Fact Check: The United States exported $13.1 billion worth of goods to Vietnam in 2024.

Fact Check: "The United States exported $13.1 billion worth of goods to Vietnam in 2024."

What We Know

In 2024, the United States exported an estimated $13.1 billion worth of goods to Vietnam. This figure represents a 32.9% increase from the previous year, which translates to an increase of $3.2 billion from 2023 levels (USTR). The total trade between the U.S. and Vietnam reached approximately $149.6 billion in 2024, with U.S. imports from Vietnam amounting to $136.6 billion, resulting in a trade deficit of $123.5 billion for the U.S. (USTR, New York Times).

Analysis

The claim that the U.S. exported $13.1 billion worth of goods to Vietnam in 2024 is substantiated by multiple reliable sources, including the Office of the U.S. Trade Representative and the United Nations COMTRADE database (USTR, Trading Economics). These sources provide consistent data regarding trade figures and trends.

The increase in exports is significant, reflecting a broader trend of growing economic ties between the two nations. The reported figures are corroborated by various news outlets, including the New York Times and Fox Business, which also highlight the context of these trade dynamics, including the impact of tariffs and trade agreements (New York Times, Fox Business).

While some reports focus on the implications of tariffs and trade agreements, they do not contradict the export figure itself. The reliability of the sources is high, given that they are official trade reports and reputable news organizations with established credibility in economic reporting.

Conclusion

Verdict: True. The claim that the United States exported $13.1 billion worth of goods to Vietnam in 2024 is accurate, supported by multiple credible sources. The data reflects a significant increase in trade activity between the two countries, indicating strengthening economic relations.

Fact Check: The United States exported $13.1 billion worth of goods to Vietnam in 2024.