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Vietnam – U.S trade exchange increased in four months 

 Wednesday, June 13,2018

AsemconnectVietnam - The bilateral trade exchange between Vietnam and the U.S reached US$ 17.33 billion in the first four months of this year, increased by 12.1 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

Of the figure, Vietnam exported US$ 13.82 billion worth of goods to the U.S, increased by 11 per cent over the same period last year, and imported $3.51 billion from the U.S, up by 16.3 per cent year – on - year.
 
So in the first four months of this year, Vietnam got $ 10.31 billion of surplus in trade exchange with the U.S, increased by 9.4 per cent over the same period last year.

Computers, electronics and components were leading the list of items imported by the country from the
U.S with $ 976.1 million in the first four months of this year, accounted for 27.8 per cent of the total and increased by 9.2 per cent year – on – year.  

It was followed by cotton of all kinds with $ 485.91 million, up by 3 per cent; and then machines, equipment and spare parts - $ 286.98 million, up by 3.5 per cent; animal feed and materials - $ 198.11 million, up by 28.6 per cent.

In the first four months of this year, Vietnam’s import of ordinary metals from the U.S increased sharply by 136.4 per cent to $ 4.37 million; iron and steel scraps – up by 121.6 per cent to $ 128.94 million; means of transport and spare parts – up by 116.3 per cent to $ 100.29 million; fruits and vegetables – up by 115.8 per cent to $ 45.45 million.

However, the imports of telephones and components from the U.S decreased sharply by 94.6 per cent to over $ 1.86 million; and the imports of autos; cameras; glass; and pesticides from the US also decreased by 91.7 per cent; 79 per cent; 36.2 per cent and 35.8 per cent, respectively over the same period last year.

Vietnam’s imports of goods from the U.S in the first four months of 2018- 
Unit: US$ - source: VITIC – according to the figures of the General Department of Customs
Item
April of 2018
April of 2018 vs. March of 2018 (%)
First 4 months of 2018
First four months of 2018 vs. same period of 2017 (%)
Total import value
830,718,064
-18.86
3,512,873,919
16.3
Computers, electronics and components
177,072,672
-36.89
976,095,810
9.2
Cotton of all kinds
144,606,098
-6.87
485,908,270
2.96
Machines, equipment and spare parts
73,168,063
-15.57
286,982,705
3.49
Animal feed and materials
51,592,239
-36.4
198,110,983
28.6
Soybean
10,421,950
-76.58
157,931,946
57.57
Iron and steel scraps
19,093,363
-51.04
128,938,697
121.61
Textile, garment, leather and footwear materials
26,196,253
-32.76
118,829,642
13.97
Means of transport and spare parts
16,362,605
-29.39
100,293,161
116.33
Chemical products
25,572,996
-2.83
91,979,040
20.43
Wood and furniture
20,895,329
-21.56
89,265,965
17.6
Plastics
25,266,220
-0.56
88,521,711
-4.5
Other food products
15,931,769
-12.28
53,971,567
14.42
Chemicals
18,112,839
61.61
48,200,449
18.15
Fruits and vegetables
6,533,071
-28.88
45,450,003
115.79
Plastic products
10,481,042
-8.7
38,764,938
22.88
Milk and dairy products
6,361,566
-53.53
37,585,061
43.7
Pharmaceutical materials
10,361,303
-10.1
34,002,619
-19.25
Glass and products
6,243,770
-40.82
28,117,669
-36.22
Wheat
6,850,660
5.867.63
24,342,565
4.679.35
Seafood
5,694,343
58.02
16,318,047
28.45
Iron and steel products
3,929,605
-15.5
16,281,168
-1.16
Hygiene products
4,060,041
-3.6
15,050,108
22.69
Rubber
3,734,891
20.05
11,087,946
-16.88
Metal products
2,006,764
-53.66
10,850,431
23.1
Other oil products
1,822,400
-64.36
10,271,919
-26.01
Ores and minerals
1,960,732
28.64
8,091,809
32.89
Fabrics
2,248,983
-7.4
7,942,176
-25.35
Tobacco materials
2,826,056
23.46
6,478,895
-0.41
Electric wires and cables
1,385,702
72.29
5,750,993
31.18
Paper of all kinds
1,313,104
9.36
5,315,465
-34.36
Rubber products
1,336,031
-15.4
5,112,982
12.53
Fertilizer of all kinds
391,191
-78.89
4,833,171
5.97
Cameras, camcorders and components
1,157,821
-59.29
4,728,991
-79.03
Other ordinary metals
1,315,071
-6
4,369,161
136.38
Precious stones, metals and products
739,803
-44.13
4,351,751
-20.88
Iron and steel of all kinds
1,317,645
-20.63
4,157,289
61
Paper products
829,067
14.61
3,267,807
16.15
Auto components and spare parts
744,122
-13.33
2,611,539
-18.33
CBU autos and spare parts
436,881
74.6
2,410,597
-91.73
Oil and grease
314,401
-51.58
2,237,877
-18.53
Telephones and components
386,585
-61.92
1,860,719
-94.59
Pesticides and materials
359,184
-33.27
1,731,984
-35.79
Confectionery and grain products
339,868
-34.82
1,613,452
12.07
CK
Source: VITIC

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