Saturday, December 14,2019 - 6:58 GMT+7  Việt Nam EngLish 

Exports of cell phones and accessories reached 44 billion USD in ten months 

 Tuesday, December 3,2019

AsemconnectVietnam - Vietnam’s exports of telephones and components reached 44 billion USD in the first ten months of this year, accounting for 20.12 per cent of the country’s total export turnover, and up by 6.2 per cent over the same period of 2018.

In October of 2019 alone, the exports of telephones and accessories decreased by 4.0 per cent compared to September of 2019 to only 5.21 billion USD.
Vietnam's phones and components were mainly exported to the EU market, which accounted for 24 per cent of the proportion, but compared to the same period last year, the figure decreased slightly by 6.12 per cent 10.46 billion USD, particularly in October of 2019, the figure increased by 7.61 per cent compared to September of 2019 but decreased by 2.14 per cent compared to October of 2018.

According to the figure of the General Department of Customs, Vietnam’s exports of telephones and accessories to the US market in the first 10 months of 2019 reached 7.8 billion USD, accounting for 17.72 per cent of the proportion, up by 65.16 per cent over the same period last year. In October alone, the country also exported to the US 790.25 million USD worth of telephones and accessories, down by 7.47 per cent compared to September 2019 but up 38.29 per cent compared to October of 2018.
China ranked second after the US with the export turnover of 6.19 billion USD, but compared with the same period last year, the figure was down by 14.13 per cent. In October of 2019 alone, Vietnam also exported to China 1.53 billion USD worth of telephones and accessories, up by 1.92 per cent compared to September of 2019 and up by 6.33 per cent compared to October of 2018.

In addition to the above mentioned main markets, Vietnam also exported telephones and accessories to other markets such as UAE, South Korea, Thailand, Germany, UK, etc.
In general, in the first 10 months of this year, the country’s exports of phones of all kinds and components to the almost all markets decreased, the number of these markets accounted for 69.44 per cent, of which the exports to Cambodia dropped by 98.79 per cent compared to the same period of 2018, to 226,200 USD. In October of 2019 alone, the exports of telephones and accessories to this market also decreased by 84.59 per cent compared to September of 2019 and by 95.9 per cent compared to October of 2018 to 21,100 USD.

Besides, that exports to Malaysia dropped sharply by 32.28 per cent to 332.92 million USD over the same period last year. In October of 2019 only, the country’s exports of telephones and accessories to Malaysia decreased by 69.62 per cent compared to September of 2019 and decreased by 70.40 per cent compared to October of 2018 to 13.34 million USD.
In the opposite direction, in the first 10 months of this year, Vietnam’s exports of phones and components to Mexico increased significantly by 6.2 times (518.09 per cent) over the same period last year. In October of 2019 alone, the exports of phones and accessories increased by 3.99 per cent compared to September of 2019 and 18 times (corresponding to 1771.28 per cent) compared to October of 2018 reaching 73.22 million USD.
In the first 10 months of 2019, Vietnam also exported phones and accessories to Argentina, Chile, Egypt, Nigeria, etc.
Market
October of 2019 (USD)
+/- vs. September of 2019 (%)
First 10 months of 2019 (USD)
Argentina
19,172,383
-55.45
172,410,422
Chile
69,978,163
71.11
389,281,884
Sri Lanka
4,568,846
-11.23
53,613,286
Myanmar
1,930,457
-80.48
46,061,213
Pakistan
4,251,765
13.73
26,955,098
Egypt
432,035
-85.51
18,739,425
Nigeria
278,791
-86.1
9,675,513
Hungary
535,659
-46.29
5,011,250
Romania
526,518
-24.44
4,881,058
Czech
376,634
-52.27
4,384,727
Kuwait
208,150
-48.45
4,311,109
Kenya
554,994
178.04
1,131,170
Bangladesh
7,228,893
-27.23
83,222,754
Panama
16,301,450
113.27
77,092,169
Canada
53,697,057
30.24
496,362,543
Peru
13,191,896
-41.7
124,078,793
 
Vietnam’s export markets of cell phones and accessories in October and the first ten months of 2019 – Source: the General Department of Customs
 
Market
October of 2019 (USD)
+/- vs. September of 2019 (%)
First 10 months of 2019 (USD)
+/- vs. same period of 2018 (%)
The U.S
790,254,954
-7.47
7,806,561,602
65.16
China
1,531,097,187
1.92
6,196,773,720
-14.13
South Korea
516,948,652
-14.25
4,504,668,838
19.12
The U.A.E
155,496,941
-31.7
3,205,090,287
-4.34
Austria
279,302,661
22.91
2,360,977,661
-21.31
Britain
219,405,908
25.74
1,696,135,509
-6.7
Germany
103,399,994
-39.86
1,485,297,587
-12.53
India
76,448,105
-27.44
1,169,549,969
61.62
Thailand
51,818,731
-41.55
1,107,246,212
-8.3
France
85,697,116
-15.75
1,086,582,356
-0.05
Italy
122,888,900
10.3
1,046,671,417
59.87
The Netherlands
111,368,060
25.07
998,583,447
-5.47
Hong Kong (CN)
126,016,508
6.57
974,388,952
-39.53
Russia
54,380,155
-10.31
912,498,984
-2.3
Spain
87,427,333
23.62
847,905,435
-1.03
Brazil
96,784,855
15.61
735,418,263
10.28
Japan
112,764,336
54.81
672,149,904
-0.16
Australia
39,513,836
-33.59
609,081,476
-6.72
Sweden
59,284,549
5.31
530,122,882
-2.48
Mexico
73,226,614
3.99
466,584,585
518.09
Turkey
15,537,303
-7.44
425,021,103
-26.63
Israel
23,908,028
-28.82
361,604,359
-1.94
South Africa
28,060,633
18.16
336,897,106
31.56
Malaysia
13,341,456
-69.62
332,929,508
-32.28
Taiwan
25,036,405
-26.95
295,281,370
-7.8
The Philippines
3,896,884
-88.75
284,886,999
-10.71
Singapore
5,316,287
-74.64
215,455,701
-16.01
Colombia
34,788,619
48.36
202,300,106
64.76
Indonesia
22,353,295
2.12
199,941,540
-11.81
New Zealand
12,787,571
18.69
160,962,036
6.1
Portugal
20,740,096
52.95
157,167,923
-2.16
Slovakia
19,419,842
36.13
150,744,964
-18.44
Ukraine
13,964,949
-0.14
107,583,367
-10.03
Greece
12,308,532
22.15
95,488,388
3.94
Saudi Arabia
5,562,141
-23.56
58,785,839
1.31
Cambodia
21,180
-84.59
226,270
-98.79
CK
Source: VITIC

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