Trade in goods with USA SITC (Standard International Trade Classification)
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Viet Nam trade flows with USA by SITC*) product sections during 2020/7 - 2020/11

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/7
%
2020/8
%
2020/9
%
2020/10
%
2020/11
%
Export0.70.70.70.60.6
Import3.84.13.83.63.7
Trade in Goods2.72.92.72.52.6

USA's foreign trade with Viet Nam, exports to Viet Nam and imports from Viet Nam in November 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

Viet Nam's share of USA's foreign trade in goods in November 2020 represented a share of 2.6 per cent. Share of USA's that month's exports was 0.6% and 3.7% of imports. In November Viet Nam was USA's eight largest foreign trade partner. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $8.7 billion was 37.3 per cent bigger than in November of the previous year. In November the trade balance with Viet Nam was $7.1 billion in deficit for United States of America.

The value of imports from Viet Nam was 43.6 per cent higher than in November of the previous year, thus amounting to $7.9 billion. Major product categories of imports from Viet Nam were Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), representing 22.8 percent of imports, Sitc821 (furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings) 13.3 % and Sitc851 (footwear) 6.8 % of the imports.

The value of exports to Viet Nam declined by 3.3 per cent compared to in November of the previous year, thus amounting to $819 million in November 2020. The largest product groups of exports were: Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), which represented a share of 14.3 per cent of total exports, Sitc222 (oil-seeds and oleaginous fruits of a kind used for the extraction of *soft* fixed vegetable oils (excluding flours and meals)) 11.0 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 6.3 % of the exports.

Development during January-November 2020

During January-November, the value of goods between the two countries rose to $81.8 billion. Growth compared to the corresponding period of the previous year was 15.4 percent. During January-November the value of imports was $72.7 billion. The export value was $9.0 billion. Compared to the corresponding period in 2019, the value of imports during this period increased by 19.5 %. The largest value in imports was in Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), worth $15.4 billion. In export the largest value had Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), worth being $1.2 billion. The value of exports during this period decreased by 9.4 %. From USA's point of view, the trade balance between the countries in January-November remained in deficit. The trade deficit was $63.7 billion. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $50.9 billion.


