The export production value of March 2021 increases sharply

In detains, the export value of March was estimated at $2.92 billion, increasing 63.1% compared to the last month, 1% compared to the same period of 2020. The export value of FDI enterprises accounted for 98.7%; the remaining belong to domestic enterprises. 

To date, the export value of the first quarter of 2021 gained $7.7 billion, accounting for 27.5% of the year’s plan, increasing 11.1% compared to the same period last year. Most of main products of the province including smart phones, tabs, electronic components, tea, garment, non-ferrous metal, refined non-ferrous metal and spare parts for transportation sector witnessed growth in export value.

The import value of March 2021 was estimated at $1.5 billion, increasing 6.8% compared to the same period last year. Overall, the import value in the first quarter of 2021 was estimated at $4.18 billion, increasing 8.1% compared to the previous year. Among imported products, raw materials for animal feed processing saw the highest increase. It was followed by iron and steel, paper, plastic, electronic components, machinery, tools, and spare parts.