Mobile phones exported to South Korea increased by more than 100%

While mobile phones exported to important markets slightly increased or decreased, mobile phones exported to South Korea sharply increased by 107.7%.

 
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Illustrative photo.

According to the latest statistics of the General Department of Vietnam Customs, in January 2017, Vietnam exported mobile phones to 37 countries and territories.

Notably, compared to the same period in 2016, South Korea has surpassed the United Arab Emirates (UAE) to become the largest export market of Vietnam in the field of mobile phones and components.

Specifically, in January 2017, mobile phones and components exported to South Korea reached $US 229.6 million, an increase of $US 125.6 million compared to the same period in 2016, equivalent to an increase of 107.7%.

Meanwhile in the UAE market, exported mobile phones of Vietnam fell from $US 365 million in January 2016 to $US 228.5 million in January 2017, equivalent to a decrease of 37.4%.

By the end of January 2017, mobile phones and components continued to be the largest export item of Vietnam with a turnover of $US 2,329 billion, an increase of 2.6% compared to the same period in 2016.