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Thua Thien-Hue earns 474.7 million USD in export revenue

The central province of Thua Thien-Hue shipped 474.7 million USD worth of products to foreign countries in the first seven months of the year, a year-on-year surge of 24.88 percent.
Thua Thien-Hue earns 474.7 million USD in export revenue ảnh 1Thua Thien-Hue shipped 474.7 million USD worth of products to foreign countries in the first seven months of the year. (Photo: VNA)

Thua Thien-Hue (VNA) – The central province of Thua Thien-Hue shipped474.7 million USD worth of products to foreign countries in the first sevenmonths of the year, a year-on-year surge of 24.88 percent.

Of the total, 268.2 million USD was contributed by the foreign-invested sector,up 28.3 percent and 137.4 million USD by the private sector, up 30.54 percent.

The US continued to be the largest purchaser, accounting for 44 percent of theprovince’s export revenue. Along with traditional markets like China, the EU,Japan, the Republic of Korea and Taiwan, local products have been shipped toCambodia, India, Slovakia and Sri Lanka.

Key earners, including industrial processed products, agro-forestry-fisheryproducts, fuel, mineral, beer, Sake, fine art and crafts recorded stronggrowth. Notably, exports of aquatic products doubled to 16 million USD.

The province also spent 303.9 million USD purchasing materials from foreigncountries, increasing 8.35 percent from the same time last year. Most of theimports were garment support materials and spare parts, with China still themain source of these imports.

The province is targeting export growth of 15 percent per year during 2017-2020and 1.25 billion USD in export revenue by 2020.-VNA
VNA

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