TradePhilippine, Vietnamese exports to U.S. jump as supply chains shift
ASEAN's America-bound shipments top China-bound for 2nd straight quarter
Lach Huyen International Port, in the northern Vietnamese city of Haiphong, opened in May 2018 and can accommodate large container ships. (Photo by Atsushi Tomiyama)
ATSUSHI TOMIYAMA, Nikkei staff writer
October 31, 2024 10:41 JST
TOKYO -- ASEAN's exports to the U.S. topped those to China for the second consecutive quarter in the April to June period, underscoring America's growing importance to the region as the U.S.-China trade war intensifies and China's economy slows, prompting shifts in global supply chains.