The World News AM
Saturday, May 17, 2025
  • Login
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
The World News AM
No Result
View All Result
Home Vietnam

Vietnam imports over 3 billion USD worth of mobile phones, components in Q1

WNAM: by WNAM:
May 22, 2024
in Vietnam
0
Vietnam imports over 3 billion USD worth of mobile phones, components in Q1
0
SHARES
13
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Hanoi: Vietnam’s import of mobile phones and components reached over 3 billion USD during the first quarter of 2024, according to data from the General Department of Vietnam Customs.

The first quarter of 2024 saw the Southeast Asian country import more than 3.07 billion worth of mobile phones and components, a 22.4% increase compared to last year and the fifth largest import of the country. The numbers showed Vietnam spent a total of 789.7 million USD importing mobile phones and components in April, a slight decrease of just 1% compared to the previous month.

Top suppliers included mainland China, the Republic of Korea (RoK) and Hong Kong (China).

Of which, mainland China contributed over 2.66 billion USD, a significant jump of 25% compared to the same period last year, while the RoK contributed 134.5 million USD, a 21% decrease year-on-year. During the period, Hong Kong recorded a significant growth of 275%, or 25.3 million USD.

Other large suppliers included India, the UK, Taiwan (China), the US and Japan.

Meanwhile, Vietnam exported 18.1 billion USD worth of mobile phones and components during the first quarter of the year, a 5% increase year-on-year, accounting for the second largest export from the country, following computers, electronic products and components.

China was the Southeast Asian top exporter of mobile phones. Vietnam has maintained a strong momentum to increase its global market share from just under 1% in 2010 to over 12% in 2022 with the US being the main growth driver. From 2018 to 2022, Vietnam’s market share of smartphone exports to the US doubled from 9% to 18%.

China continued to dominate the world’s mobile phone industry, accounting for nearly half of the global market share despite large falls in demand and supply disruption during the pandemic. Hong Kong has leveraged its strategic location, trade infrastructure and business-friendly environment to become a crucial gateway for smartphone manufacturers, accounting for 9.6% of the global market.

Singapore-based research firm Canalys estimated that 1.13 billion smartphones were shipped in 2023 and are expected to reach over 1.17 billion this year. Production was also expected to reach 1.25 billion units by 2027, with a compound annual growth rate (CAGR) of 2.6% from 2023 to 2027.

ShareTweetShare
WNAM:

WNAM:

Related Posts

Việt Nam’s women strongest in Asian beach handball

Việt Nam’s women strongest in Asian beach handball

by WNAM:
May 17, 2025
0

HÀ NỘI ( WNAM MONITORING ) : Việt Nam defended their title of the Asian Women's Beach Handball Championship and...

Vietnam, Thailand elevate relations to comprehensive strategic partnership

Vietnam, Thailand elevate relations to comprehensive strategic partnership

by WNAM:
May 16, 2025
0

WNAM REPORT: Vietnam and Thailand have officially upgraded their relations to a comprehensive strategic partnership, heard a press conference co-chaired...

Việt Nam forecast to become world’s second-largest rice Importer by 2025–26

Việt Nam forecast to become world’s second-largest rice Importer by 2025–26

by WNAM:
May 16, 2025
0

HÀ NỘI  ( WNAM MONITORING ):  Việt Nam is projected to become the world’s second – largest rice importer in...

Outstanding youngsters to serve as “ambassadors of inspiration”: President

Outstanding youngsters to serve as “ambassadors of inspiration”: President

by WNAM:
May 15, 2025
0

WNAM REPORT: State President Luong Cuong on May 15 attended and delivered a keynote address at a ceremony honouring 500...

VINAMAC EXPO 2025 opens in Hà Nội with over 250 exhibitors

VINAMAC EXPO 2025 opens in Hà Nội with over 250 exhibitors

by WNAM:
May 15, 2025
0

HÀ NỘI ( WNAM MONITORING ): The International Exhibition on Industrial Machinery, Equipment, Technology and Products in Việt Nam (VINAMAC...

Next Post
Azerbaijan’s Prime Minister to visit Iran

Azerbaijan's Prime Minister to visit Iran

Crowds gather ahead of Iranian president’s funeral

Crowds gather ahead of Iranian president's funeral

  • Home
  • World
  • Gulf
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In