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Ho Chi Minh City 2015 export value falls 15%

by VTV407 January 2016 Last updated at 10:33 AM

VTV.vn - Ho Chi Minh City’s exports value fell by nearly 15% or 3 billion USD compared with 2014, down from a record 30 billion dollars in 2014.

The city authorities reported that crude oil, coffee, forest product and plastics all reported drops. Imports also rose about 30% to nearly 34 billion dollars in 2015. This saw the city record a trade deficit, partially attributed to the sharp decrease in oil prices. Ho Chi Minh City's largest export market was the US, with its largest import market being China.

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