Binh Phuoc posts 1.2-billion-USD trade surplus

Processing cashew nuts for export. (Photo: VNA)

Binh Phuoc (VNA) – The southern province of Binh Phuoc enjoyed a trade surplus of 1.2 billion USD in the first 11 months of 2021, according to the provincial Department of Statistics.

The department reported that the locality has recorded an impressive growth of export turnover, reaching an estimated 3.5 billion USD in the reviewed period, up 32.6 percent over the same period last year, and 14.3 percent higher than the plan set for 2021.

Meanwhile, its import turnover totalled nearly 2.3 billion USD, up 44.8 percent year-on-year and 34.8 percent higher than the 2021 plan.

Binh Phuoc’s industrial production index surged by 16.3 percent compared to the same period in 2020, of which the processing and manufacturing industry; the production and distribution of electricity, gas, hot water and steam, and air conditioners; and the industry of water supply, waste and wastewater management and treatment witnessed respective surges of 17.1 percent, 11.6 percent and 6.5 percent.

A number of second-level industries that had recorded high growth indexes included the production of paper and paper products (up 53 percent), food production and processing (up over 29 percent), and motor vehicle production (up nearly 26 percent)./.