April 27, 2018 12:02

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Thanks to SamSung, Bac Ninh’s export turnover increased nearly US$ 2.5 billion

13:52 | 03/04/2018

VCN- According to the latest statistic from the General Department of Vietnam Customs, in the two months of 2018, Bac Ninh’s import and export turnover has grown sharply compared to the same period in 2017 and closely follows Ho Chi Minh city - the leading unit for many years.  

thanks to samsung bac ninhs export turnover increased nearly us 25 billion Commodity turnover of Bac Ninh Customs increases
thanks to samsung bac ninhs export turnover increased nearly us 25 billion Bac Ninh Customs is leading export turnover of the whole country
thanks to samsung bac ninhs export turnover increased nearly us 25 billion Bac Ninh Customs receive over 91 thousand of declarations in one month
thanks to samsung bac ninhs export turnover increased nearly us 25 billion
Export results in 7 major localities as of the end of February (2017 and 2018), unit of “US $ billion”. Chart by: T.B

As of the end of February, Bac Ninh’s total import and export turnover reached US$ 5. 35 billion, increasing by US$ 2.5 billion compared to the same period in 2017, equivalent to 87.2%. Bac Ninh’s Export turnover sharply increased thanks the exports by Samsung Corporation and foreign direct investment enterprises (FDI). According to the Statistical Department of Bac Ninh, 99% of total import and export turnover of this province in the first two months of 2018 was collected from FDI enterprises.

For the same period, Bac Ninh’s Import turnover reached US$ 4.493 billion, increasing by over US$ 1 billion compared to the same period in 2017. Hence, Bac Ninh’s trade surplus was US$ 1 billion, meanwhile trade deficit was US$ 250 million in 2017.

Notably, Bac Ninh is the locality with the highest import and export turnover of major economic provinces and cities in the country. Thereby, Bac Ninh’s export turnover has closely follows Ho Chi Minh city - the foremost unit over many years.

Specifically, as of the end of February, Ho Chi Minh City’s export turnover was US$ 27million-higher than Bac Ninh, this figure in the same period in 2017 was over US$ 2 billion.

thanks to samsung bac ninhs export turnover increased nearly us 25 billion Earning nearly $US 50 billion, FDI enterprises are leading in exports

VCN- $US 49.398 billion is the total value of export turnover of foreign direct investment (FDI) enterprises, ...

Beside the two localities above, 5 localities with import and export turnovers of US$ 1 billion or more includes Binh Duong, Thai Nguyen, Đong Nai, Ha Noi, Hai Phong.

The statistics from the General Department of Vietnam Customs showed that number of localities with “US$ billion” export turnover at the end of February did not change compared to the same period in 2017, but export turnover of major localities increased compared to the same period in 2017.

By Thai Binh/Ngoc Loan