Trade turnover between the US and Vietnam in the first five months of this year reached nearly 8.3 billion USD, a year-on-year increase of 21 percent, according to the US Census Bureau's July 12 report.
Vietnam’s total exports to the U.S. increased by 21.7 percent over the same period last year to almost 6.5 billion USD.
Turnover of all the top five Vietnam's exports to the U.S. in five months saw increases over the same period last year. Articles of apparel and clothing accessories retained the first place with five-month value of 2.5 billion USD, a year-on-year increase of 18.8 percent. Ranked second was footwear with 787.4 million USD, up 30 percent; furniture and bedding came third with 683.4 million USD, up 4.6 percent. They were followed by electrical machinery, sound recorders and reproducers with 342.3 million USD, up 16 percent; and then aquatic products with 265.5 million USD, up 46.6 percent.
In the period, US exports to Vietnam increased by 22 percent against the same period last year to 1.78 million USD.
Among U.S. exports to Vietnam, cotton, including yarns and woven fabrics thereof recorded the highest value of 246.7 million USD, up 189 percent over the same period last year. Ranked second was machinery and mechanical appliances, parts thereof with 195.2 million USD, up 8 percent; and followed by vehicles with 161.1 million USD, up 64 percent. Sharing the fourth standing were electrical machinery- equipment and meat with105 million USD.
If US - Vietnam trade turnover in the remaining months of this year retains the growth rates in the first months, plan for trade turnover increase in 2011 by 10 percent over last year's 18.3 billion USD is within reach./.
Vietnam’s total exports to the U.S. increased by 21.7 percent over the same period last year to almost 6.5 billion USD.
Turnover of all the top five Vietnam's exports to the U.S. in five months saw increases over the same period last year. Articles of apparel and clothing accessories retained the first place with five-month value of 2.5 billion USD, a year-on-year increase of 18.8 percent. Ranked second was footwear with 787.4 million USD, up 30 percent; furniture and bedding came third with 683.4 million USD, up 4.6 percent. They were followed by electrical machinery, sound recorders and reproducers with 342.3 million USD, up 16 percent; and then aquatic products with 265.5 million USD, up 46.6 percent.
In the period, US exports to Vietnam increased by 22 percent against the same period last year to 1.78 million USD.
Among U.S. exports to Vietnam, cotton, including yarns and woven fabrics thereof recorded the highest value of 246.7 million USD, up 189 percent over the same period last year. Ranked second was machinery and mechanical appliances, parts thereof with 195.2 million USD, up 8 percent; and followed by vehicles with 161.1 million USD, up 64 percent. Sharing the fourth standing were electrical machinery- equipment and meat with105 million USD.
If US - Vietnam trade turnover in the remaining months of this year retains the growth rates in the first months, plan for trade turnover increase in 2011 by 10 percent over last year's 18.3 billion USD is within reach./.
