US remains top export market of Vietnam
Thursday, 12:02, 13/04/2017
VOV.VN - The US was the largest export market of Vietnam in the in the January-March period, accounting for nearly 20% of the country’s total export revenue.
Vietnam’s key export products to the US included garment, footwear, wood and timber products and the country has always enjoyed trade surplus with the American nation, reaching more than US$29.7 billion last year.
According to the Import-Export Department under the Ministry of Industry and Trade, the Southeast Asian nation currently ranks 12th among exporters to the US and 36th among importers after 20 years of normalization of diplomatic relations.
Exports to the vast market have also grown sharply over recent years from US$1 billion in 2001 to US$38.46 billion in 2016 and are likely to exceed US$40 billion this year.