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As reported by the Department of Trade andIndustry, in the first quarter of 2003 the world financial crisis has not beencontrolled, the global economy has not recovered, especially in EU countries.More and more new technical barriers appear while demand declines, price ofmaterial and fuel and domestic interest rate remains high, exchange rate is unstable.They are all cause significant impact on export of goods nationwide in generaland Binh Dinh in particular. Picture: Quy NhonSeaport.

However, timely guidelines, policies andgovernmental stimulus measures are applied to promote the development of manufacture,business, to prevent inflation and implement social welfare goals. Difficultiesand problems of businesses are also gradually solved and especially the dynamicand endless efforts of businesses over the first few months of the year has helpedmaintain Binh Dinh’s export turnover growth.

Export turnover in the first quarter of 2013realizes USD 136 million, achieving24.3% of the year plan and up 4.1% compared with the first quarter of 2012 (USD130.7 million).

The proportion of economic sectors involvedin export in March 2013 include: state-owned enterprises account for 15% (4enterprises, estimated export turnover of USD 20.3 million); non-stateenterprises 80.6% (62 enterprises, around 109.7 million); exporting FDIenterprises make up 4.4% (6 businesses, around USD 5.9 million).

The export commodities include: agriculturalgoods realized around USD 34.8 million (up 34.4% compared to the same time in2012) achieve 33.7% of the year plan; forestry products around USD 68 million(dropped 2.8%) accomplish 25.4%; fishery products USD 10.7 million (up 2.6%) achieve18.7%; minerals and building materials USD 10.1 million (down 34.1%) achieve14.9%; consumer industrial goods USD 12.5 million (down 7.5%) achieve 19.3%.

Export items mainly consist of cassava,eucalyptus chips, indoor fine wood, frozen seafood, construction stone, clothingand footwear…

During the 1^st quarter of 2013,  the province’s commodities are directlyexported to 5 continents including 61 countries and territories, of which 22Asian countries account for 45.9%, 25 EU ones 47.6%, 07 Latin- American 3.8%,02 Oceania 1.5% and 05 African 1.2%. Some traditional markets are China, Singapore,Japan, UK, Italia, USA, Franceand Holland…

Also in March 2013, Binh Dinh’s importturnover realizes approximately USD 8.2 million, down 28.1% compared to the sameperiod in 2012. Turnover of the first quarterof 2013 estimatedly achieves around USD 27.4 million, declined 24.4% comparedto the same time of last year (USD 36.3 million) reaches 14.8% of the year plan. Import exports mainly consist of raw materials, fueland machinery to serve manufacturing and processing export goods.