Two-way trade between Vietnam and the US in February 2011 was down by 6.8 percent from January to 1,598.1 million USD due to decreased Vietnam 's exports.
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Textiles and apparels' export revenues remain highest (Photo: Pham Hau/VNA) |
According to an April 12 report by the US Department of Commerce, in the second month of this year, the US imported from Vietnam 1,245.1 million USD worth of goods, a decrease of 9.8 percent from January. However, Jan.-Feb. import value was up by 19 percent over the same period last year, reaching 2,626.8 million USD.
United States International Trade Commission's data showed that value of all Vietnam 's key exports to the US in February 2011 saw decreases in comparison with January but increases over the same period last year.
Articles of apparel and clothing accessories retained the first ranking with export value of 513.7 million USD, down 6.4 percent from January.
Taking the second place was footwear with export value of 147.5 million USD, down 13.6 percent. It was followed by furniture with export value of 144.5 million USD, an 8.8 percent decrease from January; and electrical machinery and equipment and parts with value reaching 56.7 million USD, down 18 percent from the same period last year.
Coming next was fish and aquatic invertebrates with export value standing at 48.9 million USD, also down 20.7 percent from a month earlier.
Also in February, the US exported goods at a total value of 353 million USD, up 5.5 percent from January's export value. US exports to Vietnam in the first two months of this year reached 687.6 million USD, up by 28 percent over the same period last year.
Coming first was machinery and mechanical appliances parts thereof with value reaching 41 million USD, an increase of 31 percent over January's value. It was followed by cotton, including yarns and woven fabrics thereof, with value of 36.3 million USD, down 39 percent from a month earlier; iron and steel (with value of 29.6 million USD, up 35 percent); vehicles with value up 22 percent to 24.9 million USD; and electrical machinery and equipment (with value of 21.6 million USD, down 6 percent).
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