US spends over US$13 billion purchasing local computers and electronics
As of mid-November, the import-export revenue of computers, electronic products, and components reached US$121.6 billion, duly accounting for 18.86% of the country’s total import and export turnover, with exports rising by 12.6% to reach US$48.3 billion.
The US takes the lead among countries importing these products from the Vietnamese market, followed by China, the EU, and the Republic of Korea.
Last year witnessed the total import-export turnover of computers, electronic products, and components reach US$130.3 billion, of which exports and imports hit roughly US$51 billion and US$75.5 billion, respectively
Most notably, foreign-invested enterprises raked in over US$49.7 billion from exports of computers and electronic components, marking an increase of 15.2% over the previous year and accounting for 97.8% of the country's total export turnover.
According to details given by the General Department of Vietnam Customs, the country’s total import-export value by mid-November surged by 13.1% to nearly US$644.7 billion, up 13.1% compared to the same period from last year.