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US becomes biggest buyer of Vietnam smartphones

By Aiko Tanaka
1 min read
web smartphones 1 getty
web smartphones 1 getty
In this article (5)

The U.S. has surpassed China to become the biggest buyer of smartphones and parts from Vietnam in the first six months with a purchase value of $6.61 billion, up nearly 54 percent year-on-year.

It was followed by China at $6.45 billion, up nearly 17 percent, according to Vietnam Customs.

Exports of smartphones and parts to the EU fell 7.7 percent to $3.3 billion.

Vietnam’s top import market of smartphones and parts was South Korea at $5.1 billion, up 28 percent year-on-year.

It was followed by China at $4.2 billion, down 0.1 percent.

Vietnam’s exports of these items to all markets reached $29.17 billion in the first six months, up 16.4 percent year-on-year.

Questions & Answers

Q.

Which country is now the largest importer of smartphones and parts from Vietnam?

A.

The US has become the largest importer, with a purchase value of $6.61 billion in the first six months, exceeding China's $6.45 billion.

Q.

How much did Vietnam's overall smartphone and parts exports grow in the first half of the year?

A.

Vietnam's total exports of these items to all markets reached $29.17 billion in the first six months, representing a 16.4 percent increase year-on-year.

Q.

What was the trend for Vietnam's smartphone and parts exports to the EU?

A.

Exports of smartphones and parts from Vietnam to the EU saw a decline, falling by 7.7 percent to a value of $3.3 billion.

Q.

Which country was Vietnam's primary source for importing smartphones and parts?

A.

South Korea was Vietnam's top import market for smartphones and parts, supplying $5.1 billion, an increase of 28 percent year-on-year.

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