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Phone, component exports hit 5.5 billion USD in January

Vietnam earned over 5.5 billion USD from exporting phones and components in January, up 50.4% month-on-month.

Compared to that in the same month of 2023, the figure increased by 11.4%, according to the General Department of Vietnam Customs.

The US was Vietnam’s biggest importer of this commodity group, with a total value of 1.39 billion USD, or 25%.

Last year, the export turnover of phones and component parts hit 52.3 billion USD, making the group rank second in terms of value among Vietnam’s exports.

VNA