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 2023/5 - 2023/9

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


Share of USA's2023/5
%		2023/6
%		2023/7
%		2023/8
%		2023/9
%
Export0.5 0.4 0.4 0.5 0.5
Import3.5 3.6 3.9 3.8 4.1
Trade in Goods2.3 2.3 2.6 2.5 2.6

USA's foreign trade with Viet Nam, exports to Viet Nam and imports from Viet Nam in September 2023


The text of the following analysis is produced by a computer program.

Viet Nam's share of USA's foreign trade in goods in September 2023 represented a share of 2.6 per cent. Share of USA's that month's exports was 0.5 % and 4.1 % of imports. In September Viet Nam was USA's seventh most important foreign trade partner. Most of the value of trade between the countries consists of the import to USA. $11.5 billion worth of trade was 8.8 per cent lower than in September of the previous year. In September the trade balance with Viet Nam was $9.8 billion in deficit for United States of America.

The value of imports from Viet Nam decreased by 8.1 per cent compared to in September of the previous year, thus amounting to $10.6 billion in September 2023. 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 23.2 percent of imports, Sitc752 (automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.) 8.6 % and Sitc821 (furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings) 7.6 % of the imports.

The value of exports to Viet Nam declined by 17.2 per cent compared to in September of the previous year, thus amounting to $812 million in September 2023. The largest product groups of exports were: Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), which represented a share of 10.9 per cent of total exports, 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) 10.8 % and Sitc081 (feeding stuff for animals (not including unmilled cereals)) 7.2 % of the exports.

Development during January-September 2023

The trade in goods between January and September of 2023 was of lesser value than in the corresponding period of the previous year. The value of the trade was $90.8 billion, down 15.4 %. During January-September the value of imports was $83.7 billion. The export value was $7.2 billion. Compared to the corresponding period in 2022, the value of both imports and exports decreased significantly. The decline in imports was 15.1 % and in the value of exports 19.3 %. The largest product group in terms of imports has been Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), worth $18.1 billion. In export the largest value had Sitc263 (cotton), worth being $645 million. From USA's point of view, the trade balance between the countries in January-September remained in deficit. The trade deficit was $76.5 billion. The trade deficit narrowed compared to the corresponding period in 2022. At that time, the deficit was $89.6 billion.


