Export turnover in 7 months is estimated to reach over 2.1 billion USD

According to the Provincial People's Committee, currently, import-export activities in the area are basically stable. Export turnover in 7 months is estimated at over 2.1 billion USD (up 14.23% over the same period) with key export groups such as: textiles, frozen seafood; processed and fresh vegetables and fruits; chemicals, electronic components, machinery and equipment.

According to the Provincial People's Committee, currently, import-export activities in the area are basically stable. Export turnover in 7 months is estimated at over 2.1 billion USD (up 14.23% over the same period) with key export groups such as: textiles, frozen seafood; processed and fresh vegetables and fruits; chemicals, electronic components, machinery and equipment.

The province strives to achieve the target of total export turnover reaching over 2.7 billion USD.

The export market has been expanded to member countries of the Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTPP) and Europe thanks to taking advantage of incentives from Free Trade Agreements (FTAs) such as EVFTA, RCEP, CPTPP. Notably, the US market continues to be the main export partner, accounting for about 20-25% of the total export turnover of the province.

Meanwhile, import turnover in the first 7 months of the year is estimated at over 1.2 billion USD (down 11.63% over the same period), due to some enterprises adjusting production cycles, reducing import demand.
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According to the Provincial People's Committee, in the last months of 2025, the province will strive to achieve the target of total export turnover of over 2.7 billion USD. However, the US applying a 20% reciprocal tax rate on goods imported directly from Vietnam (from August 7, 2025) will pose many risks to the province's export activities, especially for groups of goods with large market shares in this market such as: garments, coconuts and handicrafts...

The Provincial People's Committee has proposed a number of solutions to achieve the export target, including continuing to monitor the world market situation, price developments, trade policies and tariffs of countries, especially the reciprocal tax policy of the United States; promptly synthesizing opinions and difficulties of enterprises to proactively have support solutions within their authority.

News and photos: KHANH DUY

Source: https://baovinhlong.com.vn/kinh-te/202508/kim-ngach-xuat-khau-7-thang-uoc-dat-tren-21-ty-usd-0c61290/