Dong Nai sees 2.1-billion-USD trade surplus in eight months

Dong Nai sees 2.1-billion-USD trade surplus in eight months hinh anh 1

Illustrative image (Source: VNA)

Dong Nai (VNA) – The southern province of Dong Nai enjoyed a trade surplus of 2.1 billion USD in the first eight months of this year, according to the provincial Department of Statistics.

Export turnover of the locality in the reviewed period hit 12.76 billion USD, representing a year-on-year increase of 5.22 percent, while the province spent 10.66 billion USD on imports, up 1.11 percent from the same period last year.

The foreign investment sector is the biggest contributor to the trade surplus with its 8-month export turnover reaching 10.44 billion USD. Meanwhile, the non-State and State-owned economic sectors respectively earned 1.98 billion USD and 333.2 million USD from export.

The provincial People’s Committee attributed the low growth of export turnover in the period to the reduced export of traditional farm products of the locality, including cashew nut, pepper, coffee and rubber.

The US remains Dong Nai’s biggest importer, buying 490.7 million USD worth of goods, accounting to 29.6 percent.

It is followed by Japan and China with 188.3 million USD, and 187.5 million USD, marking up 11.4 percent and 11.3 percent, respectively.

Dong Nai mainly imports animal feed, corn, yarn and plastic materials from China, the Republic of Korea, and Taiwan (China).-VNA

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