Nghe An: Goods export turnover increased by nearly 75%

According to the Department of Industry and Trade, totalexport turnoverIn 2021, it is estimated to reach more than 2.4 billion USD, an increase of 59.7% compared to 2020, exceeding 101% of the plan (1.2 billion USD). Of which, the export turnover of goods reached 2.097 billion USD, an increase of 74.7% compared to 2020, exceeding 130.4% of the plan; foreign currency revenue from labor export and tourism services reached 315 million USD, an increase of 1.6% compared to 2020.

Many products have had good export growth, of which the most obvious is the export growth of processed industrial products such as:Phone componentsThere was a sudden growth of more than 17 times compared to 2020; Construction materials increased by 87%; Textiles increased by 34.9%; Plastic additives increased by 39%; Textile fibers of all kinds increased by 75.7%; Superfine white limestone powder increased by 19.3%; Paving stones increased by 76.4%.

Export turnover from textile fiber products of all kinds increased by 75.7%. In the photo: fiber production line at Hoang Loan Textile Joint Stock Company. Photo: Thu Huyen

Some agricultural products also grew strongly, specifically: Seafood increased by 170% over the same period in 2020; cassava starch increased by 113.5%; peanuts increased 5.5 times over the same period in 2020.

In 2021, the export market was expanded in the direction of diversification and effective use of FTA markets. Nghe An enterprises exported to about 125 countries and territories around the world, of which the turnover of some main markets included: the largest export market was China reaching 495 million USD, accounting for about 23.6% of the total turnover, followed by the Hong Kong market reaching 268 million USD (accounting for 12.8%), the Korean market reaching 231 million USD (accounting for 11%), the United States reaching 186.6 million USD (accounting for 11%), the European market reaching 347 million USD (accounting for 16.5%).

Some new export markets this year include: East Timor, Sierra Leone, Burundi, Marshall Islands, Luxembourg.

Import turnover in 2021 is estimated to reach 950.2 million USD, up 13.09% over 2020.

The main imported goods are textile and garment raw materials, footwear, phone components, petroleum, machinery, equipment, steel of all kinds, other raw materials for production, etc. Import activities have increased thanks to the expansion of production sectors, businesses are looking for imported goods, raw materials, supplies, and components as inputs to ensure stable production.

Unloading goods at Cua Lo port. Photo: Thu Huyen

Mr. Pham Van Hoa - Director of the Department of Industry and Trade said: In 2021, the province's import-export activities were truly a bright spot in the development of the service sector. To achieve the above results, in the context of the complicated developments of the Covid-19 epidemic, the province has actively created favorable conditions to support businesses and investors to overcome difficulties and operate stably. Focus on closely monitoring the situation of each market to review and identify the types of goods that countries are in need of importing to exploit and promote exports; innovate and organize trade promotion programs, connect domestic and foreign supply and demand in the online environment.

The province also focuses on implementing thefree trade agreementIn general, especially new generation free trade agreements such as CPTPP, EVFTA, UKVFTA, to effectively promote the incentives of the agreements, thereby making the most of the opportunities and limiting the challenges posed by these agreements./.