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Plastic products exports up 20%

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Plastic products exports up 20%

发布时间: 2024-03-30

Plastic products exports up 20%

Plastic products on display at a supermarket in HCM City. Plastic export revenue increased strongly in the first half of the year. — VNS Photo

HCM CITY — Exports of plastic products were worth US$ 一. 四 三 billion in the first half of the year, a year-on-year increase of  二0 per cent, according to the General Department of Vietnam Customs.

They were shipped to many markets, with Japan being the largest, accounting for $ 三 一 二. 五 million worth,  一 五. 七 per cent up.

Shipments to the US were worth $ 二 二 三. 七 million, while the other major buyers were the Netherlands ($ 七 五. 九 million) and South Korea ($ 七 五. 三 million).

Exports to many markets, including India, Hong Kong, Turkey, China, Ukraine, Russia, and Bangladesh, are rising.

Shipments to India rose by over  一 五 九. 四 per cent to $ 一 七. 六 million.

Exports to Hong Kong were up  一 五 八. 八 per cent to $ 二 九 million.

But exports to certain markets such as the Philippines (down by  三 一. 三 per cent), Laos ( 二 六. 三 per cent) and UAE ( 二 六. 二 per cent) declined.

According to the Việt Nam Plastics Association, the industry is one of those to achieve steady growth of  一 四- 一 五 per cent a year with its export growing by  一 二- 一 四 per cent annually.

The industry still has a lot of room to grow because the per capita consumption of plastic products in Việt Nam remains low at  四 一kg per year, while it is  四 八. 五kg in Asia and  六 九. 七kg globally.

Plastic products exports up 20%

Companies have increased investment in technology and plants and are tying up with foreign partners to improve their competitiveness. — VNS

 

Plastic products exports up 20%

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