HANOI- Vietnam’s exports in April are estimated to have risen 10.6 percent from a year earlier to $30.94 billion, led by shipments of electronics, while industrial output in the month rose an annual 6.3 percent , government data showed on Monday.
The Southeast Asian country, a regional manufacturing hub, relies heavily on exports for its economic growth.
Imports in April are estimated to have risen 19.9 percent to $30.26 billion, resulting in a trade surplus of $680 million for the month, the General Statistics Office (GSO) said in a report.
For the January-April period, exports rose 15 percent from a year earlier to $123.64 billion, while imports were up 15.4 percent to $115.24 billion, the GSO said. This translated into a trade surplus of $8.4 billion for the four months.
Consumer prices in April rose 4.4 percent from a year earlier, the GSO said, and retail sales increased an annual 9.0 percent .
Shipments of electronics in April rose 32.6 percent from a year earlier to $5.3 billion, according to the GSO. Smartphone exports in the month rose 9.1 percent to $4.2 billion.
