Viet Nam News

  In Viet Nam News

HCM City exports increase 7.5 per cent in first quarter

HCM City’s exports increased by 7.5 per cent in the first quarter to US$9.85 billion, thanks to support policies and effective trade promotion.

But revenues from exports of agro-forestry-fishery products fell due to lower prices.

Agricultural exports fell by 3.2 per cent to $860 million, with coffee shipments reducing by 11.1 per cent to $143.2 million, and rubber shipments by more than 37 per cent to $85.5 million.

Forestry exports were worth $132.6 million, down 8.9 per cent, and fisheries exports declined by nearly a fifth to $188.3 million.

Industrial products accounted for 78.4 per cent of the city’s exports.

They were worth $6.76 billion, as exports of computers, electronic products and accessories increased by 35.3 per cent to $3.59 billion.

Textile and garment exports fell 11.3 per cent to $1.17 billion.

China remained the largest export market, buying goods worth more than $ 2.15 billion, a 31.6 per cent increase and accounting for 23.4 per cent of total exports.

The second largest market was the US, buying exports of more than $1.58 billion, up 5.9 per cent. — VNS