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Economics

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In 2019 the ceramic industry continues to expand its market

In 2019, Binh Duong ceramics enterprises have set a target to continue expanding the consumption market of ceramics both at home and abroad. In order to fulfill the set goals, enterprises in Binh Duong ceramics industry will actively implement the plan to develop the domestic market, maintain export markets, and innovate production technologies to diversify export products. password

In 2018, although the price of imported raw materials for the ceramic industry such as gas, firewood, pigments etc. increased, the export turnover of the ceramics industry continued to achieve high and stable growth. Most businesses in the industry have stable export orders for the whole year with an increase of 10-15%. As a result, export turnover of the whole industry in 2018 reached 200 million USD, an increase of 9.1% compared to the same period in 2017, accounting for 0.8% of the province's export turnover. The main export market of Binh Duong ceramic industry in 2018 is still the US, Europe and Japan. In addition to the main markets mentioned above, Binh Duong ceramics products have been gradually expanded to markets in Russia, Cuba and the United Arab Emirates.

Reported by Thanh Hong – Translated by Vi Bao

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