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Statistics from the General Department of Customs show that for the year of 2021, export revenue of phones of all kinds and phone components reached $57.54 billion, up 12.4% compared to 2020. Export earnings from the Chinese market were estimated at $15.18 billion, up 23%; $ 9.69 billion from the US, up 10.3%; and $7.89 billion from the EU, down 9.1% compared to the previous year.

The export turnover of 'Made in Vietnam' phones in 2021 hit a record, far surpassing that of the second largest export product group of computers, electronic products and components with $50.83 billion. If in 2010, export revenue of phones and components only reached $2.3 billion, five years later it rose by 13 times to $30.2 billion. So far, the export value has increased 25 times compared to 2010.

Samsung is still the largest electronics and phone manufacturer in Vietnam.

In 2021, Vietnam had eight export products with export revenue of over $10 billion, including phones of all kinds and components with $57.54 billion; computers, electronic products and components - $50.83 billion; machinery, equipment, tools and spare parts - $38.34 billion; textile and garment products - $32.35 billion; footwear of all kinds - $17.75 billion; wood and wood products -$14.81 billion; iron and steel of all kinds - $11.8 billion; means of transport and spare parts - $10.62 billion.

In 2021, the total export value of Vietnam reached $336.31 billion, up 19%, equivalent to an increase of $53.68 billion over 2020.

Le Ha

iPhone contributes huge revenue to Vietnamese tech retailers

iPhone is in the group of smartphones that bring in the highest revenue for Vietnamese retailers.