,357
|
5.08
|
0.38
|
Portugal
|
20,868,174
|
0.62
|
178,036,097
|
-1.48
|
0.37
|
Slovakia
|
12,799,304
|
-34.09
|
163,544,268
|
-23.71
|
0.34
|
Peru
|
11,474,996
|
-13.01
|
135,553,789
|
|
0.28
|
Ukraine
|
11,168,114
|
-20.03
|
118,751,481
|
-12.57
|
0.24
|
Greece
|
14,693,814
|
19.38
|
110,182,202
|
10.66
|
0.23
|
Bangladesh
|
10,234,780
|
41.58
|
93,457,534
|
|
0.19
|
Panama
|
16,082,620
|
-1.34
|
93,174,788
|
|
0.19
|
Saudi Arabia
|
7,369,964
|
32.5
|
66,155,803
|
8.49
|
0.14
|
Sri Lanka
|
4,126,419
|
-9.68
|
57,739,705
|
|
0.12
|
Myanmar
|
2,038,237
|
5.58
|
48,099,450
|
|
0.1
|
Pakistan
|
3,511,467
|
-17.41
|
30,466,565
|
|
0.06
|
Egypt
|
1,721,408
|
298.44
|
20,460,833
|
|
0.04
|
Nigeria
|
1,450,351
|
420.23
|
11,125,864
|
|
0.02
|
Algeria
|
|
|
8,290,541
|
|
0.02
|
Romania
|
915,906
|
73.96
|
5,796,963
|
|
0.01
|
Czech
|
1,175,171
|
212.02
|
5,559,899
|
|
0.01
|
Hungary
|
451,320
|
-15.74
|
5,462,570
|
|
0.01
|
Kuwait
|
180,406
|
-13.33
|
4,491,515
|
|
0.01
|
Iraq
|
|
|
3,880,724
|
|
0.01
|
Kenya
|
309,340
|
-44.26
|
1,440,510
|
|
0
|
Cambodia
|
|
|
226,270
|
-98.79
|
0
|
CK
Source: VITIC
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