Vietnam posts $17mn trade deficit in June: customs

14 Jul, 2016

HANOI: Vietnam reported a trade deficit of $17 million in June, its customs department said on Thursday, well below the $100 million deficit estimated by the government.

June exports rose 2.5 percent from the previous month to $14.72 billion, while imports edged up 1.3 percent in the same period to $14.74 billion, the Finance Ministry-run Vietnam Customs said on its website.

Vietnam exported $82.1 billion worth of goods during the January-June period and imported $80.4 billion, leaving a surplus of $1.7 billion for the six-month period, the report said.

Last year Vietnam posted its first annual trade deficit in four years at $3.5 billion.

Copyright Reuters, 2016

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