In the eight-month period, the province shipped nearly USD 11 billion worth of products to foreign countries, a year-on-year increase of 11 percent.
The trade surplus was contributed by key staples like footwear (USD 1.9 billion, up 9.4 percent), garments (over USD 1 billion, up 8.2 percent) and wooden furniture (USD 722 million, up 12.3 percent).
The Southern province of Dong Nai enjoys a trade surplus of nearly USD 1.4 billion.
The provincial People’s Committee said that the footwear sector has witnessed the highest export turnover in the past years. Foreign direct investment (FDI) companies like Changsin, Taekwang Vina and Pouchen have enjoyed sound and stable growth. They are committing to raising production capacity to meet orders from the world’s big footwear brands in the coming time.
Despite facing fierce competition with Chinese, Indian and Bangladeshi enterprises, Vietnamese garment businesses still ensure stable orders thanks to their prestige and product quality.
Regarding wooden products, numerous firms have sought new markets while taking advantage of the free trade agreements signed with the Republic of Korea and Japan to boost their exports.
Meanwhile, several products saw high export growth like fiber (USD 795 million, up 25.6 percent), machines and equipment (USD 670 million, up 22.9 percent), computers and electronic products (USD 318 million, up 22.8 percent).
High export prices of agricultural products also contributed to the province’s export revenue.
The largest importers of Dong Nai goods in the period were the US with revenue of USD 2.54 billion, China with USD 944 million and Japan with USD 934 million.
Source: VNA