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 2021/3 - 2021/7

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


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.70.60.70.60.6
Import3.73.53.73.33.5
Trade in Goods2.52.42.62.32.4

USA's foreign trade with Viet Nam, exports to Viet Nam and imports from Viet Nam in Juli 2021


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.

In Juli Viet Nam was USA's tenth most important foreign trade partner. Most of the value of trade between the countries consists of the import to USA. Viet Nam's share of USA's foreign trade in goods in Juli 2021 represented a share of 2.4 per cent. Share of USA's that month's exports was 0.6% and 3.5% of imports. Amounting trade to worth of $9.1 billion was 10.0 per cent bigger than in Juli of the previous year. In Juli the trade balance with Viet Nam was $7.3 billion in deficit for United States of America.

The value of imports from Viet Nam was 9.3 per cent higher than in Juli of the previous year, thus amounting to $8.2 billion. Major product categories of imports from Viet Nam were Sitc821 (furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings), representing 15.0 percent of imports, Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 13.4 % and Sitc851 (footwear) 9.3 % of the imports.

The value of exports to Viet Nam were 17.6 percent higher than in Juli of the previous year, thus amounting to $909 million. The largest product groups of exports were: Sitc263 (cotton), which represented a share of 8.9 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) 6.7 % and Sitc282 (ferrous waste and scrap; remelting scrap ingots of iron or steel) 6.2 % of the exports.

Significant increase in trade in goods in early 2021

During January-Juli, trade in goods with Viet Nam has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-Juli of the previous year. Growth was as high as 35.2943985560831 per cent and the value of the trade increased to $62.7 billion. During January-Juli the value of imports was $56.1 billion. The export value was $6.6 billion. Compared to the corresponding period of the previous year, the value of imports increased by 38.1% and the value of exports by 15.5%. 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 $10.0 billion. In export the largest value had Sitc263 (cotton), worth being $850 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $49.4 billion. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $34.8 billion.


