Major markets sharply raise imports of cameras and camcorders from Vietnam
The export of cameras, camcorders and components earned more than 720 million USD last month, an increase of 75.6% year-on-year, according to the General Statistics Office (GSO).
Export of cameras, camcorders and components brings in more than 7.6 billion USD last year. (Photo: vneconomy.vn)
Hanoi (VNS/VNA) - The export of cameras, camcorders and componentsearned more than 720 million USD last month, an increase of 75.6% year-on-year,according to the General Statistics Office (GSO).
Overall, this product group earned more than 2.15 billion USD in the firstquarter of this year, an increase of 69.5% over the same period last year.
The standout feature of this selection of export goods is the notable surge inimports across all key markets.
China was the largest market for Vietnamese cameras, camcorders and componentswith more than 931.72 million USD as of February 29, a sharp increase of 105%over the same period last year. Thus, the Chinese market accounts for 43% ofthis product.
The US is Vietnam's second largest market with a turnover of more than 136million USD in the first two months of the year, accounting for 6.3%.
The Republic of Korea (RoK) ranked third with more than 92.8 million USD, anincrease of 22.5% over the same period last year, and the proportion reached4.3%.
Besides the three main markets above, Vietnam also exports to Hong Kong(China), Japan and India.
By the close of the first quarter of this year, this product category hasemerged as the second-fastest-growing, trailing only behind plastic products.
The export of cameras, camcorders and components brought in more than 7.6billion USD last year, an increase of 19.5% over the same period, to be theproduct with the third highest growth rate, only after fruits and vegetablesand rice./.
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Export of cameras, camcorders and components brings in more than 7.6 billion USD last year. (Photo: vneconomy.vn) 
