Dong Nai’s export revenue reaches 6.2 billion USD in first quarter

In March, exports brought in over 2.2 billion USD to the province, up nearly 30% compared to the previous month.

Exports with strong growth include coffee, rubber, computers, electronic products and parts, yarn and steel products. Major markets for Dong Nai’s exports are the United States, China, Japan, the Republic of Korea, Belgium and Germany.

On the opposite side, Dong Nai imported 4.6 billion USD worth of goods, mainly chemicals, pesticides and cotton, during the January-May period, up 5% year on year.

With such figures, the province recorded a trade surplus of 1.5 billion USD, which is relatively high in recent years.

According to the Dong Nai government, the province’s export situation has seen improvements, indicating that enterprises are recovering strongly and taking advantage of free trade agreements to approach new markets.

However, foreign direct investment over the first three months fell sharply to 142 million USD, equivalent to 34% of the figure recorded in the same period last year.