Mobile phone imports from China increase

  • July 21, 2015

China was the biggest supplier of mobile phones and parts to Vietnam in the first half of this year, accounting for 64.2 per cent of the country`s imports of these products, the General Department of Vietnam Customs said.

Imports of the items from China saw a 18.2 per cent year-on-year increase to US$3.35 billion. The Republic of Korea (RoK) was second with nearly US$1.48 billion following a 57.6 per cent rise.

Total imports of mobile phones and parts rose 32 per cent to US$5.22 billion.

During the period Vietnam`s exports of phones and components topped US$14.6 billion, up 26.4 per cent.

The EU was the largest buyer at $4.97 billion, up 18.8 per cent, followed by the UAE with US$2.21 billion and the US with US$1.3 billion.

Vietnam`s imports of computers and electronic components and parts rose by more than a third to US$11.19 billion, most of it by foreign-owned companies. Local firms` imports were worth a mere US$864 million.

The RoK continued to be the largest seller, shipping $3.3 billion worth of these items, up 32.9 per cent year-over-year.

China and Japan were second and third with US$2.37 billion and US$1.1 billion.

Vietnam`s exports of these products were worth US$7.36 billion for a 60 per cent increase. The EU was the biggest customer, with its purchases soaring by 70.5 per cent to US$1.45 billion, followed by the US and China.

The country`s overall exports in the first half were worth US$77.77 billion, a 9.3 per cent rise. Imports were up 16.7 per cent at US$80.84 billion.

Source: VietNamNet

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