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Province’s trade surplus reaches US$525mln in first 6 months

Thursday, 30/06/2011

The province’s export turnover in the first half of the year earned US$4,105mln, up 19.5% compared to last year’s same period.

 

Of the total figure, the State-run economic sector saw a growth of 40.4% while the non-State economic sector and the foreign economic sector increased by 7.7% and 22% compared to last year’s same period, respectively. The province’s key export products like rubber latex, footwear, woodwork…still maintained high growth

 

The province also reached US$3,580mln in import value, a year-on-year increase of 35.1%. Of the total figure, the domestic investment sector grew by 22.8% while the foreign investment sector saw an increase of 39.9%. Key import products were still materials, equipment-machines…

 

Thus, the province’s excess of exports over imports in the first half of the year reached US$525mln. This has helped Binh Duong become one of the country’s localities with the highest trade surplus at present. 

 

Reported by Trong Minh-Translated by K.T