Ha Noi: export revenues increase 22 percent

Ha Noi’s export value in December was estimated to reach 413.6 million USD, thus bringing the city’s total export revenues in 2007 to surpass 4.35 billion USD, a year-on-year increase of 22 percent.

To the figure, the State-owned sector contributed 2.25 billion USD, the foreign invested sector, 1.69 billion USD and the private sector, nearly 413 million USD. The foreign invested sector recorded the highest growth rate of 28.2 percent, while the State sector, an 18.3 percent increase. Laser jet printer registered the highest export value of 960.377 million USD and the growth rate of 40.5 percent. Agricultural products were also among top currency earners, posting a year-on-year increase of 14.7 percent. Garment recorded a growth rate of 14 percent, while footwear and leather item, 11.3 percent. Meanwhile, the export value of electronic products fell 13.5 percent year-on-year due to the decreasing price and limited export market.

Total import value of Ha Noi-based businesses is forecast to exceed 14.94 billion USD, a year-on-year increase of 21 percent. The figure included more than 4.9 billion USD spent on petroleum. The import value of equipment, machinery and materials, excluding petroleum, was over 7.45 billion USD, and consumer goods, 2.2 billion USD.

(VNA, 2007/12/25)