Vietnam-US trade turnover increases by nearly 20 pct

Two-way trade turnover between Vietnam and the US in the first quarter of this year reached US$4,743.7 million, up 19.6 percent compared to the same period last year.

According to the US Department of Commerce, Vietnam’s exports hit US$3,693.5 million, up 18 percent against last year’s first-quarter figure.

Garment and textile products continued to top the list with total earnings estimated at US$1,478.3 million, showing a year-on-year increase of 14 percent. They were followed by footwear with US$456.4 million (up 32.3 percent), wood products with US$395.6 million (up 3 percent), electricity equipments with US$194.4 million (up 22.4 percent), and seafood products with US$153.3 million (up 5 percent).

Meanwhile, Vietnam’s imports from the US rose 26.3 percent to US$1,050.2 million. – VOV

Tags: Vietnam US Trade

Posted by VBN on May 13 2011. Filed under Import-Export. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry