Five export product groups hit US$1bn mark in January
VOV.VN - The turnover of export commodities in January is estimated at US$19 billion, up 33.1% on last year’s same period,, according to the Ministry of Industry and Trade.
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In January, the export turnover of the domestic-invested sector reached US$5.41 billion, up 31.6%, while the foreign-invested sector performed strongly with a turnover of US$13.6 billion, up 33.7%.
Notably, five groups of export goods generating an export turnover of more than US$1 billion each included telephones and components; computers, electronics and components; machinery, equipment, and spare parts; footwear; and garments and textiles.
Export turnover to the major markets witnessed remarkable growth in January. Exports to the Asian market surged ahead by 54.4% to US$10.81 billion while exports to the European market increased 7.4% to US$3.24 billion. Meanwhile, exports to America and the Oceania markets soared 17.5% and 31.1% to US$4.29 billion and US$315 million, respectively.
According to a Ministry of Industry and Trade representative, January's higher export growth is attributable to longer holidays of both lunar and solar New Year festivals, thereby giving a good signal to the continued strong growth in export turnover in 2017.
In the first month of the year, the country’s exports to several of its traditional markets remained stable and proved a good source of growth as the country has gradually taken full advantage of signed free trade agreements (FTAs).
