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Cell phone exports up 114.8%

VGP - Viet Nam's total merchandise import and export turnover in the first month of this year is estimated at $54.1 billion, up 45.7% over the same period last year, according to the report of the Ministry of Industry and Trade (MoIT).

February 02, 2021 6:03 PM GMT+7

Ilustration photo

In January, there were six items with an export turnover of over $1 billion, accounting for 67.3 percent of the total exports.

Of which, mobile phones and components saw the highest export value at $5.8 billion, accounting for 20.9% of total exports, up 114.8%  year-on-year.

By launching the Samsung Galaxy trio, this company achieved an export turnover of US$5.8 billion, up 114.8% compared to the same period last year, contributing to increasing the total import and export turnover of Vietnamese goods  to $54.1 billion, up 45.7%.

Specifically, the export turnover hit $27.7 billion, up 50.5%, while import turnover touched $26.4 billion, up 41%.

Therefore, the merchandise trade balance in January is estimated to have a trade surplus of $1.3 billion.

China was still the largest import market of Viet Nam, with a turnover of $9.6 billion, up 72.7% over the same period last year.

The U.S is Viet Nam's largest export market, with a turnover of $7.5 billion, an increase of 57.4% year-on-year, followed by China, Japan the EU, the ASEAN, and the Republic of Korea.

        By Vien Nhu