Table: USA's export to Viet Nam (VN) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 227.9 22.8 137.5 14.7 146.9 13.6 118.5 13.7 137.0 15.1
00. Live animals 0.3 0.0 0.7 0.1 0.2 0.0 0.1 0.0 0.3 0.0
01. Meat and meat preparations 17.8 1.8 13.9 1.5 16.8 1.6 16.1 1.9 13.10 1.5
02. Dairy products and birds' eggs 28.5 2.9 22.3 2.4 29.5 2.7 14.6 1.7 14.3 1.6
03. Fish and fish preparations 8.1 0.8 9.0 1.0 9.5 0.9 3.7 0.4 6.0 0.7
04. Cereals and cereal preparations 73.8 7.4 19.1 2.0 6.6 0.6 0.10 0.1 0.5 0.1
05. Vegetables and fruit 31.9 3.2 18.8 2.0 20.6 1.9 24.9 2.9 23.8 2.6
06. Sugars,sugar preparations and honey 2.8 0.3 3.3 0.3 4.1 0.4 2.8 0.3 2.3 0.2
07. Coffee,tea,cocoa,spices 6.2 0.6 7.0 0.7 5.9 0.5 5.8 0.7 13.10 1.5
08. Feeding stuff for animals 46.4 4.6 34.4 3.7 42.5 3.9 41.5 4.8 49.1 5.4
09. Miscellaneous edible products and preparations 12.5 1.2 9.4 1.0 11.7 1.1 8.4 1.0 13.1 1.4
1. Beverages and tobacco 8.6 0.9 5.9 0.6 9.1 0.8 10.2 1.2 7.5 0.8
11. Beverages 6.9 0.7 5.2 0.5 4.1 0.4 8.2 0.9 4.0 0.4
12. Tobacco and tobacco manufactures 1.8 0.2 0.8 0.1 5.0 0.5 2.1 0.2 3.6 0.4
2. Crude materials,inedible,except fuels 285.4 28.6 314.7 33.7 389.9 36.2 280.8 32.5 299.2 32.9
21. Hides,skins,furskins,raw 1.0 0.1 0.7 0.1 0.5 0.0 0.6 0.1 0.4 0.0
22. Oil seeds,oleaginous fruits 32.7 3.3 14.4 1.5 17.1 1.6 19.6 2.3 83.1 9.1
23. Crude rubber (incl.synthetic) 3.8 0.4 1.4 0.1 3.5 0.3 2.7 0.3 1.6 0.2
24. Cork and wood 24.9 2.5 24.1 2.6 33.1 3.1 33.1 3.8 36.5 4.0
25. Pulp and waste paper 33.4 3.3 38.3 4.1 47.10 4.4 36.5 4.2 28.9 3.2
26. Textile fibres and their wastes 143.1 14.3 149.8 16.0 162.4 15.1 99.1 11.5 82.8 9.1
27. Crude fertilizers and crude minerals 1.10 0.2 0.7 0.1 2.0 0.2 1.9 0.2 0.7 0.1
28. Metalliferous ores and metal scrap 38.7 3.9 76.9 8.2 117.7 10.9 81.4 9.4 60.0 6.6
29. Crude animal,vegetable materials n.e.s. 6.2 0.6 8.8 0.9 6.1 0.6 6.3 0.7 5.5 0.6
3. Mineral fuels etc 4.9 0.5 1.6 0.2 30.2 2.8 13.8 1.6 23.6 2.6
33. Petroleum and products 4.9 0.5 1.6 0.2 1.1 0.1 2.2 0.2 2.4 0.3
34. Gas,natural and manufactured 0 0.0 0 0.0 29.1 2.7 11.7 1.3 21.2 2.3
4. Animal and vegetable oils and fats 0.4 0.0 0.3 0.0 0.2 0.0 0.1 0.0 1.9 0.2
42. Fixed vegetable fats and oils 0.3 0.0 0.2 0.0 0.1 0.0 0.1 0.0 1.9 0.2
5. Chemicals and related products,n.e.s. 120.9 12.1 128.5 13.7 130.7 12.1 126.6 14.6 137.0 15.1
51. Organic chemicals 4.4 0.4 5.5 0.6 15.9 1.5 22.2 2.6 12.5 1.4
52. Inorganic chemicals 12.2 1.2 22.6 2.4 15.6 1.4 7.6 0.9 17.5 1.9
53. Dyeing,tanning and colouring material 5.4 0.5 5.3 0.6 4.3 0.4 4.8 0.6 6.5 0.7
54. Medicinal and pharmaceutical products 17.9 1.8 15.10 1.7 21.4 2.0 19.1 2.2 14.7 1.6
55. Perfume,cleaning etc.preparations 12.9 1.3 15.1 1.6 13.10 1.3 10.6 1.2 10.5 1.1
56. Fertilizers,manufactured 0.2 0.0 0.3 0.0 0.7 0.1 0.2 0.0 0.6 0.1
