Cell phones and accessories export value Vietnam 2016-2023
In 2023, Vietnam exported over 52.38 billion U.S. dollars’ worth of mobile phones and phone accessories, indicating a decrease compared to the year before. Mobile phones and spare parts are among the leading export commodities of Vietnam.
Mobile phones - Vietnam’s most valuable export commodity
Phones and phone parts played a major role in Vietnam’s success story as an export-oriented economy. For a few years in a row, the value of export of these products surpassed all other made-in-Vietnam commodities, including computers, garments and textiles, and wood products. This can be explained by the fact that Vietnam has been Samsung’s biggest production hub outside of South Korea, the tech giant’s home country. The Vietnamese facilities of Samsung have been responsible for over half of the total mobile phone production volume under this brand, and the majority of phone exports are from Vietnam.
Smartphone market in Vietnam
Apart from being one of the leading smartphone producing and exporting countries, Vietnam has one of the highest numbers of users of smartphones worldwide. Although most of the smartphones made in the country were Samsung’s products, Apple has been the market leader among Vietnamese consumers, beating Samsung by a small margin. Affordable smartphone brands such as Oppo, Xiaomi, and Vivo have also been gaining their foothold in the Vietnamese market, targeting younger consumers who look for more budget-friendly smartphone options.