Footwear tops the key hard currency earners of Dong Nai province to the US - Illustrative photo (Source: VNA)Dong Nai (VNA) – The southernprovince of Dong Nai shipped goods worth nearly 1.8 billion USD to the US inthe first five months of 2017, according to the provincial Department ofIndustry and Trade.
With the figure, the US is a main trade partnerof the province, accounting for 30 percent of total export turnover.
Footwear topped the key hard currency earners inthe market with over 500 million USD, followed by wooden and garment commodities(300 million USD).
Agricultural goods such as cashew nuts, coffeeand peppers were also sold to the US.
Since the beginning of the year, transport machines and tools, iron and steelas well as handbags found way to enter the US, grossing over 200 million USD.
In the reviewed time, Dong Nai raked in 6.6 billion USD from exports.
It imported more than 6 billion USD worth ofgoods, including 1.2 billion USD from China and over 1 billion from theRepublic of Korea.
The local Department of Industry and Trade saidthe province should look for new partners, boosting exports to developingcountries to achieve trade balance and avoid relying on one market.
Businesses are suggested to limit imports anduse domestically-produced goods instead to reduce production costs and enhanceproducts’ competitiveness. -VNA
With the figure, the US is a main trade partnerof the province, accounting for 30 percent of total export turnover.
Footwear topped the key hard currency earners inthe market with over 500 million USD, followed by wooden and garment commodities(300 million USD).
Agricultural goods such as cashew nuts, coffeeand peppers were also sold to the US.
Since the beginning of the year, transport machines and tools, iron and steelas well as handbags found way to enter the US, grossing over 200 million USD.
In the reviewed time, Dong Nai raked in 6.6 billion USD from exports.
It imported more than 6 billion USD worth ofgoods, including 1.2 billion USD from China and over 1 billion from theRepublic of Korea.
The local Department of Industry and Trade saidthe province should look for new partners, boosting exports to developingcountries to achieve trade balance and avoid relying on one market.
Businesses are suggested to limit imports anduse domestically-produced goods instead to reduce production costs and enhanceproducts’ competitiveness. -VNA
VNA
