Hai Duong's export value in Q1 increases by 7.3%

Hai Duong's export value in the first three months of 2025 is estimated at 2.359 billion USD, up 7.3% year on year, according to the provincial Department of Industry and Trade.

Some items recorded high rises in export value, such as electric wires and cables with a surge of 34.2% and electronic components and office machines, 21.3%.

Most of the goods were exported to South Korea, Japan, and the European Union.

Meanwhile, the province’s import value in the first quarter of the year is estimated at 1.98 billion USD, a rise of 13.5% over the same period in 2024.

Imported goods were mainly raw materials for production such as electronics and electronic components (up 28.3%), raw materials for garment and footwear (up 23.2%), and garment fabric (up 15.1%).

During the reviewed period, the provincial Department of Industry and Trade closely monitored the situation, improved its forecasting capabilities, and provided information and market signals to help businesses, organizations, and individuals quickly grasp market developments to adjust production and business activities appropriately, maintain stability, and expand export markets.

The department also focused on trade promotion activities for key markets, exploitation of free trade agreements, especially new-generation ones like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the European Union - Vietnam Free Trade Agreement (EVFTA), the Regional Comprehensive Economic Partnership (RCEP), etc.

In the coming time, the department will continue to do a good job of granting certificates of origin to businesses and enhance support for them to take advantage of commitments in free trade agreements to promote export growth.

Hai Duong News