HCMC’s export turnover posts year on year increase

HCMC’s total export turnover was estimated to reach $29.15 billion during the first ten months of 2017, a year on year increase of 13.3 percent, reported the city People’s Committee.
 
Workers processing export shrimp at Seafood Joint Stock Company No. 1 in HCMC (Photo: SGGP)
Workers processing export shrimp at Seafood Joint Stock Company No. 1 in HCMC (Photo: SGGP)
Excluding crude oil, the turnover hit $26.6 billion, up 23.7 percent over the same period last year.
Export growth rate was 86.3 percent to Singapore, 65.6 percent to Myanmar, 35.5 percent to India, 34.9 percent to Malaysia, 34 percent to Thailand and 22.6 percent to China.
Items maintaining high export growth rate comprise rubber; computer, electronic products and components; transport means and accessories.
Import turnover was estimated to hit $35.17 billion, increasing 15.4 percent over the same period last year.

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