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iPhone imports cost Vietnam $1.6B

By Tuan Hung   April 30, 2023 | 03:00 pm PT
iPhone imports cost Vietnam $1.6B
iPhone 14 Pro and 14 Plus sold in Vietnam from October, 2022. Photo by VnExpress/ Tuan Hung
iPhone imports cost Vietnam US$1.61 billion last year, equivalent to 46% of all phone imports.

Total imports were up 10.5% to $3.5 billion, with Samsung, Oppo and Xiaomi accounting for most of the rest, according to the Ministry of Industry and Trade.

Samsung imports cost $940 million, and that of Oppo, $442 million.

Almost $18 worth of components were also imported, and South Korea and China accounted for 93% of phone and part imports.

Many Apple distributors said the more expensive an iPhone model, the higher the demand.

Some 210.5 million phones worth VND663.7 trillion were manufactured in Vietnam last year, down 9.1% in volume but up 15.1% in value, according to the ministry.

Exports fetched the country $33.32 billion, with Samsung alone accounting for $31.42 billion.

 
 
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