Cross broder trade to China continue booming
Imports and exports via border gates in northern localities increasing remarkably in the past 10 months.
Export and import activities via northern border gates between Vietnam and China continued to increase remarkably in the past ten months of the year.
The total import and export revenue through northern Lang Son province is estimated to reach over $52.9 billion during the ten-month period, a year-on-year growth of 20%, according to the provincial People’s Committee.
Of this, the goods declared at the provincial Customs Department amounted to $4.4 billion, marking an increase of 12.7% year-on-year.
On average, 1,300 vehicles got customs clearance through Lang Son each day, equivalent to 25,000-30,000 tons of cargo. Of which, there were 350-400 vehicles transporting goods for exports.
Meanwhile, the total value of import and export through Lao Cai province reached over $2.74 billion in the first nine months of the year, surging 77.5% compared to the same period last year.
The province provided customs clearance for an average of 500-600 vehicle trips each day via the Kim Thanh 2 international land border gate.
Trade activities via Mong Cai border gate in Quang Ninh province also gained impressive results. As of October 20, the total import and export volume through the province’s Mong Cai city reached over 1.4 million tons, up 12% year-on-year.
As of October 15, the total import and export turnover via Mong Cai border gate is estimated at over $3.21 billion, a year-on-year growth of 22%.