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Overseas shipment of mobile phones and spare parts exceeds US$ 17 bln

VGP – Export turnover of mobile phones and spare parts was estimated at US$ 17.98 billion in the first five months this year, the Ministry of Industry and Trade reported.

June 04, 2020 3:19 PM GMT+7

In the January-May period, total export turnover was projected at US$ 99.36 billion, representing a year-on-year decline of 1.7%. The country reported 17 commodities with over US$ 1 billion export turnover each which accounted for 82% of the total figure. Especially, four commodities earned over US$ 5 billion of export turnovers.

Mobile phones and spare parts were the largest hard currency earner with US$ 17.98 billion; followed by computers, electronic products and spare parts with US$ 15.33 billion; garments and textiles with US$ 10.45 billion; and spare parts with US$ 8.53 billion. 

The MoIT said that the U.S. was the biggest importer of Vietnamese products with US$ 24.6 billion, representing a year-on-year growth of 8.2%; followed by China with US$ 16.3 billion (up 20.1%); the EU with US$ 12.9 billion (down 12%); ASEAN with US$ 9.4 billion (down 13.4%); Japan with US$ 8.1 billion (up 2.2%); the RoK with US$ 7.7 billion (down 0.5%)./.

By Kim Anh