| March 2012 |
Total Exports To Vietnam
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Electronic integrated circuits | $79,108,169 |
2 | Cotton, not carded or combed | $61,964,074 |
3 | Frozen beef from cows | $49,409,370 |
4 | Almonds, walnuts, pistachios, hazelnuts, etc. | $45,159,444 |
5 | Sugar and starch residues | $35,658,856 |
6 | Wood, sawed or chipped, greater than 6 meters thic | $34,518,108 |
7 | Scrap iron, steel | $32,057,610 |
8 | Soybeans, whether broken or not | $29,130,832 |
9 | Milk and cream, concentrated or sweetened | $25,028,794 |
10 | Landline, cellular phone equipment | $23,392,410 |
Total Imports From Vietnam
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Furniture, parts | $400,509,629 |
2 | Footware, sole of rubber, plastic or leather; uppe | $327,300,241 |
3 | Sweaters, pullovers, vest, knit or crocheted | $317,174,427 |
4 | Women's or girls' suits, not knit | $287,285,535 |
5 | Footware, sole and upper rubber or plastic | $203,019,961 |
6 | Women's or girls' suits, knit or crocheted | $195,009,378 |
7 | Coffee | $164,853,052 |
8 | Men's or boys' suits, not knit | $159,668,400 |
9 | Printers, all types, parts | $106,276,375 |
10 | Landline, cellular phone equipment | $98,625,683 |
| March 2012 |
Top Vietnam Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Los Angeles | $2,178,790,051 |
2 | New York City | $580,008,001 |
3 | Atlanta/Savannah | $368,764,959 |
4 | Seattle | $289,032,209 |
5 | San Francisco | $275,609,691 |
6 | Cleveland | $237,421,668 |
7 | Chicago | $201,221,799 |
8 | Houston | $169,844,388 |
9 | New Orleans | $166,962,086 |
10 | Norfolk | $132,011,754 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
Vietnam’s trade rose to $5,513,923,360 through March
Vietnam’s trade with the United States rose to $5,513,923,360 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 16.24 percent above its total trade during the same time period last year. Vietnam’s exports decreased -2.44 percent while imports rose 21.55 percent. The U.S. deficit with Vietnam was $3,464,768,938.
Through March, Vietnam’s top U.S. Customs districts for total imports and exports were No. 1 Los Angeles, No. 2 New York City, No. 3 Atlanta/Savannah, No. 4 Seattle and No. 5 San Francisco compared to last year when the top spots were held by No. 1 Los Angeles, No. 2 New York City, No. 3 Seattle, No. 4 San Francisco and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 49.34 percent of Vietnam’s U.S. trade.. That compares to 28.48 percent for the nation’s top five Customs districts during the same time period.Taking a closer look at the leading U.S. gateways for U.S. trade with Vietnam,:
- Trade with No. 1 Los Angeles rose 7.25 percent to $2,178,790,051.
Exports fell -17.85 percent to $423,053,028. Imports rose 15.76 percent to $1,755,737,023. - Trade with No. 2 New York City rose 17.31 percent to $580,008,001.
Exports rose 29.91 percent to $71,644,150. Imports rose 15.73 percent to $508,363,851. - Trade with No. 3 Atlanta/savannah rose 52.95 percent to $368,764,959.
Exports rose 54.13 percent to $123,529,629. Imports rose 52.36 percent to $245,235,330. - Trade with No. 4 Seattle rose 15.84 percent to $289,032,209.
Exports rose 51.49 percent to $132,877,163. Imports fell -3.49 percent to $156,155,046. - Trade with No. 5 San Francisco rose 11.04 percent to $275,609,691.
Exports fell -22.80 percent to $65,954,664. Imports rose 28.81 percent to $209,655,027.
Through March, 3 Customs districts posted trade surpluses with Vietnam while 40 had deficits. That compares with 4 surpluses and 40 deficits for the same period one year ago. The top surplus was with Pembina, N.D. at $4,842,331, the largest deficit was with Los Angeles at $-1,332,683,995.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to Vietnam by value through March were electronic integrated circuits; cotton, not carded or combed; frozen beef from cows; almonds, walnuts, pistachios, hazelnuts, etc.; and sugar and starch residues, respectively. They accounted for 26.48 percent of total exports to Vietnam.
The value of the top five U.S. imports from Vietnam -- furniture, parts; footware, sole of rubber, plastic or leather; uppe; sweaters, pullovers, vest, knit or crocheted; women's or girls' suits, not knit; and footware, sole and upper rubber or plastic -- accounted for 34.20 percent of all inbound shipments.
Looking more closely at U.S. exports to Vietnam:
- Electronic integrated circuits rose 125.31 percent compared to last year to $79,108,169.
- Cotton, not carded or combed fell -58.70 percent compared to last year to $61,964,074.
- Frozen beef from cows rose 40.28 percent compared to last year to $49,409,370.
- Almonds, walnuts, pistachios, hazelnuts, etc. rose 666.10 percent compared to last year to $45,159,444.
- Sugar and starch residues rose 12.78 percent compared to last year to $35,658,856.
Looking more closely at U.S. imports from Vietnam
- Furniture, parts rose 24.31 percent compared to last year to $400,509,629.
- Footware, sole of rubber, plastic or leather; uppe rose compared to last year to $327,300,241.
- Sweaters, pullovers, vest, knit or crocheted rose 4.93 percent compared to last year to $317,174,427.
- Women's or girls' suits, not knit rose 1.46 percent compared to last year to $287,285,535.
- Footware, sole and upper rubber or plastic rose 15.56 percent compared to last year to $203,019,961.
In the latest annual figures available, Vietnam recorded $4,743,687,488 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, New York City, San Francisco, Seattle and Atlanta/Savannah. Total U.S. exports to Vietnam were $4,340,666,850 and imports from Vietnam were $17,485,178,553. The U.S. deficit with Vietnam was $-13,144,511,703.