Binh Duong records four-month trade surplus
Binh Duong records four-month trade surplus
The southern province of Binh Duong posted a trade surplus of more than US$2.26 billion in the first four months of 2017.
The outcome was reached thanks to local exporters’ efforts to prepare enough materials for production.
According to the provincial Department of Industry and Trade, between January and April, the province’s export revenue exceeded $8.51 billion, up 16.3 per cent from the same period last year.
Of the total, $7 billion came from the foreign-invested sector, increasing 18.1 per cent year on year.
Key exports such as woodwork, garment and footwear grew at a stable rate.
Meanwhile, the province’s imports, mostly production materials and machines, were estimated at $6.25 billion, an annual increase of 15.2 per cent.
