Local trade surplus in first half of 2016 reaches over US$1.9billion

The province’s export turnover in the first half of 2016 was estimated at more than US$10.69million, up 16.5% against the same period last year or 12.5% of the country’s total export value. Of these, the foreign investment sector grew by 17.8% or 80.8% of the province’s export value.

There were also 22 out of 23 of the province’s key export products reaching growth during the period. Among them, there were 17 with a 10% growth in export turnover.

The province’s import value over the past six month was more than US$8.76million, representing a surge of 16.7% over the same period last year or 11% of the country’s total import value.

It is predicted that the province’s export industry will enjoy advantages in the last six months of the year, making great contributions to the local economic growth.

Reported by Hoang Anh-Translated by K.T