Home breadcru News breadcru Import/Exports breadcru Vietnam's Jan-Sep 2023 exports to US $70.23 bn, garments worth $11 bn

Vietnam's Jan-Sep 2023 exports to US $70.23 bn, garments worth $11 bn

20 Oct '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Vietnam's exports to the United States were worth an estimated $8.11 billion in September, taking the total exports to that country in the first nine months this year to $70.23 billion.
  • Garments exports to the latter were worth $11 billion during the period.
  • The former's imports from the latter were worth $10.26 billion in the nine months.
Vietnam's exports to the United States were worth an estimated $8.11 billion in September, taking the total exports to that country in the first nine months this year to $70.23 billion. Garments exports to the latter were worth $11 billion in the nine months.

This makes the United States the biggest importer of commodities from Vietnam during that period, while the latter’s imports from the former were worth $10.26 billion.

Bilateral trade increased from $25 billion in 2012 to $123 billion in 2022.

Vietnam wants to import raw materials like cotton, animal feed, maize, soybean, chemicals from the United States, the advantage being cleaning up the supply chain, with input materials for production having clear and certified origin, Vietnamese media reports said quoting minister of industry and trade Nguyen Hong Dien.

ALCHEMPro News Desk (DS)

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