2023
Exports
$5.61BWorld Rnk 2 / 213
Flag Rnk 13 / 1173
2023
PRODUCT COMPLEXITY IN Telephones
0.76Rnk 264 / 1025
2023
Imports
$6.47BWorld Rnk 3 / 222
Flag Rnk 3 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $5.61B in Telephones, making it the 2nd largest exporter of Telephones in the world. At the same year, Telephones was the 13th most exported product in Vietnam. The main destination of Telephones exports from Vietnam are: Argentina ($730M), Brazil ($718M), China ($664M), Hong Kong ($613M), and India ($577M).

The fastest growing export markets for Telephones of Vietnam between 2022 and 2023 were Japan ($150M), India ($133M), and Brazil ($117M).

Imports In 2023, Vietnam imported $6.47B in Telephones, becoming the 3rd largest importer of Telephones in the world. At the same year, Telephones was the 3rd most imported product in Vietnam. Vietnam imports Telephones primarily from: China ($5.81B), Singapore ($290M), Hong Kong ($242M), Netherlands ($23.3M), and Japan ($15.2M).

The fastest growing import markets in Telephones for Vietnam between 2022 and 2023 were Singapore ($283M), Netherlands ($21M), and United Arab Emirates ($7.76M).

COMPANIES In 2024, leading companies such as LG Electronics (86), Stanley Black & Decker (18), and HP Inc (11) were at the forefront of shipping Telephones from Vietnam to the United States.

Latest Trends

Dec 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 (2023)$5.61B
IMPORTS (2023)$6.47B
NET TRADE (2023)-$862M

In 2023, Vietnam exported $5.61B in Telephones. The main destinations of Vietnam exports on Telephones were Argentina ($730M), Brazil ($718M), China ($664M), Hong Kong ($613M), and India ($577M).

In 2023, Vietnam imported $6.47B in Telephones, mainly from China ($5.81B), Singapore ($290M), Hong Kong ($242M), Netherlands ($23.3M), and Japan ($15.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Japan$150M (86.6%)
India$133M (30%)
Brazil$117M (19.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Vietnam WERE (2022 - 2023):
China-$5.74B (-89.6%)
South Korea-$2.51B (-100%)
Hong Kong-$804M (-56.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Telephones were:
In 2023, Vietnam's main importing competitors in Telephones were:
India $10.3B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.28B
TOP IMPORT POTENTIALChina+ $3.11B

Telephones’s highest export potential is China. With an export gap of $2.28B.   Telephones’s highest import potential is China with an import gap of $3.11B.

See methodology.

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