According to the General Department of Vietnam Customs, Vietnam’s total export turnover to the U.S. in 2024 reached nearly $119.6 billion, marking a 23.1% increase compared to the previous year. Key export sectors recorded significant growth:
- Computers, electronic products, and components: Over $23.2 billion (+36.3% YoY), accounting for 19.4% of total exports.
- Machinery, equipment, tools, and spare parts: $22.05 billion (+21.1% YoY), making up 18.4% of total exports.
- Textile and garment exports: $16.1 billion, contributing 13.5% to the total export value.
Vietnam’s strong export performance highlights its increasing competitiveness and growing trade relationship with the U.S.