Hanoi’s exports grow 21.6% in 2018
Hanoi shipped goods overseas for US$14.23 billion in 2018, an annual increase of 21.6%, reported the municipal Department of Industry and Trade.
- Highlights in economic growth in 2018
- HCM City posts 7.8-percent growth in overseas shipments
- Vietnam's GDP growth rate in 2018 highest in 11 years
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| (Source: kinhtedothi.vn) |
In December alone, the capital city’s export value reached about US$1.38 billion, up 7.6% from November and 28.2% year on year.
Garment-textile products, farm produce, and petroleum contributed the most to such growth. The garment-textile export turnover increased 24% while the respective figures for farm produce and petroleum were 39.8 and 83.8%.
The US, Japan, and China remained Hanoi’s biggest markets, with values accounting for 16, 13, and 12% of the total obtained by the city, respectively.
Meanwhile, the capital city imported US$3.1 billion worth of goods in December, rising 8.4% from November and 9.6% against one year earlier.
Hanoi’s total import value exceeded US$31.18 billion in 2018, increasing 8.2% annually.
