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Vietnam-US bilateral trade turnover report sharp increase
Total bilateral trade turnover between Vietnam and the US in the first four months of this year reached US$4.72 billion, up 36.93% compared to the same period last year, according to the US's Department of Commerce.
Of this figure, Vietnam exported US$3.637 billion worth of products to the US, up 21.92% while US's export turnover to Vietnam was US $1.083 billion, up 133.41%.
Vietnam's key export products to the US include garments and textiles (with a turnover of US$1.526 billion, up 27.49%); wooden products and interior (US$435 million, up 25.1%); footwear (US$375 million, up 13.29%); seafood (US$206.7 million, up 11.7%); and agricultural products, mostly coffee and cashew nuts, (US$21.1 million, up 14.57%).
The country's major import products from the US are transport vehicles, engineering machinery, airplanes and aviation parts and accessories, steel, plastic, cotton and cattle feed.
ND
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