The southern province of Dong Nai expects a trade surplus of over 1 billion USD this year, given the import-export balance in the past nine months, according to the provincial Department of Statistics
In the period, the province exported nearly 11 billion USD worth of goods, up 11.5 percent year-on-year, the highest growth recorded thus far.
Export items that recorded good growth included footwear, garment-textiles, wooden products, machinery, transport vehicles, computers and electronic products.
The export volume of agricultural products such as cashew nuts and rubber also increased positively.
Meanwhile, Dong Nai’s imports topped 9.91 billion USD, with major imports including machinery, steel and iron, and fibres.
According to the provincial Department of Industry and Trade, large orders for local businesses since the beginning of this year have contributed to the good performance of exports. The number of orders will continue rising in the fourth quarter.
Dong Nai target🐽s 15 billion USD in export☂ turnover for the whole year while import value is forecast to touch 13.5 billion USD.-VNA
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Illustrative image (Photo: VNA)
