Exports of mobile phones, spare parts on the rise

Vietnam earned US$11.34 billion from exports of mobile phones and phone spare parts in the first four months of the year, a year-on-year surge of 22.45%, according to the Ministry of Trade and Industry.

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The ministry said that the shipments accounted for 21% of Vietnam’s total export revenue.

The United Arab Emirates (UAE) remains the biggest importer of Vietnamese-made mobile phones and components with total export value of US$1.54 billion, followed by the US with US$1.47 billion. 

Other main importers include the Republic of Korea (US$809.9 million), Germany (US$600.5 million), the UK (US$637.4 million), Austria (US$621 million) and Hong Kong (US$523.5 million).

Mobile phones are mostly produced and exported by Samsung Electronics Co., Ltd and Microsoft Mobile Vietnam.

The RoK company Samsung has poured US$15 billion into Vietnam, including two production complexes in Bac Ninh and Thai Nguyen provinces. Their products are sold in more than 50 countries and territories worldwide.

Last year, the group exported 200 million cell phones and earned a total revenue of US$32.5 billion.

VNA

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