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Dong Nai posts $120m trade surplus

Update: August, 05/2014 - 09:12
Many key currency earners enjoyed strong growth, such as footwear (12.8 per cent), wood products (9.4 per cent) and garments and textiles (7.9 per cent).— Photo vov

DONG NAI (VNS)  — Dong Nai earned US$6.94 billion from exports in the January-July period while spending $6.82 billion on imports, resulting in a trade surplus of $120 million, according to the provincial Industry and Trade Department.

Director of the department Le Van Danh said the province's export earnings rose 13.8 per cent year-on-year thanks to local enterprises' success in new markets.

Many key currency earners enjoyed strong growth, such as footwear (12.8 per cent), wood products (9.4 per cent) and garments and textiles (7.9 per cent). Major agriculture products also saw increases in both volume and value, with the exception of rubber.

At the same time, imports of consumer goods decreased remarkably. Purchases of yarns and fibre from abroad dropped, as did imports of pesticides, computers, electronics, spare parts and animal feed. Imports of some items increased, such as machinery and spare parts (27.7 per cent), cotton (11.1 percent), cloth (6.7 percent) and footwear materials and accessories (9.1 percent). — VNS


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