Binh Duong records 1.1 billion USD trade surplus in two quarters
The southern province of Binh Duong ran a trade surplus of nearly 1.1
billion USD in the first six months of this year, according to the
provincial statistics department.
The southern province of Binh Duong ran a trade surplus of nearly 1.1
billion USD in the first six months of this year, according to the
provincial statistics department.
Of the total revenue, the province raked in 8.5 billion USD from exports, up 16.6 percent from the same period last year; 7.2 billion USD was contributed by the foreign investment sector and 1.5 billion USD from the domestic economy.
Major exports included wooden furniture with a total revenue of 1.7 billion USD, shooting up 15.7 percent and accounting for 12.6 percent of the provincial exports.
Meanwhile, free trade deals signed with the Republic of Korea and the Eurasian Economic Union (EAEU) helped increase the value of garment exports to 904 million USD, rising 11.2 percent against 2014’s first two quarters.
Increase in export revenue was also seen in footwear (741 million USD, up 16.4 percent) and ceramic products (nearly 51 million USD, up 6.6 percent).
Through June, the province spent 7.4 billion USD on imports, up 16.9 percent from the same period in 2014. Of the amount, nearly 6 billion USD was spent on imports of foreign investment sector; the import value in the domestic economic sector was nearly 1.5 billion USD.-VNA
Of the total revenue, the province raked in 8.5 billion USD from exports, up 16.6 percent from the same period last year; 7.2 billion USD was contributed by the foreign investment sector and 1.5 billion USD from the domestic economy.
Major exports included wooden furniture with a total revenue of 1.7 billion USD, shooting up 15.7 percent and accounting for 12.6 percent of the provincial exports.
Meanwhile, free trade deals signed with the Republic of Korea and the Eurasian Economic Union (EAEU) helped increase the value of garment exports to 904 million USD, rising 11.2 percent against 2014’s first two quarters.
Increase in export revenue was also seen in footwear (741 million USD, up 16.4 percent) and ceramic products (nearly 51 million USD, up 6.6 percent).
Through June, the province spent 7.4 billion USD on imports, up 16.9 percent from the same period in 2014. Of the amount, nearly 6 billion USD was spent on imports of foreign investment sector; the import value in the domestic economic sector was nearly 1.5 billion USD.-VNA
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