Clients choose an iphone to buy at a mobile shop in HCM City. iPhone imports saw the most significant growth, rising 46% to 1.16 billion USD in 2022. (Photo: VNA) The figure was announced in the 2022 Vietnam Import-Export Report released by the Ministry of Industry and Trade late last week.
Imports of phones and components of the FDI sector reached 20.1 billion USD, down 0.9% from 2021.
Meanwhile, imports from the Republic of Korea and China accounted for the majority of the country’s imports related to phones and components, 92.6%.
In 2022, Vietnam’s import of CBU (completely built units) phones reached a turnover of 3.5 billion USD, up 10.5% compared to 2021, accounting for 16.6% of the import turnover of phones and components.
Apple, Samsung, Oppo, and Xiaomi phones were the most favoured brands, accounting for 93.4%. iPhone imports saw the most significant growth rising 46% to 1.16 billion USD. Samsung phones came in second at $940 million and Oppo came in third at 442 million USD.
Also in 2022, imports of phone components stood at over 17.6 billion USD, down 3.7% compared to 2021.
The report also announced that the number of domestically-produced phones reached 210.5 million, a slide of 9.1% compared to 2021. The production value of phone components reached 663 trillion VND, up 15.1% against 2021.
According to the report, exports of phones and components reached a turnover of 58 billion USD, an increase of 0.8% against 2021, and accounted for 15.6% of the country’s total export turnover. Export turnover of FDI enterprises reached 57.8 billion USD, an increase of 1.4% from 2021, accounting for 99.7% of this commodity group.
The export of CBU phones reached 33.3 billion USD, up 0.7% compared to 2021, accounting for 57.4% of the total export turnover of this commodity group. That of Samsung phones earned over 31.4 billion USD, accounting for 95% of the country’s total export turnover of CBU phones.
Meanwhile, exports of phone components and accessories hit over 24.7 billion USD, up 1% compared to 2021.
Last year, the key export markets for mobile phones and components were China, the US, the EU, the RoK, the UAE, and Hong Kong (China). Mainland China is Vietnam’s largest export market with a turnover of 16.3 billion USD, up 7.1% compared to 2021. It was followed by the US market with 11.9 billion USD./.
VNA
