Binh Duong’s export turnover in the first nine months of 2013 reached nearly US$9.841trillion, up 15.6% compared to the corresponding period last year. Of the total figure, the foreign investment sector accounted for 81.2%, up 17.8% compared to the corresponding period last year.

  Furniture products for export being manufactured at Minh Phuong Co.Ltd.Some export industries gained high growth against the same period last year. The export value of garment ranked the first with an increase of 6.4%, then followed by footwear 6.5%, fine art and handicrafts 7.9%, electronics 1.6%...Most enterprises in Binh Duong have signed export contracts till year-end with the amount of goods increasing by 10%-15% against the same period last year.

According to provincial People’s Committee, Binh Duong has reached positive changes in export. The province’s export products have still maintained good growth, due to import material price stabilized. Besides, Vietnam’s main export markets, including EU, US, Japan, Australia, Brazil, Argentina, Middle East…, are rebounding. The negotiation of the Trans-Pacific Partnership Agreement (TPP) has also positively affected the import and export activities of province-based enterprises.

Binh Duong’s import value in the first half of the year also reached US$7.865trillion, up 16.5% compared to the same period of last year. The province’s main import products included materials, equipment and machines for production. With the above results, Binh Duong’s excess of exports and imports in the first nine months of the year reached US$1.976trillion.

Reported by T.Binh-Translated by K.T