Several products exported to Japan see slumps in turnover

SGGP
According to the Asia-Africa Market Department under the Ministry of Industry and Trade, in the first quarter of this year, although export turnover of Vietnam to Japan’s market rose 6.7 percent compared to the same period last year, some key export products have seen sharp declines.
Particularly, exports of cell phones and components dropped heavily compared to the same period last year when merely reaching US$98.2 million, a decrease of 31.9 percent. This was caused by a slump in production of Samsung. The group’s global cell phone sales in the last quarter of last year were merely 70.4 million units, the lowest level in the past six years.
Exports of vegetables and fruits also slightly slid by 0.5 percent compared to the same period last year to touch $28.2 million.
In addition, the number of shipments of agricultural products exported to Japan being returned is higher than previous years, causing shipments of fresh dragon fruit to be intensively checked for 30 percent of total shipments imported into Japan.
Because of difficult customs clearance, some Japanese importers have become more cautious of Vietnamese vegetables and fruits. At the same time, some steel and iron products and automobile spare parts also tend to decline.

By Minh Hai – Translated by Thuy Doan

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