Dong Nai sees 2.1-billion-USD trade surplus in eight months
The southern province of Dong Nai enjoyed a trade surplus of 2.1 billion USD in the first eight months of this year, according to the provincial Department of Statistics.
DongNai (VNA) – The southern province of Dong Nai enjoyed a tradesurplus of 2.1 billion USD in the first eight months of this year, according tothe provincial Department of Statistics.
Export turnover of the locality in the reviewed period hit 12.76 billion USD,representing a year-on-year increase of 5.22 percent, while the province spent 10.66 billion USD on imports, up 1.11percent from the same period last year.
The foreign investment sector is the biggest contributor to the trade surpluswith its 8-month export turnover reaching 10.44 billion USD. Meanwhile,the non-State and State-owned economicsectors respectively earned 1.98 billion USD and 333.2 million USD from export.
The provincial People’s Committee attributed the low growth of exportturnover in the period to the reduced export of traditional farm products ofthe locality, including cashew nut, pepper, coffee and rubber.
The US remains Dong Nai’s biggestimporter, buying 490.7 million USD worth of goods, accounting to 29.6 percent.
It is followed by Japan and China with 188.3 million USD, and 187.5 million USD,marking up 11.4 percent and 11.3 percent, respectively.
Dong Nai mainly imports animal feed, corn, yarn and plastic materials fromChina, the Republic of Korea, and Taiwan (China).-VNA
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Illustrative image (Source: VNA) 
