Tien Giang works towards US$2.65 billion in export this year

13:39 | 06/10/2018 Trade

Tien Giang is accelerating efforts to fulfil the year’s target of US$2.65 billion in export value, after earning US$1.99 billion in the January-September period, up 8.4 percent year on year and meeting 75.1 percent of the year’s goal. 

Dragon fruit is packaged in the Mekong Delta province of Tien Giang - Photo: VNA

Industrial products are the biggest currency earners, led by garment with US$380.7 million, an increase of 10.4 percent, followed by shoes with US$367.7 million.

Among agricultural products, processed aquatic products brought home 70 percent of total export revenues, followed by rice and processed fruits and vegetable.

American countries continued to be the largest market for Tien Giang’s products, accounting for 41.4 percent of the province’s total export revenues, followed by the Asian market with 37.3 percent, and Europe with 19.2 percent.

Exports to the Asian market saw the highest annual growth in the period with 9.9 percent, while earnings from American market increased by 6.7 percent and that from Europe, 6.2 percent.

According to Doan Van Phuong, Director of the provincial Department of Industry and Trade, local exports managed to keep a stable growth thanks to authorities’ measures to remove difficulties for production and business, and diversify export markets.

The province will apply incentives to encourage local enterprises to modernize their production technology and machine, thus enhancing their productivity and product quality and competitiveness.

Theo VNA