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US dominates Vietnam’s exports

In 2016, the US was Vietnam’s largest export market. Textiles and garments dominate Vietnam’s exports to the US. Footwear came second. In 2016, Vietnam became the second largest exporter of footwear to the US. Exports of telephones and parts accounted for 12.8 per cent of the total value of Vietnam’s exports to the US market. In addition, computers, electrical products, spare parts, and components accounted for 7.2 per cent, wood and wood products accounted for 7.2 per cent.

In addition to key industrial products, Vietnam is exporting many agricultural products and fishery products to the US such as frozen shrimp, filleted catfish, filleted basa fish, processed tuna, processed crab meat, coffee, cashew nuts, and pepper.

Vietnam’s exports to the US in January-November of 2016 rose 14 per cent over the same period last year.

For the first two months of 2017, textile and garment exports to the US reached 1.7 billion dollars and footwear reached 653 million dollars.

Vietnamese enterprises have gradually matured and gained a lot of experience, thereby creating a firmer position for themselves in the market. By determination, perseverance, good will, modesty and sincerity, Vietnamese enterprises have increasingly won the hearts of American consumers.