Vietnam's footwear exports to US fell 27% in Sept amid Trump tariffs
Boxes for new shoes are seen at Nguyen Chi Cuong handmade shoe factory in Dong Van town, Vietnam April 22, 2019. REUTERS/Kham
HANOI :Vietnam's footwear exports to the United States plunged 27 per cent in September to $611 million, marking the steepest decline among all sectors following the implementation of tariffs by the U.S. government, according to customs data released Monday.
Textile exports also saw a sharp monthly drop of 20 per cent, while shipments of phones and components fell by 24.38 per cent, according to the customs.
Despite these sectoral declines, Vietnam's overall exports to the United States edged down just 1.5 per cent to $13.7 billion in September, cushioned by gains in coffee and machinery exports, the data showed.
Source: Reuters
