Tien Giang enjoys over 24 percent rise in exports of Q1

The Mekong Delta province of Tien Giang earned 643 million USD from exports in the first quarter of 2018, up 24.4 percent over the same time last year, the highest year-on-year rise the locality has enjoyed so far.
Tien Giang enjoys over 24 percent rise in exports of Q1 ảnh 1Workers at a seafood processing factory at the My Tho Industrial Park of Tien Giang province (Photo: VNA)
Tien Giang (VNA) – The Mekong Delta province of Tien Giang earned643 million USD from exports in the first quarter of 2018, up 24.4 percent overthe same time last year, the highest year-on-year rise the locality has enjoyedso far.

According to Ngo Van Tuan, Director of the Tien Giang Department ofIndustry and Trade, exports from the FDI sector accounted for 60 percent of thetotal figure.

An upturn was seen in export revenue of all major products of theprovince, leading by copper pipe with 49.2 percent to reach 137 million USD,followed by footwear at 38.5 percent (133 million USD), garment and textile at 23.8percent (120.2 million USD).

In the first three months, the province shipped abroad 31,300 tonnes of processedaquatic products, mostly fillets of tra fish for 77.9 million USD, a rise of3.5 percent in volume and 20 percent in value.

Meanwhile, the province sold over 58,500 tonnes of rice abroad for 28.9million USD, an increase of about 8 percent in both volume and value, alongwith 1,620 tonnes of star apples for 3.2 million USD.

Tuan noted that the largest import market of the province was theAmerica with 40.3 percent of total products, followed by Asian countries with38.4 percent, and Europe with 17 percent.

Le Van Nghia, Vice Chairman of the provincial People’s Committee saidthat right in the beginning of the year, the province has applied measures toincrease exports by promoting markets in both traditional and potential ones.

In 2018, Tien Giang targets 2.65 billion USD in export earnings, a riseof 5.4 percent year on year.-VNA 
VNA

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