57. Plastics in primary forms 41.0 4.1 40.8 4.4 29.9 2.8 37.3 4.3 39.7 4.4
58. Plastics in non-primary forms 10.3 1.0 7.2 0.8 7.5 0.7 6.3 0.7 7.8 0.9
59. Chemical materials and products,n.e.s. 16.8 1.7 16.2 1.7 21.9 2.0 18.8 2.2 27.7 3.0
6. Basic manufactures 49.10 5.0 42.4 4.5 46.1 4.3 50.2 5.8 47.2 5.2
61. Leather,dressed fur,etc. 12.5 1.2 10.1 1.1 12.9 1.2 15.5 1.8 12.8 1.4
62. Rubber manufactures,n.e.s. 1.3 0.1 0.7 0.1 0.6 0.0 1.1 0.1 0.8 0.1
63. Wood and cork manufactures 1.8 0.2 1.2 0.1 0.10 0.1 0.8 0.1 0.6 0.1
64. Paper,paperboard and articles thereof 3.1 0.3 3.1 0.3 3.1 0.3 3.1 0.4 2.2 0.2
65. Textile yarn,fabrics,made up articles,etc. 8.3 0.8 6.5 0.7 7.3 0.7 6.1 0.7 7.1 0.8
66. Non-metallic mineral manufactures,n.e.s. 12.0 1.2 9.8 1.0 11.5 1.1 12.9 1.5 12.6 1.4
67. Iron and steel 1.5 0.1 2.3 0.2 1.7 0.2 1.4 0.2 1.8 0.2
68. Non-ferrous metals 3.5 0.3 2.4 0.3 1.2 0.1 3.4 0.4 3.4 0.4
69. Manufactures of metals,n.e.s. 6.4 0.6 6.6 0.7 7.1 0.7 6.2 0.7 6.4 0.7
7. Machinery,transport equipment 231.0 23.1 237.10 25.5 260.3 24.1 205.2 23.8 200.1 22.0
71. Power generating machinery and equipment 6.5 0.6 11.5 1.2 10.2 0.9 7.5 0.9 3.9 0.4
72. Machinery for specialized industries 7.1 0.7 9.2 1.0 10.0 0.9 6.9 0.8 8.8 1.0
73. Metal working machinery 3.9 0.4 1.3 0.1 1.2 0.1 0.9 0.1 0.5 0.1
74. General industrial machinery n.e.s. 16.2 1.6 12.10 1.4 10.2 0.9 10.4 1.2 14.2 1.6
75. Office machines and adp machines 10.10 1.1 15.2 1.6 16.7 1.5 15.2 1.8 13.8 1.5
76. Telecommunications and sound recording equipment 46.6 4.7 62.2 6.7 82.2 7.6 42.6 4.9 50.3 5.5
77. Electric machinery,n.e.s.and parts 125.2 12.5 101.2 10.8 106.3 9.9 104.5 12.1 81.6 9.0
78. Road vehicles 13.5 1.3 20.3 2.2 21.8 2.0 15.9 1.8 10.6 1.2
79. Other transport equipment 1.4 0.1 4.5 0.5 2.2 0.2 1.7 0.2 16.8 1.8
8. Miscellaneous manufactured articles 57.8 5.8 58.9 6.3 57.5 5.3 52.3 6.1 48.2 5.3
82. Furniture and parts thereof 0.3 0.0 0.6 0.1 0.4 0.0 0.7 0.1 0.2 0.0
83. Travel goods,handbags and sim.containers 0.2 0.0 0.7 0.1 0.1 0.0 0.1 0.0 0.2 0.0
84. Articles of apparel and clothing accessories 1.2 0.1 0.7 0.1 1.3 0.1 0.7 0.1 0.4 0.0
85. Footwear 21.3 2.1 17.0 1.8 18.10 1.8 19.8 2.3 13.9 1.5
87. Instruments and apparates n.e.s. 20.3 2.0 19.3 2.1 18.2 1.7 16.4 1.9 17.6 1.9
88. Photographic equipment,optical goods etc. 3.4 0.3 5.4 0.6 2.4 0.2 1.9 0.2 2.4 0.3
89. Miscellaneous manufactured articles,n.e.s. 11.2 1.1 15.4 1.6 16.1 1.5 12.9 1.5 13.7 1.5
9. Goods not classified elsewhere 11.6 1.2 7.6 0.8 8.0 0.7 6.7 0.8 7.2 0.8
93. Special transactions and commodities not classified 4.6 0.5 0.8 0.1 1.1 0.1 0.4 0.0 0.4 0.0
97. Gold,non-monetary 0.8 0.1 1.2 0.1 0.4 0.0 0.9 0.1 1.1 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 6.3 0.6 5.8 0.6 6.6 0.6 5.5 0.6 5.8 0.6
0-9. All groups combined 998.1 100.0 934.10 100.0 1,078.5 100.0 863.9 100.0 908.6 100.0

