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Vietnam July trade surplus widens to $2.8 billion – customs – Metro US

Vietnam July trade surplus widens to $2.8 billion – customs

Woman rides a motorcycle as she passes containers at Hai
Woman rides a motorcycle as she passes containers at Hai Phong port

HANOI (Reuters) – Vietnam recorded a trade surplus of $2.8 billion in July, widening from a surplus of $1.85 billion in June, government customs data released on Wednesday showed.

Exports in July rose 10.2% from June to $24.87 billion, while imports were up 6.7% to $22.10 billion, the Customs Department said in a statement.

For the first seven months of this year, Vietnam’s exports rose 1.5% from a year earlier to $147.61 billion, while imports fell 3.0% to $139.21 billion, resulting in a trade surplus of $8.4 billion.

(Reporting by Khanh Vu; Editing by Christian Schmollinger)