Ben Tre hopes to earn 190 million USD from exports in Q4
The Mekong Delta province of Ben Tre’s export turnover in the last quarter of 2016 is estimated to reach 190 million USD, according to the provincial Department of Industry and Trade.
Producing coconut fiber in Ben Tre (Source: VNA)The figure is expected to lift the locality’s export turnover in the year to 725 million USD, up 11 percent from the previous year, fulfilling 92 percent of the target set for 2016.
In the first nine months of this year, the province’s export recorded stable growth, achieving about 535 million USD, a year-on-year increase of 13 percent.
However, the locality witnessed drops in export volume and prices of several key exports such rice, coconut fiber, and aquatic products, making it difficult for Ben Tre to hit its export turnover target.
Truong Minh Nhut, Director of the department, attributed the problem to a shortage of materials for processing and strict import requirements in food safety.
Ben Tre ships products to 115 countries ad territories worldwide, with the Asian market accounting for the largest proportion of its total export turnover at 68 percent. American and European markets make up 16 percent and 13 percent, respectively.-VNA
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