An Giang’s export value hits US$455.9 million in seven months
Export turnover of the Mekong Delta province of An Giang hit US$455.9 million in the first seven months of 2018, a rise of 6.59% year-on-year and meeting 54.2% of the year’s plan.
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The province shipped 257,090 tonnes of rice abroad in the seven months, raking in more than US$130.4 million, up 27.4% in volume and 40.1% in value.
China remained the leading market for An Giang’s rice, while rice exports to other markets, including Malaysia and the Philippines also saw strong growth.
Besides, the province exported 67,040 tonnes of frozen aquatic products, earning US$161.1 million, representing a surge of 21.4% in value despite a slight reduction in volume. Aquatic products have become the biggest earner of foreign currency for An Giang.
The province’s frozen tra fish was shipped to new markets of Thailand and Saudi Arabia, aside from the traditional market of Europe which accounts for more than 50% of direct export volume.
In the period, apparel export value exceeded US$62.2 million, up 17.6% compared to the same period last year, mostly to the US.
However, frozen vegetable only brought home more than US$8 million, equivalent to earnings in the same period last year.
An Giang has launched various measures to support production of local businesses and the export of staples such as rice and frozen tra fish. Regular meetings with local entrepreneurs were held to address their difficulties and update market information.
The province has worked to ensure electricity supply for production and encourage firms to renew their equipment. It also helps firms apply for business loans and expand markets through trade promotion activities.
