Export turnover of mobile phones and spare parts hit US$ 33 bln
16:02 | 09/09/2019

VGP – Eight out of 26 exports earned over US$ 1 billion, accounting for 89.5% of total export turnover in the first eight months of 2019, the Ministry of Industry and Trade reported.

 

In the January-August period, export turnover was estimated at US$ 169.98 billion, representing a year-on-year growth of 7.3%. 

In the reviewed period, 26 commodities earned over US$ 1 billion export turnover each, accounting for 89.5% of total export turnover including five with over US$ 10 billion. 

Mobile phones and spare parts were the biggest hard currency earner by pocketing US$ 33 billion, accounting for 19.4% of the total, representing a year-on-year growth of 4.3%. Electronic products, computers and spare parts earned US$ 21.9 billion of export turnover, representing a year-on-year growth of 14.3%; followed by garments and textiles with US$ 21.7 billion, up 9.8%; footwear with US$ 12 billion, up 13.1%; machines and equipments with US$ 11.3 billion, up 5.8%; furniture with US$ 6.5 billion, up 15.4%; transport vehicles and spare parts with US$ 5.7 billion, up 7%. 

The U.S. was the largest importer of Viet Nam with US$ 38.6 billion of turnover, posting a year-on-year growth of 25.3%. 

Viet Nam’s export turnovers to the EU market hit US$ 27.7 billion, seeing a year-on-year decline of 0.5%; to China with US$ 23.8 billion (down 2.5%); ASEAN with US$ 17.3 billion (up 3.6%); Japan with US$ 13.4 billion (up 9.9%); the Republic of Korea with US$ 12.6 billion, up 5.3%./. 

By Kim Loan 

 


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