Export of goods through Lao Cai border gate customs increased sharply

(HQ Online) - In February, the value of goods exported through the Lao Cai International Border Gate Customs Branch (Lao Cai Customs Department) continued to grow strongly.

Export activities through the Lao Cai International Border Gate Customs Sub-department were very active in the first two months of the year.

In February, the Lao Cai International Border Gate Customs Branch processed customs clearance for goods with a total value of US$70.17 million, a decrease of 71% compared to the previous month (January 2024) but an increase of 20% compared to the same period last year.

Notably, the overall trade turnover decreased mainly due to a sharp decline in imports, while exports continued to maintain significant growth.

In February, the value of goods processed at the Customs Sub-department reached US$46.544 million, an increase of 6% compared to the previous month and a significant increase of 73% compared to the same period last year.

Meanwhile, imports totaled only $23.62 million, down 42% from the previous month and down 26% from the same period last year.

In the first two months of the year, the Lao Cai International Border Gate Customs Branch processed customs clearance for goods with a total value of nearly 170 million USD, including exports of 90.3 million USD and imports of 79.3 million USD.

Main export items: various types of veneer, dragon fruit, durian, and charcoal. Of these, export value increased sharply due to durian, dragon fruit, watermelon, and cassava.

Main imported items: Agricultural products, confectionery, fertilizers, machinery and equipment, chemicals, liquefied petroleum gas.

Source: https://haiquanonline.com.vn/xuat-khau-hang-hoa-qua-hai-quan-cua-khau-lao-cai-tang-manh-183629.html