Dong Nai leads in trade surplus in eight months

The southern province of Dong Nai enjoyed a trade surplus of US$1.8 million during the January-August period of 2018, accounting for 64% of the whole country’s trade surplus, stated the provincial Department of Industry and Trade.

Dong Nai records US$1.8 billion in trade surplus (Illustrative photo: VNA)
Dong Nai records US$1.8 billion in trade surplus (Illustrative photo: VNA)

The export turnover of Dong Nai was estimated at US$12.2 billion in the first eight months, an annual rise of 12%, while the import turnover was US$10.4 billion in the period.

The province has exported hundreds of varieties of products in recent years, including footwear, garments and textiles, fibres and textile threads, wooden products, computers, electronics and spare parts.

According to the General Statistics Office, Vietnam produced a trade surplus of US$2.8 billion in the first eight months of 2018.

The United States remained the largest market for Vietnamese exports, purchasing US$30 billion worth of goods in the January-August period, up 10.2% from the previous year.

The EU came second with US$27.7 billion worth of goods, followed by China with US$23.4 billion in imports.

Vietnamese exports to the ASEAN countries rose 16% to reach US$16.5 billion, while exports to Japan and the Republic of Korea were estimated at US$12 billion and US$11.8 billion, respectively.