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Import and export of Ho Chi Minh City has grown impressively

Producing textiles for export. (Photo: VNA)

The report of the Ho Chi Minh City Bureau of Statistics noted that the city’s trade in services is on the verge of a rapid recovery and growth again after the COVID-19 epidemic situation continues to be well controlled, people return to the city to work, adapt to the current epidemic situation.

According to the Department of Statistics of the City, in March 2022, many business units have implemented demand-stimulating policies on various electronic means, channels and channels. online shoppingdirectly at the store to attract consumers.

In terms of export structure, the industrial group has the highest export value. Notably, the group of agricultural products with export value reached more than 1.1 billion USD, up 54% over the same period. China is still the largest export market of the city’s enterprises.

Regarding the structure of imported goods, the group of machinery, equipment and spare parts was the most important, reaching 8.1 billion USD, an increase of more than 27%.

According to the analysis of the Ho Chi Minh City Department of Statistics, the import and export turnover of the city’s enterprises in the first quarter increased by 3.5% and 18.4%, respectively, proving the driving force, consumption demand, and production. export of goods is still there. The above figures show that the city’s economy is on the way to recovery.

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