Dong Nai earned 6.94 billion USD from exports in the January-July period, while spending 6.82 billion US on imports, resulting in a trade surplus of 120 million USD, according to the provincial Industry and Trade Department.

Director of the department Le Van Danh said the province’s export earnings went up 13.8 percent from the same period last year thanks to local enterprises’ success in new markets. Many key currency earners enjoyed good growth, including footwear (12.8 percent), wood products (9.4 percent) and garment and textile (7.9 percent). The export of major farm produce, except for rubber, also saw increases in both volume and value.

At the same time, imports of consumer goods decreased remarkably in the period, helping bring about the trade surplus. Purchase from abroad of yarns and fibre also dropped, as did that of pesticides, computers, electronics and spare parts and animal feeds. Several import items showed increases, including machinery and spare parts (27.7 percent), cotton (11.1 percent), cloth of all kinds (6.7 percent) and footwear materials and accessories (9.1 percent).

The Industry and Trade Department said later this year, it will arrange a trade and investment promotion tour for local enterprises to the Republic of Korea, and select representatives of local fine art and craft makers to attend a fair in Germany.

As part of efforts to further boost export, the department will help local companies build their websites and engage in e-commerce.-VNA