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Home  >>  Daily News  >>  Vietnam News  >> Trade  >>  Vietnam exports $9bn worth of goods to US in Jan-Oct 2009
NEWS UPDATES 11 December 2009

Vietnam exports $9bn worth of goods to US in Jan-Oct 2009

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Vietnam gained $9.29 billion from exporting goods to the United States in the first 10 months of this year, down 7.27 percent year-on-year, reported, citing statistics from the information center of Vietnamese Ministry of Industry and Trade on Thursday.

During this period, the country's export of garment and textile reached $4.1 billion, making up 44.33 percent of Vietnam's total export turnover to the US market. It is followed by wood and wood products, and footwear with the export value of $874.1 million and $851.2 million, respectively.

The country witnessed a year-on-year decrease in most export items to the United States in the first 10 months including crude oil, seafood, cashew nuts and rubber, said the center.

Vietnam's export turnover of crude oil plunged 58.83 percent year-on-year to $397.4 million during the same period.

However, there was a year-on-year increase in Vietnam's exports of five items, namely tea, precious stones and metals, computers and electronic components, fruits and vegetables, and footwear, said the center.

Eight years after the two sides signed the US-Vietnam Bilateral Trade Agreement in 2001, a milestone agreement in two-way trade development, the United States has become the Vietnam's biggest export market with the export turnover of $11.6 billion in 2008, said the center.



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