Binh Phuoc enjoys trade surplus of 220 mln USD in first two months
The southern province of Binh Phuoc enjoyed an impressive growth in export turnover in the first two months of 2023 with trade surplus reaching 220 million USD, according to the provincial Statistics Office.
Inside a cashew nut processing factory in the southern province of Binh Phuoc (Photo: VNA)
Binh Phuoc (VNA)🌜 – Thesouthern province of Binh Phuoc enjoyed an impressive growth in export turnover in the first twomonths of 2023 with trade surplus reaching 220 million USD, according to theprovincial Statistics Office.
In February, Binh Phươc’s export turnover hit 320 millionUSD, an increase of more than 39% against the previous month and rose 46.9%year-on-year.
Since the beginning of this year, the province’sexport turnover came to 551 million USD, a hike of 6.4% compared to the sameperiod in 2022.
ﷺ Meanwhile, the province imported 290 million USDworth of goods in the two months, an upturn of 6.6% year-on-year.
The province also saw a slight increase at 0.76% in industrialproduction index in the period, of which, the processing andmanufacturing sectors rose 0.64%, production and distribution of electricity,gas, hot water, steam and air-conditioning picked up 2.15%; and water supply, wastewatertreatment and management activities expanded by 7.62%. Notably, in February alone, some keyindustrial products saw good growth such as unprocessed lead product up 46%, poultry feed22% and medical equipment 20%. On the contrary,some products experienced sharp falls from 18% to nearly 40% included black Portlandcement, footwear and furniture, among others. To maintain economic growth momentum and bolster import-export activities in 2023, Binh Phuoc has implemented solutions in perfectinginfrastructure, developing human resources while improving administrativereform, along with boosting trade and investment promotion and supporting enterprises./.
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Inside a cashew nut processing factory in the southern province of Binh Phuoc (Photo: VNA) 
