Dong Nai province expects to enjoy a trade surplus of nearly 600 million USD in the first half of 2017.
Dong Nai province expects to enjoy a trade surplus of nearly 600 million USD in the first half of 2017.
According to the provincial People’s Committee, Dong Nai aims to earn 8.1 billion USD from exports in the first half of the year, up 11 percent against the same period last year. Meanwhile, its import turnover in the period is estimated to reach 7.51 billion USD, an increase of 21.3 percent.
Of the export earnings, the foreign-invested sector is projected to contribute 7 billion USD, up 12 percent, while the non-state sector and the state sector are forecast to make up 963 million USD and 108 million USD, respectively.
The trade surplus is attributed to the export growth of hard currency earners such as footwear with 1.3 billion USD and garments with 704 million USD, while wood and wooden furniture and textile products are estimated to contribute 508 million USD and 560 million USD, respectively.
Dong Nai’s export revenues from the Republic of Korea market recorded the highest growth of 19.6 percent, followed by China with 19.2 percent; Japan, 9.6 percent and the US, 5 percent.
In the first five months of the year, Dong Nai province raked in over 6.6 billion USD from exports while importing 6.1 billion USD worth of products.
Of the export earnings, the foreign-invested sector is projected to contribute 7 billion USD, up 12 percent, while the non-state sector and the state sector are forecast to make up 963 million USD and 108 million USD, respectively.
The trade surplus is attributed to the export growth of hard currency earners such as footwear with 1.3 billion USD and garments with 704 million USD, while wood and wooden furniture and textile products are estimated to contribute 508 million USD and 560 million USD, respectively.
Dong Nai’s export revenues from the Republic of Korea market recorded the highest growth of 19.6 percent, followed by China with 19.2 percent; Japan, 9.6 percent and the US, 5 percent.
In the first five months of the year, Dong Nai province raked in over 6.6 billion USD from exports while importing 6.1 billion USD worth of products.
(Source:VNA)
