Exports-imports via Lao Cai border gate thrive in Q1
Exports-imports via Lao Cai border gate thrive in Q1
Export-import activities via the Lao Cai border gate in the northern border province of Lao Cai thrived in the first quarter of this year and reached nearly US$186 million, reported the local customs agency.
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The value of exports reached $92.4 million, up 90.1 per cent annually, imports rose by 15.2 per cent year-on-year to $93.2 million.
Among exports going through Lao Cai border gate, farm produce still accounted for the majority, with a value of more than $71 million, up 63.2 per cent annually and accounting for 76.8 per cent of the total export turnover. The main export items include dragon fruit, banana, rambutan, watermelon, cassava, and mangosteen.
Vuong Trinh Quoc, head of the management board of Lao Cai Border Economic Zone, said there are 335 businesses operating in exports-imports through the Lao Cai border gate at present, up 14 compared to 2022.
