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Exports to U.S increased 25.7 per cent in two months 

 Wednesday, April 8,2020

AsemconnectVietnam - According to the preliminary statistics figures of the General Department of Customs, Vietnam’s total imports of goods from the US reached 2.18 million USD and the country’s exports of goods to this market reached 10.26 billion USD in the first two months of this year.

In the first 2 months of 2020, many commodity groups exported to the US market have a strong growth in turnover, of which 3 commodity groups accounted for the largest market share with a turnover of billions of USD. With the largest proportion of 21.92 per cent, the group of textiles and garments reached 2.25 billion USD, up by 5.25 per cent over the same period last year.

Mobile phones and accessories group ranked second with 18.16 per cent of the total market share, gaining 1.86 billion USD, up by 33.38 per cent. This group in February 202020 alone has increased to 238.77 per cent in value compared to the previous month. Computer, electronic products and components saw strong growth of 134.57 per cent to 1.2 billion USD, accounting for 11.72 per cent of the total market share.

Among 9 commodity groups with a turnover of hundreds of millions of USD, the group of toys, sports equipment and parts got the highest export turnover,  increased by 148.29 per cent to 180.4 million USD; Other machines, equipment, tools and spare parts increased by 53.31 per cent to 952.37 million USD; Plastic products increased by 41.99 per cent to 112.67 million USD.

Vietnam’s exports of goods to the U.S in the first 2 months of 2020 –
according to the figures of the General Department of Customs – Unit: USD
Item
February of 2020
Vs. January of 2020 (%)
First 2 months of 2020
Vs. first 2 months of 2019 (%)
Market share  (%)
Toal
5,508,040,891
15.58
10,261,880,266
25.7
100
Textiles and garments
1,034,968,397
-15.09
2,249,437,137
5.25
21.92
Phones and accessories
1,440,085,767
238.77
1,863,139,184
33.38
18.16
Computers, electronics and components
612,230,162
3.65
1,202,386,232
134.57
11.72
Footwear of all kinds
479,734,948
-5.45
985,190,979
7.38
9.6
Machines, equipment, tools and spare parts
453,141,821
-9.32
952,371,123
53.31
9.28
Wood and furniture
377,032,548
-12.63
807,951,729
27.01
7.87
Means of transport and spare parts
131,863,118
5.44
256,891,850
12.51
2.5
Handbags, wallets, suitcases, hats and umbrellas
101,394,046
-15.15
220,756,389
-4.23
2.15
Toys, sport equipment and spare parts
94,653,653
9.89
180,405,765
148.29
1.76
Seafood
93,103,058
7.41
179,511,676
0.8
1.75
Cashew nuts
72,668,827
35.68
126,225,879
3.56
1.23
Plastic products
55,854,313
-1.8
112,672,307
41.99
1.1
Iron and steel products
42,482,161
1.49
84,301,915
-7.55
0.82
Other metals and products
41,975,750
38.59
72,214,757
23.61
0.7
Electric wires and cables
27,256,533
-13.93
58,965,922
104.09
0.57
Precious stones, metals and products
32,370,077
32.4
56,818,465
1.48
0.55
Coffee
23,324,984
-5.78
48,079,900
-9.47
0.47
Paper and products
14,921,132
-8.6
31,176,677
70.21
0.3
Rubber products
16,630,408
17.45
30,790,388
18.74
0.3
Bamboo, rattan, sedge and carpet products
15,324,919
2.05
30,341,614
66.68
0.3
Ceramic and porcelain products
11,390,712
-17.23
25,150,163
23.68
0.25
Technical fabrics
11,932,158
-5.25
24,525,304
-35.12
0.24
Iron and steel of all kinds
15,613,089
79.98
24,287,829
-71.28
0.24
Fruit and vegetables
11,648,100
6.54
22,586,132
16.32
0.22
Pepper
12,055,762
45.56
20,333,296
-12.38
0.2
Cameras, camcorders and components
5,296,962
-43.64
14,695,764
33.34
0.14
Textile, garment, leather and footwear materials
6,648,370
-8.95
13,950,189
64.21
0.14
Glass and products
5,291,149
-20.77
11,968,321
41.84
0.12
Animal feed and materials
5,762,110
14.56
10,765,803
173.12
0.1
Fibers of all kinds
6,729,224
73.86
10,599,669
17.49
0.1
Confectionery and grain products
5,161,803
9.66
9,869,080
18.24
0.1
Rubber
3,874,159
38.54
6,670,485
-5.71
0.07
Chemical products
2,650,931
12.69
5,003,288
20.54
0.05
Chemicals
2,170,189
23.98
3,920,655
3.7
0.04
Rice
856,429
19.86
1,570,961
49.49
0.02
Tea
845,065
116.63
1,235,164
14.49
0.01
Others
239,098,056
-10.34
505,118,274
17.57
4.92
CK
Source: VITIC/Vinanet.vn

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