Nghe An's total export turnover exceeds 3 billion USD for the first time

On the morning of December 25, Nghe An Provincial People's Committee held a regular meeting for December 2023 in person and online.

Overview of the regular meeting in December 2023 of Nghe An Provincial People's Committee. Photo: Thanh Duy

Comrade Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, Head of the Provincial National Assembly Delegation attended and directed.

Comrades: Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Le Hong Vinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee; Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; Nguyen Van De - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee co-chaired.

Attending the meeting at the central bridge were comrade Nguyen Nam Dinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Council; leaders of provincial departments and branches. The conference was connected online to the People's Committees of 21 districts, cities and towns.

Director of Nghe An Department of Industry and Trade Pham Van Hoa speaks at the meeting. Photo: Thanh Duy

Director of Nghe An Department of Industry and Trade Pham Van Hoa said: Accumulated for the whole year of 2023, the total export turnover is estimated to reach 3.11 billion USD, an increase of 22.6% over the same period, of which, the export turnover of goods is estimated to reach 2.5 billion USD this year.

On the other hand, Nghe An's import turnover this year is estimated at 1.323 billion USD, an increase of 4.15% over the same period in 2022.

According to Nghe An Customs Department, in 2023, 475 enterprises participated in customs procedures, with a total of 56,847 import and export declarations (an increase of 17.5% over the same period in 2022).

The main export items are limestone and white limestone powder of all kinds, wood chips, clinker, mobile phone speakers, headphones, electronic products, processed garments, etc.

Main imported goods include hot rolled steel coils, machinery, equipment, electronic components, aluminum rolls, milk carton paper, garment materials for processing and export production, asphalt, diesel oil, refined palm oil, etc.

This is the first year that Nghe An's total export turnover has exceeded the 3 billion USD mark. Export is also one of the targets that the province has exceeded since the first year of the 2020 - 2025 term.

Accordingly, in this term, the Resolution of the Provincial Party Congress set an export target of 1.765 billion USD by 2025. However, from 2021, Nghe An has exceeded the target, reaching more than 2.4 billion USD and in 2022 reaching 2.54 billion USD.

The processing and manufacturing sector is playing an increasingly important role in the development of the industrial sector in Nghe An. (In photo: Production at the factory of Luxshare ICT Company at VSIP Nghe An). Photo: Thanh Duy

In recent years, especially in 2022 and 2023, Nghe An has risen to become one of the localities that effectively attract investment, especially FDI capital, in the top 10 provinces and cities nationwide; thereby, adding new export items when projects disburse investment capital to build factories, complete and go into production, especially in the electronics sector.

In 2024, large-scale FDI projects are expected to be completed and put into operation such as: Everwin Precision Technology Co., Ltd.'s electronic components and auto parts manufacturing factory phase 1, Goertek electronic components and precision equipment factory, Juteng electronic components and auto parts manufacturing project, Huali export footwear and sandal manufacturing and processing project, Aluminum alloy manufacturing project of Innovation Precision Vietnam Co., Ltd., Tan Viet Metal Science and Technology Factory project producing steel plates and stainless steel with a capacity of 260,000 tons/year...

These new projects coming into operation are expected to contribute more products, output, and export value of Nghe An.

In 2022, the People's Committee of Nghe An province issued Decision No. 481/QD-UBND on promulgating the Project "Export Development of Nghe An Province for the period 2021 - 2025", in which, the goal is to strive for the total export turnover of goods to reach 4 billion USD by 2025.

Source: https://baonghean.vn/nghe-an-lan-dau-tong-kim-ngach-xuat-khau-vuot-3-ty-usd-post282201.html