Vietnam's Export Boom to the U.S.: The Role of Chinese Firms

Chris A. Avalos, Trang T. Hoang and Eva Van Leemput
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Trang T. Hoang: https://www.federalreserve.gov/econres/trang-t-hoang.htm

No 2026-07-17-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In recent years, Vietnam has attracted considerable attention as a potential major beneficiary of the 2018-19 U.S.-China tariff increases, reflecting substantial trade diversion as exports shifted away from China (Alfaro and Chor, 2023; Freund et al., 2024). As shown in the left panel of Figure 1, U.S. imports from China declined sharply after the 2018-19 tariffs, while imports from Vietnam tripled by 2025.

Date: 2026-07-17
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:103556

DOI: 10.17016/2380-7172.4117

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