Province’s export turnover in May reaches US$2.1billion

The province’s export turnover in May, 2018 was estimated at US$2.1billion, up approximately 10% and 19.6% compared to the previous month and the same period last year.

Thus, the figure over the past five months was US$9.24billion. Noticeably, the foreign investment sector’s export value surged 18.3% or 80.3% of the province’s total value. Some main export products on garment-textile, footwear, furniture…gained high growth at 17.8%, 14.7%, 8.9%...

Whilst, the province’s import value was estimated at US$1.55billion, up 8.5% and 15.3% compared to the previous month and the corresponding period last year. The figure over the past five months reached US$7billion, a year-on-year increase of 17.1%. Thus, the province’s trade surplus during the period was US$2.1billion.

According to experts, from now to late 2018, the province’s trade surplus will be at higher level, due to the increase of export orders at the year-end.

Reported by M.Nguyen-Translated by K.T