Table: USA's export to Viet Nam (VN) during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 123.1 16.0 173.6 22.0 147.1 18.1 134.5 17.0 133.9 16.3
00. Live animals 0.5 0.1 0.6 0.1 0.6 0.1 0.7 0.1 0.4 0.0
01. Meat and meat preparations 23.7 3.1 26.5 3.3 24.7 3.0 17.0 2.1 15.7 1.9
02. Dairy products and birds' eggs 11.9 1.5 14.8 1.9 6.10 0.9 14.3 1.8 6.7 0.8
03. Fish and fish preparations 2.3 0.3 9.2 1.2 3.7 0.5 2.4 0.3 2.4 0.3
04. Cereals and cereal preparations 0.9 0.1 39.4 5.0 30.1 3.7 1.9 0.2 6.2 0.8
05. Vegetables and fruit 31.9 4.1 22.4 2.8 22.1 2.7 39.8 5.0 41.3 5.0
06. Sugars,sugar preparations and honey 1.1 0.1 0.7 0.1 1.5 0.2 2.0 0.2 2.3 0.3
07. Coffee,tea,cocoa,spices 1.7 0.2 3.6 0.4 2.1 0.2 5.1 0.6 1.9 0.2
08. Feeding stuff for animals 37.1 4.8 44.7 5.6 40.9 5.0 43.2 5.5 47.4 5.8
09. Miscellaneous edible products and preparations 12.5 1.6 12.3 1.5 14.10 1.8 8.5 1.1 10.2 1.2
1. Beverages and tobacco 7.1 0.9 7.9 1.0 6.10 0.9 5.6 0.7 3.10 0.5
11. Beverages 4.9 0.6 4.2 0.5 3.6 0.4 4.2 0.5 3.2 0.4
12. Tobacco and tobacco manufactures 2.3 0.3 3.7 0.5 3.5 0.4 1.4 0.2 0.8 0.1
2. Crude materials,inedible,except fuels 218.2 28.4 149.5 18.9 205.4 25.3 184.7 23.3 237.5 29.0
21. Hides,skins,furskins,raw 0.3 0.0 0.1 0.0 0.3 0.0 0.5 0.1 0.7 0.1
22. Oil seeds,oleaginous fruits 12.6 1.6 12.3 1.5 72.3 8.9 20.7 2.6 91.1 11.1
23. Crude rubber (incl.synthetic) 2.3 0.3 2.1 0.3 2.5 0.3 3.9 0.5 2.9 0.4
24. Cork and wood 21.9 2.8 26.10 3.4 26.2 3.2 32.2 4.1 30.7 3.7
25. Pulp and waste paper 14.3 1.9 13.1 1.6 13.6 1.7 24.2 3.1 28.5 3.5
26. Textile fibres and their wastes 122.3 15.9 65.3 8.3 54.2 6.7 57.2 7.2 48.4 5.9
27. Crude fertilizers and crude minerals 0.6 0.1 0.6 0.1 0.8 0.1 0.5 0.1 0.8 0.1
28. Metalliferous ores and metal scrap 39.2 5.1 24.10 3.2 32.3 4.0 42.3 5.3 29.10 3.7
29. Crude animal,vegetable materials n.e.s. 5.1 0.7 4.5 0.6 3.5 0.4 3.6 0.4 4.7 0.6
3. Mineral fuels etc 6.10 0.9 15.4 1.9 0.7 0.1 45.3 5.7 0.4 0.0
33. Petroleum and products 0.7 0.1 1.5 0.2 0.7 0.1 45.3 5.7 0.4 0.0
34. Gas,natural and manufactured 6.3 0.8 13.9 1.8 0.1 0.0 0 0.0 0 0.0
4. Animal and vegetable oils and fats 0.2 0.0 0.8 0.1 0.5 0.1 0.2 0.0 0.4 0.0
42. Fixed vegetable fats and oils 0.2 0.0 0.8 0.1 0.4 0.0 0.1 0.0 0.3 0.0
5. Chemicals and related products,n.e.s. 101.8 13.2 94.0 11.9 91.0 11.2 106.2 13.4 112.1 13.7
51. Organic chemicals 13.2 1.7 4.4 0.5 2.10 0.4 6.0 0.8 6.7 0.8
52. Inorganic chemicals 5.9 0.8 6.3 0.8 9.1 1.1 7.5 0.9 12.2 1.5
53. Dyeing,tanning and colouring material 3.2 0.4 2.9 0.4 2.3 0.3 5.0 0.6 5.4 0.7
54. Medicinal and pharmaceutical products 11.2 1.4 14.8 1.9 24.4 3.0 17.1 2.1 18.2 2.2
55. Perfume,cleaning etc.preparations 10.5 1.4 10.3 1.3 7.10 1.0 11.7 1.5 9.1 1.1
57. Plastics in primary forms 41.5 5.4 34.6 4.4 28.4 3.5 34.2 4.3 34.2 4.2
