Vietnam’s exports of phones and accessories reached $5.66 billion in January, rising 39.6% from the previous month and 17.3% year-on-year, according to the General Department of Vietnam Customs.

China remained the largest importer, with shipments valued at $1.31 billion, up 117% year-on-year. It was followed by the United States at $1.04 billion, down 7.2%; the European Union at $900 million, up 6%; and the Republic of Korea at $407 million, up 59.9%.

Meanwhile, exports of computers, electronic products and accessories generated $9.56 billion in revenue, surging 57.6% compared to the same period last year.

The United States was the biggest market, with imports worth $3.79 billion, up 72.8%. China ranked second with $1.46 billion, up 63.1%, followed by the European Union with $944 million, an increase of 12.5%, and the Republic of Korea with $878 million, up 33.7%.

Source: VnEconomy