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South Eastern Region contributes 45.6% of export value

VGP – The South Eastern Region makes up 45.6% of the country’s total export turnover and enjoyed a trade surplus of over US$ 4 billion in the first ten months of 2014.

November 18, 2014 2:41 PM GMT+7

A corner of Ho Chi Minh City - Illustration photo

The General Department of Viet Nam Customs reported that as of late October, the country's trade turnover touched over US$ 245.3 billion, up 12.8% against the same period last year or nearly US$ 27.8 billion.  

In the reviewed period, export volume valued over US$ 123.83 billion, up 14.1% or over US$ 15.28 billion in value. Import turnover reached over US$ 121.47 billion, up 11.5% or nearly US$ 12.52 billion.

In the South Eastern Region, six provinces and cities namely HCM City, Binh Duong, Binh Phuoc, Ba Ria-Vung Tau, Tay Ninh and Dong Nai accounted for 45.6% of the total export revenue and 43.2% of the total import turnover.

HCM City continued to lead in trade turnover, earning an export value of nearly US$ 26.5 billion and making imports worth US$ 25.2 billion. The city was the third largest contributor to the national trade surplus.

Binh Duong ranked second with over US$ 14 billion in export revenue and US$ 11 billion in import turnover and enjoyed the largest trade surplus amount of US$ 3 billion.

The Department reported that as of late October, four provinces and cities earned over US$ 10 billion in export revenue, including HCM City with nearly US$ 26.5 billion; Bac Ninh with US$ 18 billion; Binh Duong with over US$ 14 billion and Dong Nai with over US$ 10.9 billion.

Meanwhile, 17 provinces and cities pocketed over US$ 1 billion in export turnover./.

By Kim Loan