Thailand occupies 50% of Vietnam household appliances market share

Friday, 24/03/2017 19:38
In the first two months of the year, Vietnam imported USD238.5 million of household electrical appliances and components, up 5.15% over a year earlier, according to statistics of the General Department of Customs.

Photo for illustration. (Source: dantri.com.vn)

In February alone, the import turnover of the commodity reached USD155.3 million, a 85.3% rise from the previous month.

During the period, Thailand surpassed China to become the main market for Vietnam's import of the commodity, with a turnover of USD120 million, up 3.1% year on year or accounting for 54.5% of the total.

For China, the market saw a year-on-year decrease of 2.49% in shipping the commodity to Vietnam, valued at USD42.5 million, followed by Malaysia at USD32.9 million (down 8.62%).

Import turnover from Italy, while posting only USD1.9 million, witnessed sharp growth of 167.7%./.

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