Table: USA's export to Viet Nam (VN) during 2023/5 - 2023/9

2023 / 52023 / 62023 / 72023 / 82023 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 148.2 17.7 124.5 17.1 143.4 20.1 138.7 17.8 162.6 20.0
01. Meat and meat preparations 10.5 1.3 7.2 1.0 9.6 1.3 13.9 1.8 20.6 2.5
02. Dairy products and birds' eggs 14.8 1.8 13.4 1.8 10.5 1.5 8.8 1.1 4.2 0.5
03. Fish and fish preparations 5.3 0.6 8.5 1.2 4.2 0.6 9.1 1.2 7.5 0.9
04. Cereals and cereal preparations 10.4 1.2 2.3 0.3 15.6 2.2 15.2 2.0 32.2 4.0
05. Vegetables and fruit 37.0 4.4 31.9 4.4 36.3 5.1 22.4 2.9 18.5 2.3
06. Sugars,sugar preparations and honey 1.0 0.1 1.4 0.2 0.6 0.1 0.9 0.1 2.2 0.3
07. Coffee,tea,cocoa,spices 10.9 1.3 0.8 0.1 3.6 0.5 5.3 0.7 7.3 0.9
08. Feeding stuff for animals 41.3 4.9 53.7 7.4 54.9 7.7 54.1 6.9 58.6 7.2
09. Miscellaneous edible products and preparations 16.6 2.0 5.2 0.7 7.7 1.1 8.6 1.1 11.3 1.4
1. Beverages and tobacco 21.0 2.5 11.1 1.5 8.0 1.1 6.2 0.8 9.7 1.2
11. Beverages 17.5 2.1 9.4 1.3 4.6 0.6 6.2 0.8 5.3 0.7
12. Tobacco and tobacco manufactures 3.5 0.4 1.7 0.2 3.4 0.5 0.0 0.0 4.4 0.5
2. Crude materials,inedible,except fuels 207.7 24.8 159.0 21.9 108.7 15.2 144.7 18.6 132.0 16.3
22. Oil seeds,oleaginous fruits 36.0 4.3 29.3 4.0 9.5 1.3 24.4 3.1 18.1 2.2
23. Crude rubber (incl.synthetic) 1.0 0.1 0.3 0.0 1.0 0.1 3.8 0.5 2.6 0.3
24. Cork and wood 19.0 2.3 19.1 2.6 17.8 2.5 19.3 2.5 18.9 2.3
25. Pulp and waste paper 25.1 3.0 21.6 3.0 23.9 3.3 23.5 3.0 28.9 3.6
26. Textile fibres and their wastes 102.8 12.3 62.0 8.5 30.9 4.3 37.6 4.8 28.4 3.5
27. Crude fertilizers and crude minerals 0.6 0.1 0.3 0.0 0.8 0.1 0.5 0.1 0.6 0.1
28. Metalliferous ores and metal scrap 17.6 2.1 19.8 2.7 18.7 2.6 28.6 3.7 26.8 3.3
29. Crude animal,vegetable materials n.e.s. 5.6 0.7 6.3 0.9 6.1 0.9 6.6 0.9 7.6 0.9
3. Mineral fuels etc 0.7 0.1 17.0 2.3 0.6 0.1 17.0 2.2 1.1 0.1
32. Coal,coke and briquettes 0.0 0.0 16.4 2.2 00 16.3 2.1 00
33. Petroleum and products 0.7 0.1 0.7 0.1 0.6 0.1 0.7 0.1 1.1 0.1
5. Chemicals and related products,n.e.s. 144.2 17.2 135.1 18.6 145.2 20.3 158.2 20.3 136.8 16.9
51. Organic chemicals 8.9 1.1 4.4 0.6 3.8 0.5 10.5 1.4 5.3 0.7
52. Inorganic chemicals 51.9 6.2 37.8 5.2 55.2 7.7 47.9 6.2 34.3 4.2
53. Dyeing,tanning and colouring material 2.5 0.3 2.9 0.4 2.8 0.4 4.0 0.5 3.7 0.5
54. Medicinal and pharmaceutical products 10.9 1.3 18.2 2.5 15.9 2.2 19.2 2.5 9.7 1.2
55. Perfume,cleaning etc.preparations 11.6 1.4 11.7 1.6 9.1 1.3 8.7 1.1 10.5 1.3
56. Fertilizers,manufactured 0.2 0.0 0.2 0.0 0.3 0.0 0.5 0.1 0.5 0.1
57. Plastics in primary forms 39.9 4.8 40.8 5.6 42.4 5.9 45.9 5.9 53.3 6.6
