Vietnam has consistently maintained its position as the world’s second-largest smartphone exporter. By 2022, Vietnam’s share of smartphone exports reached 12% of the global market, while its competitor, India, secured the seventh spot with a modest export share of just over 2.5%12. Notably, China continued to dominate the market, exporting half of the world’s smartphones during the same year.
Other significant players in the export market include Hong Kong, the UAE, the Czech Republic, the US, and the Republic of Korea.
In January, Vietnam’s exports of phones and components exceeded $5.5 billion USD, marking a remarkable 50.4% increase compared to December 2023 and an 11.4% year-on-year growth1. The US and China emerged as the largest customers for Vietnamese phones and components. Specifically, Vietnam’s exports to the US amounted to $1.39 billion USD, constituting 25% of total exports. China followed closely with approximately $734 million USD (13%), and the Republic of Korea ranked third with $330 million USD.
Interestingly, in 2010, phone components accounted for only 3.2% of Vietnam’s total national export value. However, this category experienced substantial growth, with an annual average growth rate of 34% in export value from 2011 to 2021.
Despite a 9.7% decline in overseas shipments of phones and accessories in 2023, the sector still ranked second in export value, trailing only behind computers, electronics, and components1. Furthermore, an HSBC report revealed that in 2021, Vietnam held 13% of the global smartphone market share, solidifying its position as the second-largest smartphone exporter worldwide.
Vietnam has also become an attractive destination for major players in the global phone and component industry, including Apple. Currently, approximately 25 Apple suppliers have established factories in Vietnam, as reported by vtv.vn.
I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to
More
understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia.
I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine.
I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan"
I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy
Less
View all posts
