JavaScript is off. Please enable to view full site.

The US tops list of importers

The US tops list of importers

Wednesday, October 17, 2012, 19:00 GMT+7

The US ranked first in the top five markets for Vietnamese exports in September, with a trade surplus of more than $1.2 billion recorded for Vietnam, according to the General Department of Customs' statistics.

Statistics from the Ministry of Industry and Trade showed that export turnover to the US in the first nine months of this year hit $14.32 billion, an increase of 14.83 percent over the same period last year.

In September alone, turnover reached $1.58 billion, mainly thanks to garment and textile products, (making up more than 41 percent), footwear (12 percent), wood products (9 percent) and fisheries (6 percent).

The US was followed by Hong Kong, the UK, Australia and the United Arab Emirates in terms of trade surplus in Vietnam's favor.

For the remainder of the year, export turnover to the US must amount to $2 billion per month on average to fulfill the target of $20 billion for the whole year.

The ministry said the figure might be achievable if the US economy sees continued signs of improvement and rising consumption during the final months of the year.

According to the customs department, the biggest share of imports to Vietnam came from China, with Vietnam holding a trade deficit with its northern neighbor of more than 1.5 billion last month, an increase of 6 percent over August.

The country's total import-export turnover during the first nine months of this year was $166.96 billion.

vna

More

Read more

;

Photos

VIDEOS

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Experience summer sand-boarding in Mui Ne

Sand-boarding, a popular activity amongst local children in the coastal tourism town of Mui Ne in south-central Vietnam, is attracting hundreds of tourists to the Red Sand Dunes

Young maple trees given better protection as Hanoi enters rainy season

The trees are currently growing well, with green leaves and healthy branches.

Hunting skinks for food in southern Vietnam

Skink meat is known to be soft, tasty, and highly nutritious.

Latest news