US-Vietnam trade hits US$10 billion

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Báo Dân Trí English - 39 month(s) ago 63 readings

US-Vietnam trade hits US$10 billion

Two-way trade turnover between Vietnam and the US in the first half of this year reached US$10 billion, an increase of 21 percent over last year’s same period, said the US International Trade Commission (ITC).

Accordingly Vietnam imported nearly US$7.92 billion and exported US$2.07 billion.

Garment topped the list of items (US$3.04 billion), followed by footwear (over US$967 million), furniture (US$837 million), electric applicants and audio devices (US$403 million) and seafood (US$332.6 million).

US exports to Vietnam included cotton (more than US$262 million) followed by steel (second at US$132.6 million) and machinery and vehicles (US$186 million).

The Vietnam Trade Office in the US estimated the two countries’ two-way trade in 2011 at US$20 billion, 10 percent higher than last years’ record figure of US$18.321 billion.

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