Vietnam June exports up 4.3%

HANOI — Vietnam's goods exports in June rose 4.3 percent from a month earlier to $33.66 billion, led by an increase in shipments of electronics, government customs data showed on Tuesday.

Imports fell 6.9 percent from May to $30.46 billion, leading to a trade surplus of $3.2 billion in June, the Customs Department said in a report.

Exports of electronics in June rose 18.4 percent from a month earlier to $6.55 billion, while smartphone shipments rose 11.2 percent, according to the report.

The goods exports figure for June was higher than a preliminary forecast of $33.09 billion issued by the General Statistics Office late last month.

The export-oriented manufacturing hub is seeking to speed up its economic growth this year after the pace of annual growth accelerated in the second quarter to 6.93 percent from 5.87 percent in the first quarter.

For the first half of 2024, exports rose 15 percent from a year earlier to $190.7 billion, while imports were up 17.3 percent at $179 billion, resulting in a trade surplus of $11.7 billion for the six-month period.

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