HANOI, Aug. 2 (Xinhua) -- Vietnam earned roughly 27.3 billion U.S. dollars from exporting phones and components in the first seven months of this year, mainly to the European Union, the United States and South Korea, posting a year-on-year increase of 3.1 percent, the country's Ministry of Industry and Trade said on Friday.
In July alone, the country reaped 3.8 billion U.S. dollars from selling the products overseas, down 1.9 percent against July 2018.
From January to July, Vietnam also spent nearly 7.1 billion U.S. dollars importing phones and their components, seeing a year-on-year drop of 4.6 percent.
In 2018, phones and their components fetched the country more than 50 billion U.S. dollars, the biggest export turnover among Vietnamese export items, increasing 10.5 percent against 2017 and representing over 20 percent of its total export revenues, according to its General Statistics Office.