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Vietnam’s exports to US up 20 percent

Thursday, 15/09/2011, 16:01 GMT+7

Vietnam ’s exports to the US in the first seven months of this year earned more than 9.63 billion USD, a surge of 20.7 percent against the same period last year, according to the US International Trade Commission.

 

 Among Vietnam ’s export items to the US , garments and textiles took the lead with 3.64 billion USD, a year-on-year increase of 18 percent, followed by footwear with nearly 1.15 billion USD, up 24.5 percent, and wood products with 998.5 million USD, up 4 percent.

The country’s electric and audio equipment brought home 485 million USD while fisheries and seafood generated 401 million USD.
 
Ảnh minh họa. (Nguồn: TTXVN)

During the reviewed period, Vietnam imported 2.46 billion USD worth of goods from the US , a rise of 19.9 percent over 2010.

Cotton materials, including yarn and cloth, topped the country’s import items from the US with turnover standing at 282.8 million USD, a year-on-year increase of 123 percent. It was followed by transport vehicles with 210 million USD, up 50 percent; and machinery, mechanical equipment and spare parts with 207.4 million USD, up 7 percent.

Vietnam-US two way trade is expected to reach 20 billion USD this year, up 10 percent against 2010 and a 13-fold increase over 2001./.