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EU lost its top spot to the US of Vietnam’s largest export market in 2014

Related Keywords: ASEAN ranked third, fibers and yarns, Foreign direct investment, Japan, textiles and garments, US surpassed EU, Vietnam export, Vietnam’s biggest export market

Vietnam raked in $28.5 billion from exports to the U.S. in 2014, up 19.6 percent compared with 2013, according to the General Statistics Office of Vietnam (GSO). In particular, the fastest growth rate was seen in such groups as textiles and garments (13.9 percent), footwear (26.1 percent), wood and wooden products (12.8 percent), and electronics, computers and components (45 percent).

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