Since the Vietnam – US trade agreement took effect in 2000, trade turnover between the two countries continued to grow at a high level. While the export turnover only reached USD730 million in 2000, the figure amounted to USD41.6 billion in 2017.
Vietnam has 7 commodity groups earning export turnover of more than USD1 billion in the US in the nine months, down 1 group (handbag, purse, hat and umbrella, at USD952 million) compared to the same period last year.
Garments and textiles topped the list with a turnover of USD10.33 billion, increasing by 11.6% over a year earlier and making up 46% of the total.
Footwear earned USD4.27 billion, a year-on-year rise of 13.5% and making up 12.2%.
Exports of telephones and components were valued at USD619 million in September, bringing the total figure for the nine months to USD4.12 billion, a sharp rise of 43.6% and making up 11.8%.
Wood and wooden products bagged USD337 million this month, bringing the total figure for the nine months to USD2.73 billion, up 15.7% and making up 7.8%.
Export value of computer, electronic products and spare parts reached USD235 million this month, raising the figure for the nine months to USD2.07, down 14.1% and accounting for 5.9%.
The two remaining groups earning export turnover of more than USD1 billion are machinery, devices and accessories (USD2.34 billion, up 29.6%) and seafood (USD1.14 billion, up 9.2%).
Statistics of Vietnam General Department of Customs showed imports from the US reached USD9.55 billion in the nine months, up 36.9% over a year earlier and making up 5.5%./.BTA
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