Two-way trade turnover between Vietnam and the US in 2011 continued to rise sharply compared to 2010, according to US customs statistics released on November 4.    

The figures show that Vietnamese exports to the country reached US$11.3 billion in the first eight months this year, up 20.6 percent against the same period last year, while US exports to Vietnam hit US$2.7 billion, a year-on-year increase of 21.5 percent.

Vietnam's exports to the US were mainly garments and textiles, footwear, seafood and wood products. The garment and textile export turnover was the highest at more than US$4.8 billion, up 19 percent compared to the previous year.

Exports of agricultural products to the US saw the sharpest increase of 41 percent, followed by paper and paper products (33 percent), machinery (29 percent), footwear  (26 percent) and arts and handicrafts (25 percent).

US exports to Vietnam included machinery, equipment, raw materials and food. Cotton enjoyed the highest increase in export turnover with 100 percent, followed by machinery, electrical equipment and spare parts, (80 percent), and plastic products, (49 percent).

Milk and dairy products, poultry’s eggs, honey, and motor vehicles also rose by 30 percent.

(VOV)