58. Plastics in non-primary forms 3.8 0.5 4.3 0.5 4.3 0.5 4.9 0.6 6.6 0.8
59. Chemical materials and products,n.e.s. 12.6 1.6 16.2 2.0 11.8 1.5 20.0 2.5 19.9 2.4
6. Basic manufactures 26.4 3.4 29.6 3.7 26.8 3.3 35.1 4.4 34.3 4.2
61. Leather,dressed fur,etc. 2.5 0.3 2.0 0.2 4.6 0.6 6.8 0.8 8.6 1.0
62. Rubber manufactures,n.e.s. 1.1 0.1 0.10 0.1 0.7 0.1 0.9 0.1 0.9 0.1
63. Wood and cork manufactures 1.4 0.2 3.1 0.4 2.5 0.3 2.8 0.3 2.1 0.2
64. Paper,paperboard and articles thereof 1.8 0.2 0.9 0.1 2.1 0.3 2.3 0.3 2.0 0.2
65. Textile yarn,fabrics,made up articles,etc. 6.0 0.8 9.8 1.2 7.1 0.9 8.0 1.0 6.2 0.7
66. Non-metallic mineral manufactures,n.e.s. 4.6 0.6 4.1 0.5 3.5 0.4 6.7 0.8 6.2 0.8
67. Iron and steel 1.3 0.2 1.4 0.2 1.2 0.1 1.4 0.2 1.9 0.2
68. Non-ferrous metals 1.10 0.3 1.2 0.1 1.2 0.1 1.4 0.2 2.7 0.3
69. Manufactures of metals,n.e.s. 5.10 0.8 6.5 0.8 4.3 0.5 5.1 0.6 4.1 0.5
7. Machinery,transport equipment 231.1 30.1 250.7 31.7 267.0 32.8 215.8 27.3 234.10 28.7
71. Power generating machinery and equipment 6.0 0.8 6.5 0.8 5.9 0.7 12.5 1.6 8.8 1.1
72. Machinery for specialized industries 8.7 1.1 8.3 1.0 8.9 1.1 8.2 1.0 6.9 0.8
73. Metal working machinery 0.6 0.1 1.3 0.2 1.7 0.2 0.5 0.1 1.7 0.2
74. General industrial machinery n.e.s. 8.9 1.2 11.8 1.5 10.6 1.3 10.9 1.4 9.5 1.2
75. Office machines and adp machines 10.1 1.3 9.6 1.2 10.6 1.3 8.8 1.1 9.7 1.2
76. Telecommunications and sound recording equipment 32.8 4.3 40.5 5.1 52.4 6.4 51.0 6.4 51.9 6.3
77. Electric machinery,n.e.s.and parts 119.2 15.5 164.3 20.8 166.8 20.5 108.5 13.7 139.7 17.1
78. Road vehicles 12.9 1.7 5.5 0.7 8.1 1.0 13.5 1.7 5.3 0.6
79. Other transport equipment 32.3 4.2 3.3 0.4 2.4 0.3 2.2 0.3 1.9 0.2
8. Miscellaneous manufactured articles 48.7 6.3 60.4 7.6 59.10 7.4 58.3 7.4 53.2 6.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.4 0.0 0.10 0.1 0.4 0.0 0.6 0.1 0.7 0.1
82. Furniture and parts thereof 1.0 0.1 0.8 0.1 0.6 0.1 0.6 0.1 1.7 0.2
84. Articles of apparel and clothing accessories 0.2 0.0 0.7 0.1 0.4 0.0 0.5 0.1 0.6 0.1
85. Footwear 14.1 1.8 17.5 2.2 15.5 1.9 20.7 2.6 16.10 2.1
87. Instruments and apparates n.e.s. 20.8 2.7 18.0 2.3 16.6 2.0 17.6 2.2 16.9 2.1
88. Photographic equipment,optical goods etc. 2.3 0.3 2.2 0.3 2.1 0.2 2.8 0.3 2.9 0.3
89. Miscellaneous manufactured articles,n.e.s. 10.1 1.3 20.3 2.6 24.4 3.0 15.7 2.0 13.6 1.7
9. Goods not classified elsewhere 5.2 0.7 8.6 1.1 8.2 1.0 6.3 0.8 8.9 1.1
93. Special transactions and commodities not classified 0.3 0.0 3.3 0.4 2.4 0.3 0.4 0.0 3.0 0.4
97. Gold,non-monetary 0.2 0.0 0.6 0.1 0.10 0.1 1.0 0.1 0.7 0.1
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 4.8 0.6 4.8 0.6 4.9 0.6 4.9 0.6 5.2 0.6
0-9. All groups combined 768.5 100.0 789.10 100.0 813.2 100.0 791.6 100.0 819.1 100.0