58. Plastics in non-primary forms 8.3 1.0 8.3 1.1 6.9 1.0 9.0 1.2 5.6 0.7
59. Chemical materials and products,n.e.s. 10.1 1.2 10.7 1.5 8.9 1.3 12.4 1.6 14.0 1.7
6. Basic manufactures 43.2 5.2 30.8 4.2 43.5 6.1 31.2 4.0 34.2 4.2
61. Leather,dressed fur,etc. 13.2 1.6 7.2 1.0 7.6 1.1 6.2 0.8 6.5 0.8
62. Rubber manufactures,n.e.s. 0.6 0.1 1.3 0.2 0.6 0.1 0.9 0.1 1.0 0.1
63. Wood and cork manufactures 0.6 0.1 0.9 0.1 0.8 0.1 0.8 0.1 4.3 0.5
64. Paper,paperboard and articles thereof 0.9 0.1 1.7 0.2 1.8 0.3 1.0 0.1 1.2 0.2
65. Textile yarn,fabrics,made up articles,etc. 6.3 0.8 3.5 0.5 7.3 1.0 5.6 0.7 5.7 0.7
66. Non-metallic mineral manufactures,n.e.s. 5.8 0.7 5.2 0.7 2.6 0.4 3.3 0.4 4.3 0.5
67. Iron and steel 3.2 0.4 2.3 0.3 11.1 1.6 1.8 0.2 1.1 0.1
68. Non-ferrous metals 1.6 0.2 1.2 0.2 2.4 0.3 1.4 0.2 1.6 0.2
69. Manufactures of metals,n.e.s. 10.9 1.3 7.6 1.0 9.3 1.3 10.1 1.3 8.5 1.0
7. Machinery,transport equipment 202.6 24.2 182.5 25.1 207.1 29.0 227.9 29.3 279.3 34.4
71. Power generating machinery and equipment 13.8 1.7 1.9 0.3 9.6 1.3 16.3 2.1 18.6 2.3
72. Machinery for specialized industries 7.7 0.9 10.3 1.4 8.3 1.2 5.0 0.6 19.0 2.3
73. Metal working machinery 3.2 0.4 2.5 0.3 2.8 0.4 2.3 0.3 1.0 0.1
74. General industrial machinery n.e.s. 12.3 1.5 10.9 1.5 14.8 2.1 17.6 2.3 12.0 1.5
75. Office machines and adp machines 11.3 1.4 11.9 1.6 7.7 1.1 17.4 2.2 13.4 1.6
76. Telecommunications and sound recording equipment 61.1 7.3 70.2 9.6 72.0 10.1 76.2 9.8 89.0 11.0
77. Electric machinery,n.e.s.and parts 47.8 5.7 59.1 8.1 77.3 10.8 54.4 7.0 108.2 13.3
78. Road vehicles 20.8 2.5 9.3 1.3 8.8 1.2 9.9 1.3 10.1 1.2
79. Other transport equipment 24.5 2.9 6.4 0.9 6.0 0.8 28.7 3.7 8.0 1.0
8. Miscellaneous manufactured articles 60.9 7.3 52.9 7.3 49.1 6.9 47.7 6.1 47.8 5.9
82. Furniture and parts thereof 2.6 0.3 1.9 0.3 1.2 0.2 2.6 0.3 1.8 0.2
84. Articles of apparel and clothing accessories 1.3 0.1 0.7 0.1 0.7 0.1 0.6 0.1 0.9 0.1
85. Footwear 18.9 2.3 14.5 2.0 13.2 1.8 12.2 1.6 15.3 1.9
87. Instruments and apparates n.e.s. 23.9 2.9 22.2 3.1 21.9 3.1 17.1 2.2 19.1 2.4
88. Photographic equipment,optical goods etc. 2.3 0.3 1.6 0.2 2.0 0.3 1.5 0.2 1.2 0.2
89. Miscellaneous manufactured articles,n.e.s. 11.2 1.3 11.4 1.6 9.7 1.4 13.2 1.7 9.0 1.1
9. Goods not classified elsewhere 8.1 1.0 14.5 2.0 7.7 1.1 7.0 0.9 8.1 1.0
93. Special transactions and commodities not classified 0.3 0.0 7.1 1.0 0.4 0.0 0.4 0.1 1.0 0.1
97. Gold,non-monetary 0.3 0.0 0.3 0.0 1.1 0.1 0.4 0.0 0.4 0.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 7.5 0.9 7.0 1.0 6.3 0.9 6.3 0.8 6.7 0.8
0-9. All groups combined 836.6 100.0 727.5 100.0 713.5 100.0 778.7 100.0 811.7 100.0

