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China – Vietnam’s biggest export market of telephones and components 

 Wednesday, March 7,2018

AsemconnectVietnam - China was the biggest export market of telephones and components of Vietnam in the first month of this year with 22.7 per cent of the total market share.

In January, the country’s exports of telephones and components increased sharply by 68.9 per cent over the same month of last year to US$ 3.93 billion, accounted for 19.5 per cent of the country’s total export turnover.

The exports of telephones and components to China in the first month of this year increased by over 20 folds compared with the same period last year but decreased by 46.8 per cent over the previous month to $ 894.58 million.

China was the country’s biggest export market of telephones and components in the first month of this year, accounted for 22.7 per cent of the total.

It was followed by South Korea with $ 432.25 million, up by 88.3 per cent year – on – year; Austria - $ 381.37 million, up by 133.5 per cent; the U.A.E - $ 379.6 million, up by 66 per cent; and the U.S - $ 214.02 million, up by 3.5 per cent. 

The EU countries accounted for 23.9 per cent of the total with $ 940.17 million, up by 25.8 per cent compared with the same period last year; and the exports to the South East Asian countries reached $ 259.96 million, up by 36.2 per cent.   

In the first months of this year, the country’s exports of telephones and components to China increased sharply by 20 folds; to Cambodia – up by 287 per cent to $ 5.88 million; to the Philippines – up by 239 per cent to $ 42.6 million; to Colombia – up by 171 per cent to $ 28.56 million; to India – up by 149.6 per cent to $ 79.08 million; to Austria – up by 133.5 per cent to $ 381.37 million; and to Sweden – up by 124.4 per cent to $ 31.13 million.

However, the imports of telephones and components in January reached $ 1.58 billion, up by over 89 per cent compared with the same period last year but down by 15.3 per cent over the last month of 2017.

Vietnam’s exports of telephones and components in January of 2018 -
Unit: US$ - source: the General Department of Customs
Market
January of 2018
January of 2018 vs. December of 2017 (+/- %)
January of 2018 vs. January of 2017 (+/- %)
Total
3,933,502,245
0.87
68.87
China
894,582,034
-46.77
1.960.28
South Korea
432,254,015
40.33
88.28
Austria
381,365,197
169.71
133.48
The U.A.E
379,464,811
88.33
66.06
The U.S
214,021,620
24.99
3.5
Britain
116,983,601
-16.64
32.19
Germany
114,184,415
-2.51
33.72
The Netherlands
107,626,043
5.37
25.56
Thailand
98,149,719
-17.82
54.41
Russia
88,575,083
21.11
40.95
Hong Kong
84,728,097
-31.96
-24.57
India
79,081,752
113.47
149.62
Spain
77,355,382
91.2
36.74
France
74,492,989
68.57
-6.06
Turkey
73,721,433
-12.97
114.11
Brazil
68,721,696
-3.7
8.15
Malaysia
53,311,573
53.53
32.5
Japan
51,045,013
18.61
45.55
Taiwan
45,633,626
87.22
43.43
The Philippines
42,600,541
113.09
238.97
Australia
37,708,670
4.76
11.67
Indonesia
36,338,161
117.53
-36.99
Israel
34,710,817
33.25
51.45
Sweden
31,132,639
8.6
124.4
Colombia
28,560,298
307.51
171.13
South Africa
26,331,696
201.7
11.19
Singapore
23,679,069
36.1
54.87
Ukraine
15,927,032
70.2
75.73
Slovakia
15,374,419
80.24
18.38
Portugal
15,150,848
160.62
31.51
New Zealand
8,943,673
30.15
7.73
Saudi Arabia
6,747,520
0.81
-21.12
Greece
6,045,446
-3.32
9.17
Cambodia
5,878,202
-15.81
287.18
Mexico
1,576,112
-32.65
-96.09
Italy
458,005
-56.47
-99.68
CK
Source: VITIC

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