Source: US Census Bureau

Table: Import from Viet Nam (VN) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 252.1 2.9 232.3 2.9 355.5 4.2 358.3 4.4 438.4 5.3
00. Live animals 0.1 0.0 0.5 0.0 0.1 0.0 0.9 0.0 0.1 0.0
03. Fish and fish preparations 101.5 1.2 97.5 1.2 151.4 1.8 157.7 1.9 180.0 2.2
04. Cereals and cereal preparations 7.3 0.1 5.3 0.1 7.5 0.1 5.9 0.1 6.10 0.1
05. Vegetables and fruit 82.8 0.9 68.7 0.9 119.3 1.4 116.3 1.4 159.7 1.9
06. Sugars,sugar preparations and honey 5.5 0.1 4.1 0.1 7.4 0.1 8.5 0.1 13.5 0.2
07. Coffee,tea,cocoa,spices 39.1 0.4 41.7 0.5 53.6 0.6 52.8 0.7 58.8 0.7
08. Feeding stuff for animals 7.9 0.1 6.7 0.1 6.3 0.1 6.5 0.1 8.9 0.1
09. Miscellaneous edible products and preparations 8.1 0.1 8.0 0.1 9.10 0.1 9.8 0.1 10.3 0.1
1. Beverages and tobacco 2.6 0.0 4.4 0.1 4.7 0.1 4.8 0.1 4.3 0.1
11. Beverages 2.3 0.0 3.8 0.0 4.2 0.0 4.4 0.1 3.7 0.0
12. Tobacco and tobacco manufactures 0.4 0.0 0.6 0.0 0.6 0.0 0.5 0.0 0.7 0.0
2. Crude materials,inedible,except fuels 21.4 0.2 16.7 0.2 20.9 0.2 18.1 0.2 25.7 0.3
23. Crude rubber (incl.synthetic) 8.9 0.1 5.6 0.1 5.3 0.1 2.9 0.0 4.8 0.1
24. Cork and wood 3.8 0.0 2.8 0.0 4.3 0.0 3.10 0.0 5.10 0.1
26. Textile fibres and their wastes 3.7 0.0 4.3 0.1 4.8 0.1 5.0 0.1 5.1 0.1
27. Crude fertilizers and crude minerals 0.4 0.0 0.3 0.0 0.2 0.0 0.2 0.0 4.10 0.1
28. Metalliferous ores and metal scrap 0.2 0.0 0.2 0.0 0.2 0.0 0.8 0.0 0.1 0.0
29. Crude animal,vegetable materials n.e.s. 4.7 0.1 3.7 0.0 6.3 0.1 5.5 0.1 5.1 0.1
4. Animal and vegetable oils and fats 1.5 0.0 2.2 0.0 2.9 0.0 2.0 0.0 2.1 0.0
42. Fixed vegetable fats and oils 1.3 0.0 1.7 0.0 2.4 0.0 1.5 0.0 1.4 0.0
43. Processed animal or vegetable oils,etc. 0.2 0.0 0.5 0.0 0.5 0.0 0.6 0.0 0.7 0.0
5. Chemicals and related products,n.e.s. 41.1 0.5 45.3 0.6 53.6 0.6 51.4 0.6 54.7 0.7
51. Organic chemicals 2.2 0.0 1.9 0.0 2.8 0.0 1.10 0.0 2.4 0.0
52. Inorganic chemicals 5.0 0.1 2.9 0.0 5.0 0.1 4.1 0.0 6.2 0.1
53. Dyeing,tanning and colouring material 0.7 0.0 0.7 0.0 0.7 0.0 0.8 0.0 1.1 0.0
54. Medicinal and pharmaceutical products 0.5 0.0 0.4 0.0 0.4 0.0 0.9 0.0 0.6 0.0
55. Perfume,cleaning etc.preparations 6.1 0.1 4.7 0.1 4.6 0.1 3.10 0.0 3.6 0.0
57. Plastics in primary forms 8.7 0.1 18.1 0.2 19.8 0.2 24.6 0.3 16.8 0.2
58. Plastics in non-primary forms 12.5 0.1 12.7 0.2 14.7 0.2 12.8 0.2 16.4 0.2
59. Chemical materials and products,n.e.s. 5.2 0.1 3.8 0.0 5.6 0.1 2.4 0.0 7.7 0.1
6. Basic manufactures 517.10 5.9 504.4 6.3 621.4 7.3 592.6 7.3 673.3 8.2
61. Leather,dressed fur,etc. 7.9 0.1 6.4 0.1 6.1 0.1 6.8 0.1 6.7 0.1
62. Rubber manufactures,n.e.s. 83.1 0.9 89.2 1.1 101.9 1.2 97.8 1.2 105.0 1.3
63. Wood and cork manufactures 57.5 0.7 56.0 0.7 73.1 0.9 71.10 0.9 79.2 1.0
