YBP - Currently, goods of Yen Bai province are exported to nearly 90 countries and territories. Of which, there are more than 50 relatively stable and reliable markets. Main export markets are the United States, Japan, Korea, China, Taiwan, India...
The delegation of the Indian Business Association in Hanoi visited the factory and worked at Vietnam Industrial Minerals International Joint Stock Company
The Indian market is a very large market with a large population, diverse consumer needs, large output of products such as textiles, wood and wood products, fruit and vegetable products, and other products from plastic, spices such as cinnamon, anise... However, the products of Yen Bai province have not been exported much to this market. Some products and goods of Yen Bai province have strengths and have been exported to the Indian market such as: minerals (stone powder, additive beads, white marble ...), garments... Currently, some enterprises in the province producing and exporting to India are: YBB Calcium Carbonate Joint Venture Company (stone powder), An Tien Industries Joint Stock Company, Filer Masterbatch Joint Stock Company (additive plastic beads), Thanh Son Mining Co., Ltd., RK International Marble Co., Ltd (white marble), Daeseung Global Co., Ltd. (garment products), VINA KNF International Co., Ltd (garment products) , Vietnam Polymer Industries (packaging) Co., Ltd.... But the output and value are still limited, not commensurate with the potential and advantages.
In 2022, the export value of goods to the Indian market accounted for about 9% of the total export value of the province, equivalent to about USD 28 million. Expected export value of Yen Bai province in 2023 to the Indian market is about USD 38 million (accounting for 11% of the province's export value).
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