What does Vietnam export to the United States– The Largest Export Market

Accounting for 28.6% of the country’s total export turnover, the United States is a highly potential market for Vietnamese goods. However, it is also a “demanding” market, requiring businesses to thoroughly understand consumer trends and select reliable partners to ensure smooth export operations. Currently, 3W Logistics provides sea freight services to the United States at competitive rates, helping enterprises understand Vietnam’s key export commodities to the U.S. while supporting export procedures.

1. Overview of Vietnam’s Export Situation to the United States

According to statistics from the General Department of Vietnam Customs, export turnover from Vietnam to the United States increased by USD 21 billion in 2021 compared to 2020. This is a positive signal for Vietnamese goods, especially as the global economy was severely affected by the COVID-19 pandemic. In the first quarter of 2022, the United States remained Vietnam’s largest export market, with export value reaching USD 9 billion.

It can be seen that diverse consumer demand and purchasing habits have created favorable conditions for Vietnamese enterprises to penetrate the U.S. market. In addition, the large Vietnamese community in the U.S. serves as a bridge to promote strong trade relations between the two countries.

>> See more: Container transit time from Vietnam to the United States

2. What Does Vietnam Export to the United States?

Below are the TOP 6 export commodities from Vietnam to the U.S. market:

2.1 Machinery and Equipment

Currently, the United States is the largest importer of machinery, equipment, tools, and spare parts from Vietnam. According to a report by Vietnam Customs in January 2022, export turnover to the U.S. reached approximately USD 3.5 billion, up 7.51% compared to the same period in 2021.

Several machinery categories with significant growth include:

– Extruders: up 312.4%;
– Electric generating sets and rotary converters: up 179.8%;
– Textile fiber preparation, spinning, and weaving machinery: up 124.87%;
– Radar and radio navigation equipment: up 2,187.12%;
– Internal combustion engines: up 1,194.9%;
– Industrial furnaces and ovens: up 288.56%;
– Metal lathes: up 410.73%.

2.2 Textiles and Garments

Textiles and garments are another key export category. Following disruptions caused by COVID-19, many enterprises adapted by shifting from traditional products (such as high-end suits and dress shirts) to more market-responsive items (such as protective clothing, medical textiles, and knitwear).

This transformation has significantly boosted demand, accelerating export growth to global markets, especially the U.S. In January 2022, textile and garment exports to the United States exceeded USD 3.57 billion, representing a 34.2% increase year-on-year.

>> See more: Garment export procedures

2.3 Computers, Electronics, and Components

Data from the General Statistics Office in Q1 2022 shows that exports of computers, electronic components, and optical products to the U.S. increased by 17.2%, reaching nearly USD 3 billion. This indicates a strong recovery in the electronics industry, contributing positively to Vietnam’s economic growth.

2.4 Wood and Wood Products

According to Vietnam Customs, exports of wood and wood products to the U.S. reached USD 8.8 billion in 2021, up 22.4% compared to 2020. Furniture products accounted for 87.6% of total export value, followed by living room, dining room, and bedroom furniture.

This growth is attributed to Vietnamese enterprises maintaining high product quality, innovative designs, and competitive pricing. With this momentum, exports are projected to reach USD 10 billion in 2022, reflecting a promising outlook for the industry.

>> See more: Wood export procedures

2.5 Agro-Forestry-Fishery Products

Agro-forestry-fishery products remain a core export sector. In 2021, exports to the U.S. reached USD 100 billion, up 22.2% year-on-year.

The U.S. is the largest importer of Vietnamese agricultural products, with export value reaching USD 11.9 billion. Additionally, seafood exports to the U.S. exceeded USD 842 million in April 2022, representing a 74% increase compared to the same period in 2021.

>> See more: Seafood export procedures

2.6 Footwear

Prior to the global recovery phase, COVID-19 led to increased unemployment in the U.S., causing consumers to reduce spending, including footwear purchases.

Currently, as global demand recovers, Vietnam’s footwear exports to the U.S. have shown positive growth. In 2021, export turnover reached USD 5.98 billion, accounting for 42% of total exports and increasing by 18.2% compared to 2020.

In summary, the United States is a highly promising yet demanding export market for Vietnam. Businesses must comply with strict regulations regarding customs, packaging, and food safety standards.

Therefore, to successfully export goods to the U.S., enterprises should understand the diversity and openness of American culture while partnering with reputable logistics providers to navigate procedures and trade barriers effectively.