Leather footwear and garment goods are one of the products with large export turnover
In particular, the key export products: Rice is estimated to reach 590,000 tons, with turnover of 251 million USD, increased by 26% in volume and 7% in value over the same period; cashew nut is estimated to reach 82 million USD, decreased by 15.3%; fishery product reached 214 million USD, increased by 0.4%; leather footwear reached USD880 million, increased by 10.6%; garment goods reached 1,150 million USD, increased by 12.3%; fabric and fiber weaving reached USD 345 million, increased by 2.8%; mechanical engineering, steel, and battery reached 800 million USD, increased by 6.8%; wooden products reached 100 million USD, increased by 67%; electronic products and computers reached 110 million USD, increased 20.4%. Import turnover is estimated to reach 4.2 billion USD, increased by 1.8% over the same period (increased 8.5%). Imported goods are mainly machinery, components and raw materials for production.
According to assessments from the authorities, in 2019, the province's export turnover growth is not high compared to 2018. However, the export result of 2019 is the process of efforts of enterprises participating in both production and export activities in the general situation of slow growth of the world economy in the past year with increasing risk and challenge factors. In addition, in 2019, global trade has also slowed down, export activities of countries in the region have decreased compared to the same period in 2018.
Despite the general difficulties of the world economy, although enterprises participating in exporting have faced many difficulties, the domestic investment and business environment has been significantly improved and simplifying investment procedures and supporting enterprises to start-up and reform of export and import fields have boosted production and created more sources of goods for export.
In Long An, there are currently more than 800 enterprises participating in exporting goods to more than 120 countries and territories./.
Reported by Mai Huong
Translated by Lan Vy