Vietnam’s exports to US continue to rise

The US Department of Commerce has announced that Vietnam’s exports to the US in the first seven months of the year earned 7.9 billion USD, an increase of 14 percent over the same period last year.
The US Department of Commerce has announced that Vietnam’s exports to the US in the first seven months of the year earned 7.9 billion USD, an increase of 14 percent over the same period last year.

Garments and textiles lead amongst Vietnam ’s major export items to the US , making 3.2 billion USD, a year-on-year increase of 12 percent and followed by wooden products and furniture with 985 million USD, up 27 percent and footwear, 910 million USD up 9.6 percent.

Farm produce is still one of Vietnam ’s top five leading export items, ranking in 455 million USD, up 30.7 percent and seafood, 366 million USD, up 5.9 percent.

Also under the reviewed period, Vietnam ’s imports from the US were worth over 2 billion USD, an increase of 19.8 percent, bringing the import-export turnover between the two countries to 9.9 billion USD, an increase of 15.1 percent over the same period last year.

The Vietnamese Embassy’s Office of Commercial Bureau estimates that Vietnam ’s export turnover to the US will hit 14.2 billion USD by the end of this year, a year-on year increase of 15 percent./.

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