Thai Nguyen: Import-export turnover in 7 months reached nearly 30 billion USD

Export value in industrial parks in Thai Nguyen province in 7 months reached 15.86 billion USD, equal to 54.82% of the yearly plan.

In the past 7 months, the total import-export turnover in the province reached 29.3 billion USD, up 5.4% over the same period. Of which, exports accounted for 18 billion USD, imports 11.3 billion USD; the trade balance continued to maintain a surplus, reaching about 6.6 billion USD.

This result shows that Thai Nguyen's exports still maintain growth momentum, especially in the group of electronic products, phones, tablets (accounting for more than 95% of export value). Some other items also tend to increase strongly such as: wood products, metals, tea...

On the contrary, imports increased mainly due to the demand for raw materials and electronic components, machinery and equipment for production of FDI enterprises.

Thai Nguyen is currently the destination of many investors in the processing and manufacturing industry, especially in large industrial parks such as Yen Binh, Song Cong, Diem Thuy, etc. Maintaining a high trade surplus not only affirms the province's export capacity, but also reflects the attractiveness of the investment environment with expanded industrial park infrastructure, abundant land and labor resources, and attractive incentive policies.

There is still a lot of room for development in the coming time, especially when the trend of shifting global supply chains is creating opportunities for Thai Nguyen to attract more technology, supporting industry and green manufacturing corporations.

With the results of the first 7 months of this year, Thai Nguyen has a solid foundation to complete and exceed the import-export target for 2025, continuing to affirm its role as the leading industrial and export center in the region.