Wednesday, September 26, 2007

Ten key export products to have export turnover of over US $1 billion

Nhan Dan Online - According to the Ministry of Trade and Industry, this year 10 key export products are predicted to have their export turnover reaching over US $1 billion. These include rice, coffee, rubber, seafood, garments, footwear, electronics and electronic components, crude oil, electric wires and cables and wood products.

Especially, export turnovers of some agricultural products in the group have increased remarkably due to their price increases on the world market.

Export turnover of rice is forecast to reach US $1.4 billion; coffee: US $1.5 billion (up 30% against 2006) and rubber (US $1.44 billion).

Those products with high and stable growth are industrial and processing ones such as seafood (expected to earn US $3.8 billion from exports this year), garments and textiles (US $7.5 billion) and electronics and electronic components (US $2.2 billion.)

This year, Vietnam’s total export value is forecast to hit US 48 billion, up 20.5% against 2006.

Source: http://www.nhandan.com.vn/english/business/260907/business_t.htm

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