Hoa Binh’s trade surges in May, exceeding 334 million USD

5/29/2025 - 6:16:40 PM

In May 2025, the total import and export turnover of Hoa Binh Province is estimated to exceed USD 334 million. In which exporting reached nearly USD 196 million, accounting for approximately 40% of the annual target, marking a 17% increase compared to the same period last year. Imports are estimated at nearly 139 million USD, reflecting a 15% growth.

Key export sectors include plastic products, electronic components, garments, and mechanical products. Meanwhile, major imports consist of garment materials, electronic components, machinery and equipment, and various chemicals used in production.

The Provincial Party Committee and the People's Committee of Hoa Binh have been actively directing relevant sectors and localities to closely monitor global market developments. Efforts have been intensified to promote trade, enhance business connectivity, and support the expansion of export markets, maximizing the benefits of free trade agreements. At the same time, authorities are strengthening inspection and control of goods' origins to ensure that import-export activities develop sustainably and in the right direction.

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