Vietnam being top exporter in Asia to US market in first 9 months of 2019 – Voltrans Logistics

Vietnam being top exporter in Asia to US market in first 9 months of 2019

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Being the top in Asia countries exporting to US, Vietnam hits the highest record for export to US market in the first nine month of 2019.

The total goods worths about USD 44.9 billion, account up to 23.1% of the country export revenue, nearly equal to the whole of 2018 (at USD 47.5 billion) as per GSO report.

Majority of goods were still textiles and garments, phones and phone parts, handbags, purses and woodwork, among other items. However, the main share came from FDI companies, not local exporters.

In reverse way, US exported back Vietnam at USD10.7 billion over the first nine months of 2019, up 12.6% year-on-year.

Source: Saigon Times