The export value of agro-forestry-fishery products reached 3.86 billion USD in the first 10 months, up 2.25 percent, making up 12.22 percent of the southern economic hub’s total export turnover. (Photo: VNA)HCM City (VNA) – Ho Chi MinhCity exported 36.7 billion USD worth of goods during the first 10 months of 2020,up 5.5 percent year-on-year, the municipal Department of Industry and Trade hasreported.
Excluding crude oil, the revenue stoodat 35.2 billion USD in the period, a rise of 7.1 percent from the correspondingtime last year.
The export value ofagro-forestry-fishery products reached 3.86 billion USD, up 2.25 percent,making up 12.22 percent of the southern economic hub’s total export turnover.
The group of industrial products rakedin 25.22 billion USD in revenue, and other goods earned 2.55 billion USD, thedepartment said.
China remained HCM City’s biggest buyerwith revenue of 6.23 billion USD, a year-on-year increase of around 31.9percent, accounting for 20.4 percent of the city’s accumulative export value.
It was followed by the US (5.47 billionUSD), the EU (4.1 billion USD) and Japan (2.5 billion USD).
Regionally, Asia was the city’s largestexport market to which 19.3 billion USD worth of goods was shipped. Meanwhile,the Oceania and Africa joined the below- one-billion-USD club.
According to a recentsurvey by the city’s Statistics Office, half of the enterprises in HCM City affected bythe pandemic thought the consumer market has shrunk, and 15.3 percent saidmanufactured goods could not be sold domestically.
More than half of State-ownedenterprises and 48.45 percent of foreign-owned enterprises said they havebeen unable to export this year.
The Department of Industry and Trade is working with the Statistics Office and otheragencies to monitor the production and demand situation to take measuresto support businesses during the rest of the year./.
VNA
