Tuesday, August 20,2019 - 5:41 GMT+7  Việt Nam EngLish 

Exports to U.S increased nearly 31s% in first four months of 2019 

 Monday, June 10,2019

AsemconnectVietnam - In the first 4 months of 2019, Vietnam got 13.47 billion USD of surplus in goods trade with the US, up by 30.7 per cent year – on - year.

According to the figures from the General Department of Customs, Vietnam - US trade relations are growing better, in the first 4 months of 2019, the two - way import - export turnover increased by 28.5 per cent over the same period of 2018, with 22.28 billion USD; of which, Vietnam's exports to the U.S grew by 29.3 per cent, reaching 17.87 billion USD; while the imports from the U.S reached 4.4 billion USD, up by 25.4 per cent.

In April of 2019 alone, the export turnover to the U.S decreased by 11.4 per cent compared to March of 2019 but increased strongly by 30.8 per cent compared to April of 2018, reaching 4.56 billion USD.
Textiles and garments; phones and accessories; footwear of all kinds; wood and wood products; computers, electronic products and components ... were the main items exported to the U.S in the first four months of this year.

Textiles and garments were leading the list with 4.42 billion USD, up by 8.8 per cent year – on – year and accounted for 24.7 per cent of the country’s total exports to the U.S in the period.
The exports of mobile phones and components to the U.S increased strongly by 94.4 per cent over the same period last year with the export turnover of 3.32 billion USD, accounting for 18.6 per cent of the total.

It was followed by footwear of all kinds with 2 billion USD, up by 13.5 per cent, accounting for 11.2 per cent of the total; wood and wood products - reached 1.42 billion USD, up by 34.6 per cent, accounting for 7.9 per cent of the total.
In general, the majority of goods exported to the US in the first 4 months of this year increased their turnover compared to the first 4 months of 2018; in which exports increased strongly in the following groups: Electric wires and cables - increased by 150 per cent, reaching 68.27 million USD; cameras, camcorders and components - increased by 108.4 per cent, reaching 26.15 million USD; products of rattan, bamboo, rush and carpet - increased by 68 per cent, reaching 37.65 million USD; paper and paper products - increased by 60.1 per cent, reaching 57.97 million USD.

In contrast, the exports declined sharply in the following categories: Iron and steel fell by 38 per cent, reaching 150.99 million USD; coffee - decreased by 25.1 per cent, reaching 110.41 million USD; animal feed and raw materials - decreased by 29.8 per cent, reaching 9.95 million USD; tea - fell by 24.8 per cent, reaching 1.97 million USD.

Vietnam’s ex
ports of goods from the U.S in the first four months of 2019 - Unit: USD – source: the General Department of Customs
Item
April of 2019
+/- April of 2019 vs. March of 2019 (%)
First 4 months of 2019
+/- First 4 months of 2019 vs. same period of 2018 (%)
Total
4,562,588,364
-11.37
17,872,904,216
29.31
Textiles and garments
1,099,630,447
-7.36
4,421,219,075
8.76
Phones and accessories
671,819,544
-46.13
3,317,894,103
94.37
Footwear of all kinds
578,718,430
15.18
1,998,518,281
13.45
Wood and furniture
386,200,947
-1.95
1,416,102,473
34.63
Machines, equipment and spare parts
332,505,358
-4.63
1,301,457,112
54.59
Computers, electronics and components
394,302,517
3.63
1,287,455,514
64.23
Others
193,625,900
-15.98
853,759,671
 
Handbags, wallets, suitcases, hats and umbrellas
148,781,407
30.54
493,264,636
30.99
Means of transport and spare parts
129,764,913
0.45
487,289,935
35.85
Seafood
102,640,109
-2.19
385,534,826
1.91
Cashew nuts
88,524,364
5.72
294,625,445
-24.12
Iron and steel products
52,028,548
-2.1
196,359,477
38.43
Plastic products
50,235,434
2.35
178,754,808
30.35
Iron and steel of all kinds
33,900,551
3.62
150,993,251
-38
Toys, sport equipment and spare parts
41,024,450
24.4
146,376,586
11.27
Other ordinary metals and products
36,591,243
-7.72
134,641,591
22.84
Precious stones, metals and products
31,387,787
-0.19
118,840,158
16.95
Coffee
26,292,332
-15.05
110,413,649
-25.1
Technical fabrics
19,439,705
6.28
75,528,907
16.52
Electric wires and cables
22,670,611
36.84
68,271,603
150.01
Paper and products
24,163,674
55.91
57,970,452
60.06
Rubber products
14,751,249
-0.64
55,529,446
42.45
Pepper
13,235,358
-19.53
52,923,248
-6.48
Fruit and vegetables
13,793,573
12.32
45,550,038
17.27
Bamboo, rattan, sedge and carpet
9,598,452
-2.57
37,652,599
67.99
Ceramic and porcelain products
6,397,745
-27.24
35,561,727
13.09
Cameras, camcorders and components
7,279,589
-7.27
26,151,583
108.39
Confectionery and grain products
5,332,084
-11.23
19,730,829
18.61
Fibers of all kinds
5,036,452
-3.55
19,279,947
40.35
Textile, garment, leather and footwear materials
6,085,751
36.67
19,000,234
40.88
Glass and products
4,559,571
-4.92
17,790,716
-18.41
Rubber
2,374,257
-17.95
12,342,560
-3.93
Chemicals
2,666,659
-39.08
10,851,594
40.98
Chemical products
3,038,898
5.95
10,018,180
-9.74
Animal feed and materials
2,884,636
-7.73
9,952,753
-29.84
Rice
988,143
-23.54
3,331,443
-19.09
Tea
317,678
-44.19
1,965,767
-24.77
CK
Source: VITIC

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