Mobile phone exports rise 20% to 51.8 billion USD in the first nine months

 Exports of mobile phones and components rose 20% year-on-year to nearly 51.8 billion USD in the first nine months of 2026, with China, the US and the Republic of Korea accounting for more than half of the total.

Exports to the three markets totalled 26.18 billion USD, accounting for 50.6% of Vietnam's mobile phone and component exports during the period, according to the Vietnam Department of Customs under the Ministry of Finance.

China was the largest destination, with exports valued at 11.3 billion USD, followed by the US at 9.48 billion USD and the Republic of Korea at 5.4 billion USD.

With more than half of its exports going to three major markets, the sector may be vulnerable to shifts in demand or market conditions in those destinations.

Other major markets included the United Arab Emirates, with exports of about 2.5 billion USD, Japan at 2 billion USD, India at 1.8 billion USD, Austria at 1.7 billion USD and Germany at 1 billion USD. Exports to Thailand totalled about 771 million USD.

Mobile phones and components remain one of Vietnam’s major export product groups. Maintaining growth will depend not only on demand in key overseas markets but also on expanding production capacity and increasing domestic value added./.