Rice product decreased in export value and volume over the same period
Key export products are rice, cashew nuts, seafood, dragon fruit, seedless lemon, leather footwear, textile products, mechanical products, electrical and electronic products, batteries, agricultural machinery and equipment, plastic products, ...
In the first quarter, the export items with high value such as footwear reached 254 million USD, increased by 30% over the same period; textile products reached 330 million USD, increased by 18% over the same period. However, items such as rice, cashew nuts, batteries, iron and steel, mechanics, fisheries, ... decreased over the same period. Besides, import turnover is estimated at 0.99 billion USD, increased by 16% over the same period.
In 2019, Long An expects that the export turnover will reach 5.9 billion USD and import turnover reaches 4.5 billion USD. In order to achieve the expected import and export turnover, the Department of Industry and Trade is implementing many solutions to develop border trade economy as well as supporting enterprises to apply e-commerce. Besides, the department has timely informed and forecasted the situation of domestic and foreign markets to help enterprises take initiative in timely response measures to limit risks and develop exports and expand markets.
Currently, the province has more than 800 import-export enterprises. Export products range from industrial products to agricultural products and to more than 120 countries and territories around the world. /.
Reported by Mai Huong
Translated by Lan Vy