11 localities top US$1 billion in exports in Q1

Eleven provinces and cities had exports of more than US$1 billion in the first quarter and accounted for 78% of the nation’s entire exports.

11 localities top us$1 billion in exports in q1 hinh 0
Workers at an electronic product manufacturing factory (Photo: VNA)

Bac Giang, Bac Ninh, Binh Duong, Dong Nai, Hai Duong, Long An, Tay Ninh, and Thai Nguyen provinces and Hai Phong, Hanoi and Ho Chi Minh City accounted for exports of US$49.35 billion between them.

Tay Ninh was a new entrant to the club after managing to increase shipments by 10% year-on-year to US$1.094 billion.

Meanwhile, HCM City became the first locality ever to exceed US$10 billion worth of exports in a quarter, according to the General Department of Customs. Its exports were up 14.6% and it accounted for 16.6% of the country’s total exports.

Hai Phong and Bac Ninh reported impressive increases, the former’s by nearly US$1.05 billion to US$3.92 billion, the second highest after HCM City.

The country’s second biggest exporter, Bac Ninh, saw shipments rise by US$450 million to US$8.06 billion.

Hanoi and Thai Nguyen bucked a trend of rising exports.

The latter’s dropped by over US$400 million to US$6.95 billion.

Hanoi’s exports fell from US$3.35 billion to US$3.15 billion.