Source: US Census Bureau

Table: Import from Viet Nam (VN) to USA during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 299.4 4.0 297.8 3.6 327.3 4.1 320.8 4.0 293.4 3.7
00. Live animals 0.1 0.0 0.7 0.0 0.1 0.0 0.1 0.0 0.1 0.0
03. Fish and fish preparations 127.3 1.7 153.4 1.8 150.8 1.9 136.8 1.7 139.9 1.8
04. Cereals and cereal preparations 6.8 0.1 5.8 0.1 5.8 0.1 4.4 0.1 4.6 0.1
05. Vegetables and fruit 103.3 1.4 78.10 0.9 108.5 1.4 110.2 1.4 90.4 1.1
06. Sugars,sugar preparations and honey 6.8 0.1 6.8 0.1 7.1 0.1 6.0 0.1 7.5 0.1
07. Coffee,tea,cocoa,spices 37.4 0.5 38.6 0.5 37.10 0.5 45.2 0.6 36.8 0.5
08. Feeding stuff for animals 8.0 0.1 6.4 0.1 9.4 0.1 9.7 0.1 5.5 0.1
09. Miscellaneous edible products and preparations 9.8 0.1 7.2 0.1 7.7 0.1 8.7 0.1 8.8 0.1
1. Beverages and tobacco 2.4 0.0 2.2 0.0 1.9 0.0 3.2 0.0 2.6 0.0
11. Beverages 1.10 0.0 1.6 0.0 1.6 0.0 2.9 0.0 2.4 0.0
12. Tobacco and tobacco manufactures 0.5 0.0 0.6 0.0 0.4 0.0 0.3 0.0 0.3 0.0
2. Crude materials,inedible,except fuels 16.2 0.2 21.3 0.3 15.7 0.2 15.7 0.2 13.4 0.2
23. Crude rubber (incl.synthetic) 1.4 0.0 1.10 0.0 2.1 0.0 2.8 0.0 2.5 0.0
24. Cork and wood 2.2 0.0 1.5 0.0 1.6 0.0 1.10 0.0 2.6 0.0
26. Textile fibres and their wastes 3.8 0.1 4.3 0.1 5.3 0.1 4.6 0.1 3.1 0.0
27. Crude fertilizers and crude minerals 0.4 0.0 7.5 0.1 0.3 0.0 1.4 0.0 0.4 0.0
29. Crude animal,vegetable materials n.e.s. 8.5 0.1 5.10 0.1 6.5 0.1 4.8 0.1 4.10 0.1
4. Animal and vegetable oils and fats 2.2 0.0 2.1 0.0 1.2 0.0 1.2 0.0 1.3 0.0
42. Fixed vegetable fats and oils 1.9 0.0 1.6 0.0 0.10 0.0 0.7 0.0 1.0 0.0
43. Processed animal or vegetable oils,etc. 0.4 0.0 0.5 0.0 0.3 0.0 0.6 0.0 0.3 0.0
5. Chemicals and related products,n.e.s. 26.9 0.4 31.2 0.4 30.0 0.4 30.3 0.4 34.9 0.4
51. Organic chemicals 1.7 0.0 2.0 0.0 1.5 0.0 1.5 0.0 1.10 0.0
52. Inorganic chemicals 1.7 0.0 1.3 0.0 1.5 0.0 1.5 0.0 1.4 0.0
53. Dyeing,tanning and colouring material 0.10 0.0 1.2 0.0 0.9 0.0 1.2 0.0 1.0 0.0
54. Medicinal and pharmaceutical products 0.6 0.0 0.3 0.0 0.4 0.0 0.6 0.0 0.7 0.0
55. Perfume,cleaning etc.preparations 4.10 0.1 9.7 0.1 6.0 0.1 4.6 0.1 4.6 0.1
57. Plastics in primary forms 3.6 0.0 4.4 0.1 8.0 0.1 7.9 0.1 11.7 0.1
58. Plastics in non-primary forms 10.6 0.1 9.4 0.1 8.1 0.1 9.9 0.1 9.1 0.1
59. Chemical materials and products,n.e.s. 2.7 0.0 3.1 0.0 3.6 0.0 3.1 0.0 4.1 0.1
6. Basic manufactures 508.0 6.7 507.2 6.1 514.1 6.5 549.10 6.9 464.2 5.9
61. Leather,dressed fur,etc. 4.4 0.1 3.7 0.0 5.1 0.1 5.4 0.1 4.7 0.1
62. Rubber manufactures,n.e.s. 79.4 1.0 75.5 0.9 82.3 1.0 91.0 1.1 75.5 1.0
63. Wood and cork manufactures 44.7 0.6 49.7 0.6 49.1 0.6 54.6 0.7 56.8 0.7
