Vietnam May Be Winning the U.S.-China Trade War — Panjiva
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Vietnam May Be Winning the U.S.-China Trade War

China 3063 Cons. Discr. - Apparel 537 Cons. Discr. - Durables 585 Industrials - Capital Goods 625 Info Tech - Tech Hardware 877 Tariffs 1878 U.S. 5418 Vietnam 418

Continued uncertainties about the outcome to the U.S.-China trade war may be leading companies to accelerate changes in their supply chains to include sourcing from other countries. Vietnam has been one beneficiary of that process over the longer-term. Vietnam’s export development has been rapid. Electricals and electronics became 32.4% of exports in 2016 compared to 5.9% in 2007. That’s twice as fast as China which has reached 26.4% in 2017 from 13.4% in 1997. Vietnam’s export growth outpaced China in 2017 with  21.6% year over year growth compared to China’s 7.9%. More r...

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