Source: US Census Bureau

Table: Import from Viet Nam (VN) to USA during 2023/5 - 2023/9

2023 / 52023 / 62023 / 72023 / 82023 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 305.5 3.3 333.2 3.6 362.7 3.6 354.7 3.5 339.0 3.2
00. Live animals 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.0 9.0 0.1
01. Meat and meat preparations 0.2 0.0 0.0 0.0 0.7 0.0 0.7 0.0 0.4 0.0
03. Fish and fish preparations 129.2 1.4 134.5 1.5 149.0 1.5 149.6 1.5 151.3 1.4
04. Cereals and cereal preparations 8.8 0.1 7.0 0.1 7.3 0.1 8.2 0.1 7.2 0.1
05. Vegetables and fruit 93.0 1.0 110.9 1.2 121.5 1.2 113.2 1.1 99.7 0.9
06. Sugars,sugar preparations and honey 1.6 0.0 1.5 0.0 1.1 0.0 2.4 0.0 3.3 0.0
07. Coffee,tea,cocoa,spices 56.0 0.6 61.5 0.7 64.7 0.6 60.5 0.6 47.0 0.4
08. Feeding stuff for animals 3.9 0.0 4.2 0.0 5.2 0.1 6.0 0.1 7.7 0.1
09. Miscellaneous edible products and preparations 12.5 0.1 13.2 0.1 12.8 0.1 14.0 0.1 13.0 0.1
1. Beverages and tobacco 5.8 0.1 6.4 0.1 4.5 0.0 4.0 0.0 3.9 0.0
11. Beverages 5.6 0.1 5.6 0.1 4.4 0.0 3.6 0.0 3.8 0.0
12. Tobacco and tobacco manufactures 0.2 0.0 0.8 0.0 0.1 0.0 0.3 0.0 0.1 0.0
2. Crude materials,inedible,except fuels 25.7 0.3 24.1 0.3 33.7 0.3 27.2 0.3 26.0 0.2
23. Crude rubber (incl.synthetic) 0.9 0.0 1.5 0.0 3.1 0.0 2.8 0.0 2.6 0.0
24. Cork and wood 11.3 0.1 10.4 0.1 10.9 0.1 10.7 0.1 11.7 0.1
26. Textile fibres and their wastes 5.3 0.1 5.3 0.1 5.5 0.1 3.9 0.0 3.7 0.0
27. Crude fertilizers and crude minerals 0.2 0.0 0.2 0.0 7.1 0.1 1.5 0.0 0.3 0.0
28. Metalliferous ores and metal scrap 1.0 0.0 2.0 0.0 1.1 0.0 0.9 0.0 1.3 0.0
29. Crude animal,vegetable materials n.e.s. 7.0 0.1 4.6 0.0 6.0 0.1 7.3 0.1 6.3 0.1
4. Animal and vegetable oils and fats 15.7 0.2 10.0 0.1 1.4 0.0 14.5 0.1 1.7 0.0
41. Animal oils and fats 14.9 0.2 8.3 0.1 00 12.5 0.1 00
42. Fixed vegetable fats and oils 0.5 0.0 1.2 0.0 1.1 0.0 1.3 0.0 1.1 0.0
43. Processed animal or vegetable oils,etc. 0.3 0.0 0.5 0.0 0.3 0.0 0.8 0.0 0.6 0.0
5. Chemicals and related products,n.e.s. 52.7 0.6 50.3 0.5 56.4 0.6 50.7 0.5 57.4 0.5
51. Organic chemicals 3.2 0.0 2.2 0.0 1.9 0.0 2.0 0.0 2.4 0.0
52. Inorganic chemicals 3.6 0.0 4.7 0.1 5.5 0.1 4.2 0.0 3.4 0.0
53. Dyeing,tanning and colouring material 0.8 0.0 0.9 0.0 0.5 0.0 0.3 0.0 0.6 0.0
54. Medicinal and pharmaceutical products 0.6 0.0 2.1 0.0 2.9 0.0 2.8 0.0 2.5 0.0
55. Perfume,cleaning etc.preparations 4.2 0.0 3.3 0.0 5.5 0.1 4.8 0.0 6.1 0.1
56. Fertilizers,manufactured 0.6 0.0 0.5 0.0 0.3 0.0 0.4 0.0 0.4 0.0
57. Plastics in primary forms 15.4 0.2 16.5 0.2 16.3 0.2 16.8 0.2 21.5 0.2
58. Plastics in non-primary forms 20.2 0.2 16.3 0.2 19.7 0.2 16.4 0.2 17.4 0.2
59. Chemical materials and products,n.e.s. 4.1 0.0 3.8 0.0 3.8 0.0 3.0 0.0 3.1 0.0
6. Basic manufactures 624.5 6.8 643.1 7.0 646.1 6.4 715.9 7.0 645.1 6.1
61. Leather,dressed fur,etc. 6.0 0.1 6.9 0.1 7.4 0.1 8.6 0.1 7.0 0.1