64. Paper,paperboard and articles thereof 33.6 0.4 28.1 0.3 37.6 0.5 37.9 0.5 34.3 0.4
65. Textile yarn,fabrics,made up articles,etc. 164.2 2.2 152.0 1.8 133.2 1.7 121.7 1.5 96.8 1.2
66. Non-metallic mineral manufactures,n.e.s. 42.2 0.6 42.7 0.5 49.2 0.6 51.4 0.6 51.9 0.7
67. Iron and steel 28.4 0.4 23.7 0.3 20.1 0.3 20.1 0.3 30.2 0.4
68. Non-ferrous metals 24.4 0.3 33.6 0.4 36.7 0.5 60.3 0.8 11.3 0.1
69. Manufactures of metals,n.e.s. 87.1 1.1 98.5 1.2 101.4 1.3 107.10 1.4 103.2 1.3
7. Machinery,transport equipment 3,375.3 44.6 4,132.3 49.3 3,539.3 44.7 3,425.2 43.1 3,723.3 47.3
71. Power generating machinery and equipment 54.8 0.7 61.6 0.7 62.8 0.8 73.9 0.9 70.6 0.9
72. Machinery for specialized industries 34.5 0.5 92.5 1.1 57.9 0.7 58.3 0.7 81.5 1.0
73. Metal working machinery 1.5 0.0 4.1 0.0 4.3 0.1 2.3 0.0 1.1 0.0
74. General industrial machinery n.e.s. 66.10 0.9 78.8 0.9 91.2 1.2 100.2 1.3 96.2 1.2
75. Office machines and adp machines 391.2 5.2 410.7 4.9 467.2 5.9 529.5 6.7 560.2 7.1
76. Telecommunications and sound recording equipment 2,026.3 26.8 2,536.7 30.3 1,926.7 24.3 1,689.1 21.2 1,920.9 24.4
77. Electric machinery,n.e.s.and parts 753.5 10.0 898.9 10.7 868.9 11.0 913.0 11.5 923.5 11.7
78. Road vehicles 36.3 0.5 40.1 0.5 51.7 0.7 52.0 0.7 63.1 0.8
79. Other transport equipment 10.7 0.1 9.2 0.1 8.10 0.1 7.2 0.1 6.6 0.1
8. Miscellaneous manufactured articles 3,318.8 43.8 3,366.10 40.2 3,463.2 43.7 3,580.9 45.0 3,318.2 42.1
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 27.7 0.4 36.6 0.4 30.9 0.4 31.5 0.4 34.4 0.4
82. Furniture and parts thereof 824.5 10.9 905.7 10.8 996.2 12.6 1,025.0 12.9 1,048.5 13.3
83. Travel goods,handbags and sim.containers 77.6 1.0 94.2 1.1 75.3 1.0 69.4 0.9 76.8 1.0
84. Articles of apparel and clothing accessories 1,389.2 18.4 1,323.8 15.8 1,313.1 16.6 1,345.6 16.9 1,039.7 13.2
85. Footwear 547.5 7.2 535.4 6.4 527.7 6.7 516.8 6.5 536.5 6.8
87. Instruments and apparates n.e.s. 31.8 0.4 39.10 0.5 38.10 0.5 53.1 0.7 46.5 0.6
88. Photographic equipment,optical goods etc. 7.4 0.1 7.9 0.1 8.10 0.1 10.3 0.1 7.3 0.1
89. Miscellaneous manufactured articles,n.e.s. 413.6 5.5 423.8 5.1 472.5 6.0 529.6 6.7 528.7 6.7
9. Goods not classified elsewhere 21.2 0.3 21.1 0.3 25.0 0.3 25.1 0.3 24.2 0.3
93. Special transactions and commodities not classified 9.1 0.1 7.5 0.1 9.8 0.1 10.8 0.1 9.2 0.1
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 12.1 0.2 13.7 0.2 15.2 0.2 14.4 0.2 15.0 0.2
0-9. All groups combined 7,569.10 100.0 8,381.8 100.0 7,917.7 100.0 7,952.0 100.0 7,875.1 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - November (Sitc)

USA's Trade in Goods Start Page