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Exports of phones and accessories accounted for over 20 per cent of total export turnover 

 Monday, January 20,2020

AsemconnectVietnam - 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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