Vietnam’s trade surplus expands to $2.8 billion in July 2020: Customs Department

Data released by the Vietnamese government on Wednesday shows, in July 2020, the country’s trade surplus widened to $2.8 billion from a $1.85 billion in June.

Exports rose by 10.2% from June to $24.87 billion, while imports also grew at 6.7% to $22.10 billion, said Vietnam’s Customs Department in a statement.

For the period of January 2020 to July 2020, the country’s exports rose by 1.5% from a year earlier to $147.61 billion; imports fell by 3.0% to $139.21 billion, resulting in a trade surplus of $8.4 billion.

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