Export of machinery and equipment is more than USD 2 billion

​Export of machinery and equipment is more than USD 2 billion

Manufacturing equipment and machinery for export at Boss Industry Co., Ltd. in Song May Industrial Park (Trang Bom District)

In the first 9 months of 2022, the export turnover of machinery, equipment and tools and spare parts reached more than USD 2 billion, an increase of nearly 29% compared to the same period in 2021. There are 4 markets importing many of the above products from Dong Nai is the US with USD 585 million, accounting for 29% of the total export turnover of this item, up 27% over the same period last year. Japan is USD 180 million, up 14%; Korea is USD 119 million, up 37%; Germany is USD 71 million, up 20%. Currently, machinery, equipment and spare parts are the group of goods with the second largest export turnover of the province (after only footwear). In September 2022, the export of this item has prospered more than the previous month. Currently, businesses are trying to find more markets to expand their exports. This is an item that helps Dong Nai have a trade surplus of nearly USD 800 million.

According to the Department of Industry and Trade, the export turnover of machinery, equipment and spare parts in September 2022 reached USD 245 million, accounting for 11.3% of the province's total export turnover and up nearly 122% over the same period last year. Some major export markets include: the United States, Japan, Korea, Germany.