The province’s trade surplus over first two months reaches 2 billion USD

According to a report of the Provincial People's Committee, over the first two months of 2022, the economic recovery and development of Binh Duong had good changes. In particular, export turnover reached nearly US$ 6 billion, up 18.7% over the same period last year, continuing to maintain the trade balance, exports reached US$ 2 billion.

Specifically, in February, export turnover was estimated at US$ 2.56 billion, down 15.3% compared to the previous month. However, over the same period last year, export turnover increased by 23.5%. Accumulated two-month export value reached 5.98 billion USD, up 18.7% over the same period last year. In the opposite direction, import turnover was estimated at US$1.9 billion, down 8.6% compared to the previous month and up 25.4% over the same period last year. Accumulated two-month import value reached 3.89 billion USD, up 8.1% over the same period last year. These are very important elements for import turnover to reach a growth rate of 14.5% compared to 2021.

Reported by Tieu My – Translated by Ngoc Huynh