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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Vietnam posts $800 million trade surplus in June - customs

Friday, July 13, 2018 > 10:18:45


Released on Thursday July 12, 2018

HANOI - Vietnam posted an $800-million trade surplus in June, much higher than a government estimate of a $100 million deficit for the month, customs data showed on Thursday.

Exports in June fell 0.5 percent from a month earlier to $19.8 billion, while imports decreased 8.3 percent to $19 billion, the customs department said in a report on its website.

First-half exports rose 16.3 percent from a year earlier to $114.2 billion and imports were up 9.6 percent to $110.8 billion, leaving a trade surplus of $3.4 billion for the six-month period, data from the department showed.

Smartphones, garments and computers were among the largest export earners in the January-June period. Key imports were in electronics, machinery and fabrics, the department said.

Last month, the General Statistics Office estimated a trade deficit of $100 million for June. REUTERS

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