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.
The bilateral trade has increased significantly from 25 billion dollars in 2012 to 123 billion dollars in 2022.
Vietnam exported $8.11 billion to the United States in September. This brings the exports of that country to this country to $70.23 in the nine-month period.
The value of the garment exports was $11 Billion during this period.
In the first nine months, the imports of the former from the latter totaled $10.26 Billion.
Vietnam plans to import from the United States raw materials, such as animal feed, cotton, corn, soybeans and chemicals. The advantage is that it will clean the supply chain and the materials can be certified.
Fibre2Fashion News Desk