64. Paper,paperboard and articles thereof 28.1 0.3 25.8 0.3 42.4 0.5 46.4 0.6 44.0 0.5
65. Textile yarn,fabrics,made up articles,etc. 85.1 1.0 79.6 1.0 87.2 1.0 91.2 1.1 90.4 1.1
66. Non-metallic mineral manufactures,n.e.s. 70.3 0.8 63.9 0.8 76.2 0.9 80.0 1.0 76.1 0.9
67. Iron and steel 39.6 0.4 41.10 0.5 62.3 0.7 41.8 0.5 98.4 1.2
68. Non-ferrous metals 12.1 0.1 15.4 0.2 22.0 0.3 19.5 0.2 17.9 0.2
69. Manufactures of metals,n.e.s. 134.6 1.5 126.5 1.6 150.6 1.8 137.4 1.7 155.9 1.9
7. Machinery,transport equipment 3,997.4 45.4 3,609.6 45.4 3,522.8 41.2 3,371.6 41.6 2,960.10 36.0
71. Power generating machinery and equipment 97.8 1.1 81.1 1.0 89.5 1.0 83.8 1.0 100.2 1.2
72. Machinery for specialized industries 82.3 0.9 59.3 0.7 80.5 0.9 73.6 0.9 50.1 0.6
73. Metal working machinery 2.3 0.0 1.6 0.0 2.1 0.0 2.4 0.0 3.0 0.0
74. General industrial machinery n.e.s. 179.7 2.0 155.1 2.0 154.3 1.8 157.7 1.9 145.9 1.8
75. Office machines and adp machines 527.2 6.0 509.7 6.4 578.4 6.8 601.7 7.4 483.4 5.9
76. Telecommunications and sound recording equipment 1,901.1 21.6 1,731.9 21.8 1,491.8 17.4 1,439.9 17.8 1,255.9 15.3
77. Electric machinery,n.e.s.and parts 1,136.3 12.9 1,002.0 12.6 1,056.3 12.3 943.4 11.7 851.6 10.3
78. Road vehicles 68.2 0.8 66.9 0.8 64.7 0.8 66.5 0.8 67.3 0.8
79. Other transport equipment 2.10 0.0 2.4 0.0 5.5 0.1 2.9 0.0 3.10 0.0
8. Miscellaneous manufactured articles 3,934.0 44.7 3,423.8 43.1 3,943.4 46.1 3,653.4 45.1 3,996.8 48.6
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 35.9 0.4 30.3 0.4 45.3 0.5 37.7 0.5 48.7 0.6
82. Furniture and parts thereof 1,120.8 12.7 1,046.2 13.2 1,209.7 14.1 1,161.9 14.3 1,237.6 15.0
83. Travel goods,handbags and sim.containers 82.7 0.9 76.5 1.0 93.4 1.1 89.8 1.1 117.4 1.4
84. Articles of apparel and clothing accessories 1,385.7 15.7 1,180.8 14.8 1,233.9 14.4 1,106.2 13.7 1,307.6 15.9
85. Footwear 801.8 9.1 639.5 8.0 792.5 9.3 677.0 8.4 763.1 9.3
87. Instruments and apparates n.e.s. 52.6 0.6 55.3 0.7 55.9 0.7 50.9 0.6 53.10 0.7
88. Photographic equipment,optical goods etc. 8.4 0.1 8.1 0.1 10.1 0.1 10.5 0.1 10.1 0.1
89. Miscellaneous manufactured articles,n.e.s. 446.5 5.1 387.5 4.9 502.8 5.9 519.8 6.4 458.7 5.6
9. Goods not classified elsewhere 32.8 0.4 114.5 1.4 35.8 0.4 45.1 0.6 74.0 0.9
93. Special transactions and commodities not classified 16.5 0.2 98.6 1.2 19.7 0.2 28.10 0.4 57.2 0.7
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 16.4 0.2 15.10 0.2 16.2 0.2 16.2 0.2 16.9 0.2
0-9. All groups combined 8,800.7 100.0 7,953.1 100.0 8,560.6 100.0 8,096.10 100.0 8,229.10 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

USA's Trade in Goods Start Page