Hai Duong's main export items are textiles, footwear, electronic components, office machines, electric wires and cables.
According to the Provincial Statistics Office, Hai Duong's export turnover in November is estimated at 971 million USD, an increase of 20.3% over the same period in 2023.
In the first 11 months of 2024, Hai Duong's export value is estimated at 9.518 billion USD, up 9.8% over the same period in 2023. In July and August, the province's export value reached over 1 billion USD due to high value of textiles, footwear, electronic components, office machines, electric wires and cables.
The reason for the increase in export value is due to positive signals from the world market, including Hai Duong's main export markets such as the US, the European Union (EU)... The export market is gradually recovering, overcoming the recession, the demand for goods is increasing, and orders are returning to businesses.
State management agencies have supported businesses to take advantage of and effectively exploit opportunities and fully implement commitments from free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Vietnam-EU Free Trade Agreement (EVFTA), the Regional Comprehensive Economic Partnership (RCEP)... to boost exports. At the same time, they have increased propaganda about rules of origin and issuance of certificates of origin of goods.
In the context of high export, the demand for imported raw materials, machinery and equipment for production has also increased sharply. The province's import value in November was estimated at 791 million USD, up 26.1% over the same period last year. In the first 11 months of this year, the import value of goods was estimated at 7 billion 763 million USD, up 11.6%.
HUYEN TRANG