Total export turnover of Ba Ria – Vung Tau surges nearly 20 percent

The Department of Industry and Trade of Ba Ria – Vung Tau Province informed that the total export turnover of the province excluding crude oil was around US$838.18 million in the first two months of the year, an increase of 19.68 percent over the same period last year.
(Illustrative photo:SGGP)
(Illustrative photo:SGGP)

Accordingly, foreign enterprises accounted for 69.35 percent of the total export turnover, equaling to US$581.25 million, and surging 32.53 percent over the same period of 2020. Meanwhile, domestic businesses made up US$256.93 million, accounting for 30.65 percent of the total export turnover and decreasing 1.85 percent over the same period last year. 

As for import activities, the province gained US$1,035 billion in import turnover during the first two months of the year, a hike of 7.06 percent over the same period. Of which, foreign-invested enterprises accounted for 82.93 percent with US$858.40 million, surging 13.58 percent.

The main export markets of the province are growing well, including Asian market with the export turnover of US$689.87 million, an increase of 15.55 percent over the same period; American market and African market with US$72.2 million and US$38.89 million in export turnover, increasing 2.2 times and 33 times, respectively.

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