Does Vietnam gain and lose from the United States-China trade war?

International Journal of Economics and Management Studies

© 2020 by SSRG - IJEMS Journal

Volume 7 Issue 3

Year of Publication : 2020

Authors : Nguyen Thi Kim Huyen, Vu Thi Minh Ngoc

10.14445/23939125/IJEMS-V7I3P112

How to Cite?

Nguyen Thi Kim Huyen, Vu Thi Minh Ngoc, "Does Vietnam gain and lose from the United States-China trade war?," SSRG International Journal of Economics and Management Studies, vol. 7,  no. 3, pp. 74-80, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I3P112

Abstract:

The trade war between the United States and China, the two largest traders and economies in the world, has not only affected their economies but also others. The effects of that trade war on Vietnam’s trade can be found in the current paper. The value of goods exported to the United States increases by 308%, the bulk of which originates from products with the same names as products imported from China (so-called CN products). The value of imports also increases. More interestingly, most of the import value sources are from goods with the same names as products exported to the United States (so-called US products). Their values are higher 2.8 times than those of non-US goods.

Keywords:

Vietnam’s imports and exports, trade war, non-US, US products, non-CN, CN products.

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