Vietnam International Political Economy

Vietnam exports to the US have declined 7.27 percent in the first 10 months of 2009 as announced by the Vietnamese Ministry of Industry and Trade and according to Yarnsandfibers.com.

The negative Vietnam trade news was expected considering the current impact of the great recession and a falling US dollar, but Vietnam exports should pick as the US recovers. Despite the decline there was an up tick in Vietnam exports of tea, computers and electronic components, fruits and vegetables, precious stones, metals, and footwear.

Nonetheless, 44 percent of Vietnam exports to the US are derived from textiles followed by wood, wood products and footwear.