Export telephone collect nearly $US 4.4 billion thanks to Samsung Galaxy S8

The chart of the three biggest mobile phone export markets in Vietnam and the rest of the markets, by the end of April 2017. Draw by T.Bình

This is a remarkable news because the export results of nearly 4.4 billion USD of telephones and components occurred in the context of the largest export item of our country has signs of continuous decline in the early months.

As a result, April was the most expensive month from the beginning of the year until now, with the largest amount of export turnover of phones and components. It achieved more than 1 billion USD compared to the last 3 months and increase double export value compared to the previous month in January of 2017.

The development of export turnover value of telephone in the first 4 months in 2017, calculation unit in " billion USD". Draw by T.Bình

The extraordinary growth in April contributed to reverse the growth of exports of phones and components from negative 6.1% to 6.9% in the period of the end of the first quarter 2017 to the end of April.

At the end of April, the total export turnover this commodity reached 12.148 billion USD, accounting for nearly 19.6% of the total export turnover of the country.

Among Vietnam's telephone export markets, there are three markets with a turnover of 1 billion USD and more. In that, leading market is the United States that reached 1.392 billion USD; The United Arab Emirates (UAE) reached 1.252 billion USD; South Korea reached 1.117 billion USD.

Although there is no official information, the strong growth in export turnover of phones in April could seem as having a strong connection to the event of Samsung Group officially launched the Galaxy S8 product line. ( from 29/3/2017 in the United States). By now, in Vietnam, Samsung is a major producer and exporter of telephones and power plants in Bac Ninh and Thai Nguyen, where it also manufactures large quantities of electrical products of Samsung's mainline smartphone.

With the reversal of phones and components, by the end of April, the 10 largest export commodities in our country showed the positive growth compared with the same period of 2016.

In particular, the item has high growth rate with double-digit can be mentioned as: Computers, electronic products and components increased by 45.9%; Machinery, equipment, spare parts increased by 36.9%; Vehicles and spare parts increased by 14.4%, etc.