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 3053 Cons. Discr. - Apparel 531 Cons. Discr. - Durables 575 Industrials - Capital Goods 623 Info Tech - Tech Hardware 866 Tariffs 1870 U.S. 5404 Vietnam 414

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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