Thai Nguyen's export turnover in July rises 22.6 percent

Phuong Thao 11:39, 02/08/2023

In July, the export turnover of goods in the province reached $2.33 billion, a 22.6 percent increase compared to the previous month. In particular, the FDI economic zone achieved $2.26 billion, a 23.2 percent increase.

Production lines of Samsungs factory in Thai Nguyen province
Production lines of Samsung's factory in Thai Nguyen province

The largest proportion in the structure of the province's export value in July is still attributed to the group of smartphones, tablets, and other electronic products, reaching over $2.05 billion (accounting for 88.2 percent of the export value, rising 21.7 percent compared to the previous month). The second largest proportion is the group of textile products (accounting for 1.8 percent, reaching $42.3 million, rising 1.3 percent compared to the previous month, and 5.6 percent compared to the same period last year).

The total export value of goods in the province reached $15.25 billion, a 22 percent decrease compared to the same period and equivalent to 43.6 percent of the annual plan. Among these, local exports reached $406.4 million, an increase of 3.3 percent compared to the same period and equivalent to 53.1 percent of the annual plan. The FDI economic zone is estimated to reach $14.83 billion, a decrease of 22.5 percent compared to the same period.

Amidst the general economic situation, exports of goods are still facing difficulties. To achieve the target, Thai Nguyen continues to implement measures to promote production and business activities and enhance opportunities for export goods.