Export turnover grew over 19% with value estimated at 122.9 billion USD. Import and export turnover of goods totaled 249.5 billion USD, an increase of 23% year-on-year. Retail sales of goods and consumer service revenue up 10.9%. The supply of essential goods, especially gasoline and energy, remained stable amid global economic uncertainties, the Ministry said.
According to the Ministry of Industry and Trade, Index of Industrial Production (IIP) increased 9% year-on-year, with the manufacturing sector playing a key role. The Purchasing Managers' Index (PMI) in March reached 51.2 points, marking the ninth consecutive month above 50 points, indicating continued expansion of manufacturing activity and strengthened business confidence amid a volatile market.
Several export markets recorded impressive growth, such as Hong Kong (China), China, and the United States, signaling that businesses have seized market opportunities and made full use of free trade agreements.
