Friday , May 3 2024

US becomes biggest buyer of Vietnam smartphones


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.

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