Trade deficit from Korea reaches 858 million USD
- Wednesday - 09/08/2017 15:39
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According to the Department of Industry and Trade, for the first 6 months of 2017, Dong Nai enterprises imported from Korea about 1.31 billion USD, increasing by 21.5% over the same period last year. Meanwhile, export turnover of Dong Nai enterprises in this market reached only 452 million USD. Thus, businesses in the province have trade deficit from the Korean market of about 858 million.
Items imported from the Korean market by enterprises in Dong Nai province are raw materials for production, such as materials for leather shoes, textiles and garments, plastics and accessories. Exports from Korea increased because current Korean enterprises are leading in investment in Dong Nai with over $ 5.3 billion so they prioritize to purchase materials of Korean enterprises.
Khánh Minh