62. Rubber manufactures,n.e.s. 114.0 1.2 112.6 1.2 117.6 1.2 128.7 1.3 122.4 1.2
63. Wood and cork manufactures 54.8 0.6 54.7 0.6 61.8 0.6 60.4 0.6 56.2 0.5
64. Paper,paperboard and articles thereof 65.6 0.7 72.5 0.8 54.5 0.5 50.1 0.5 55.5 0.5
65. Textile yarn,fabrics,made up articles,etc. 76.6 0.8 68.0 0.7 74.8 0.7 82.2 0.8 77.6 0.7
66. Non-metallic mineral manufactures,n.e.s. 85.0 0.9 93.0 1.0 84.4 0.8 85.3 0.8 80.2 0.8
67. Iron and steel 37.9 0.4 54.7 0.6 62.5 0.6 100.2 1.0 43.2 0.4
68. Non-ferrous metals 17.6 0.2 19.4 0.2 16.4 0.2 21.6 0.2 17.6 0.2
69. Manufactures of metals,n.e.s. 167.1 1.8 161.3 1.7 166.7 1.7 178.9 1.8 185.3 1.7
7. Machinery,transport equipment 4,580.0 49.8 4,538.5 49.1 5,096.2 50.7 4,926.7 48.3 5,568.2 52.3
71. Power generating machinery and equipment 90.2 1.0 65.3 0.7 96.0 1.0 84.8 0.8 85.2 0.8
72. Machinery for specialized industries 83.6 0.9 88.4 1.0 67.2 0.7 74.9 0.7 80.3 0.8
73. Metal working machinery 4.4 0.0 3.8 0.0 5.9 0.1 8.6 0.1 9.0 0.1
74. General industrial machinery n.e.s. 132.7 1.4 133.6 1.4 127.3 1.3 128.0 1.3 135.9 1.3
75. Office machines and adp machines 957.6 10.4 1,143.3 12.4 1,202.8 12.0 1,160.6 11.4 1,289.6 12.1
76. Telecommunications and sound recording equipment 1,940.3 21.1 1,819.1 19.7 2,217.2 22.0 2,062.5 20.2 2,682.6 25.2
77. Electric machinery,n.e.s.and parts 1,233.9 13.4 1,211.3 13.1 1,302.7 13.0 1,328.2 13.0 1,204.4 11.3
78. Road vehicles 125.5 1.4 63.6 0.7 65.1 0.6 68.5 0.7 73.0 0.7
79. Other transport equipment 11.9 0.1 10.1 0.1 12.0 0.1 10.8 0.1 8.1 0.1
8. Miscellaneous manufactured articles 3,502.6 38.1 3,566.9 38.6 3,787.7 37.7 4,016.7 39.4 3,844.3 36.1
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 41.1 0.4 48.1 0.5 53.1 0.5 68.9 0.7 57.5 0.5
82. Furniture and parts thereof 879.7 9.6 884.2 9.6 822.9 8.2 881.7 8.6 805.3 7.6
83. Travel goods,handbags and sim.containers 87.5 1.0 104.8 1.1 106.0 1.1 101.7 1.0 111.1 1.0
84. Articles of apparel and clothing accessories 1,151.6 12.5 1,270.0 13.7 1,513.1 15.0 1,489.9 14.6 1,454.0 13.7
85. Footwear 724.7 7.9 692.6 7.5 641.4 6.4 806.7 7.9 692.2 6.5
87. Instruments and apparates n.e.s. 70.8 0.8 61.7 0.7 60.3 0.6 57.3 0.6 58.9 0.6
88. Photographic equipment,optical goods etc. 15.5 0.2 11.8 0.1 17.1 0.2 14.5 0.1 16.6 0.2
89. Miscellaneous manufactured articles,n.e.s. 531.8 5.8 493.7 5.3 573.8 5.7 596.0 5.8 648.6 6.1
9. Goods not classified elsewhere 78.0 0.8 64.8 0.7 67.4 0.7 86.1 0.8 158.1 1.5
93. Special transactions and commodities not classified 50.9 0.6 37.3 0.4 41.0 0.4 57.3 0.6 127.8 1.2
96. Coin (not gold coin or legal) 00 1.2 0.0 00 00 0.5 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 27.1 0.3 26.2 0.3 26.4 0.3 28.8 0.3 29.6 0.3
0-9. All groups combined 9,190.7 100.0 9,237.4 100.0 10,056.3 100.0 10,196.6 100.0 10,643.6 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2023 (Sitc)


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