2022
Exports | Imports
$24.4B | $9.43BWorld Rnk 2 / 214
Flag Rnk 2 / 1176
World Rnk 3 / 222
Flag Rnk 4 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Telephones
0.49Rnk 381 / 1025

About

Exports In 2022, Vietnam exported $24.4B in Telephones, making it the 2nd largest exporter of Telephones in the world. At the same year, Telephones was the 2nd most exported product in Vietnam. The main destination of Telephones exports from Vietnam are: China ($15.1B), South Korea ($2.93B), Hong Kong ($1.7B), India ($927M), and United States ($670M).

The fastest growing export markets for Telephones of Vietnam between 2021 and 2022 were Thailand ($258M), United States ($131M), and Chinese Taipei ($40.8M).

Imports In 2022, Vietnam imported $9.43B in Telephones, becoming the 3rd largest importer of Telephones in the world. At the same year, Telephones was the 4th most imported product in Vietnam. Vietnam imports Telephones primarily from: China ($6.58B), South Korea ($2.17B), Hong Kong ($330M), Philippines ($114M), and Chinese Taipei ($94.6M).

The fastest growing import markets in Telephones for Vietnam between 2021 and 2022 were Hong Kong ($161M), Chinese Taipei ($18.7M), and Netherlands ($9.21M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (8.01k), SAMSUNG ELECTRONICS AMERICA (1.05k), and HOME DEPOT, U. S. A., INC. (374) were at the forefront of shipping Telephones from Vietnam to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Telephones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.4B
IMPORTS (2022)$9.43B
NET TRADE (2022)$14.9B

In 2022, Vietnam exported $24.4B in Telephones. The main destinations of Vietnam exports on Telephones were China ($15.1B), South Korea ($2.93B), Hong Kong ($1.7B), India ($927M), and United States ($670M).

In 2022, Vietnam imported $9.43B in Telephones, mainly from China ($6.58B), South Korea ($2.17B), Hong Kong ($330M), Philippines ($114M), and Chinese Taipei ($94.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$258M (200%)
United States$131M (24.2%)
Chinese Taipei$40.8M (80.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Vietnam WERE (2021 - 2022):
Hong Kong-$417M (-19.7%)
China-$408M (-2.63%)
South Korea-$373M (-11.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Telephones were:
In 2022, Vietnam's main importing competitors in Telephones were:
China $21.3B

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Trade Value of Telephones by Exporters

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