Eight months of 2023, Binh Duong gains trade surplus of $6.1 billion

According to Provincial Statistics Office, over the first eight months of 2023, trade balance had a trade surplus of US$6.1 billion, of which the domestic-invested economic sector had a trade surplus of US$1.8 billion, FDI economic sector had a trade surplus of US$4.3 billion.

The value of export turnover in August alone is estimated at more than US$3 billion, up 4.2% over the same period last year. Of which, the domestic economic sector reached US$581.9 million, the economic sector with foreign direct investment reached more than US$2,488 million. Accumulated over the eight months of 2023, the province's export turnover reached more than US$20.4 billion.

The US continues to be Binh Duong's export market having the highest proportion, with a total export turnover of more than US$7 billion, accounting for 34.4% of export turnover; EU market is estimated at more than US$2.53 billion, equivalent to 14.2%; Japanese market is estimated to reach more than US$1.47 billion, China US$633 million, Korea US$535 million, Thailand US$353 million...

Reported by Minh Duy - Translated by Ngoc Huynh