City exports topped $30b last year

Tuesday, Jan 20, 2015 09:56

Workers at Saigon 3 Garment Joint Stock Company. Textiles and garments are among main export products of HCM City. — Photo

HCM CITY (Biz Hub) — HCM City became the first locality to top exports of US$30 billion in a year last year.

According to the Customs Bureau, HCM City's exports were worth $31.35 billion in 2014 and imports were marginally lower.

The export figure was $1.87 billion higher than in 2013 and accounted for 21 per cent of the country's total exports.

The main items shipped from the city were rice, seafood, pepper, vegetables and fruits, textiles and garments, furniture, and wooden products, according to the People's Committee.

Manufactured and processed goods accounted for nearly 70 per cent of the shipments, and forest and farm produce and seafood accounted for 22 per cent.

Last year, 23 of the country's 63 cities and provinces achieved exports of over $1 billion, five more than in 2013.

Bac Ninh remained the second largest exporter at $21.07 billion, though down by nearly $4 billion.

With Samsung shifting its production facilities from Bac Ninh to Thai Nguyen, the latter's exports shot up to $7.83 billion from only $246 million in 2013. — VNS

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