Exports of coal decreased sharply in 2019
Tuesday, February 18,2020AsemconnectVietnam - According to preliminary data of the General Department of Customs, in 2019, Vietnam’s coal exports to foreign markets plummeted by 52.3 per cent in volume and 47.7 per cent in turnover compared to 2018, reaching 1.14 million tons, equal to 168.8 million USD.
Japan was the largest consumer market for Vietnam's exported coal. In 2019, exported to Japan 493,921 tons of coal, earning 68.02 million USD, down by 46 per cent in volume and 44.2 per cent in turnover compared to 2018; accounting for 43.2 per cent of the country's total exports of coal and accounting for 40.3 per cent of the total export turnover. Coal price exported to Japan increased by 3.3 per cent compared to 2018, reaching 137.7 USD per ton.
Meanwhile, the exports of coal to Thailand reached 113,687 tons, equivalent to 13.53 million USD, the average price was 119 USD per ton, down by 44.6 per cent in volume and 43.2 per cent in turnover but up by 2.5 per cent in price over the year of 2018.
Vietnam’s exports of coal in 2019 -source: VITIC – according to the figures of the General Department of Customs
Market
|
2019
|
Vs. 2018 (%)
|
Percentage (%)
|
||
Volume (ton)
|
Value (USD)
|
Volume
|
Value
|
||
Total
|
1,143,416
|
168,801,422
|
-52.28
|
-47.65
|
100
|
Japan
|
493,921
|
68,017,489
|
-46.02
|
-44.23
|
40.29
|
South Korea
|
161,709
|
27,267,864
|
-61.39
|
-48.88
|
16.15
|
Thailand
|
113,687
|
13,534,512
|
-44.57
|
-43.21
|
8.02
|
Malaysia
|
56,444
|
8,533,771
|
-49.21
|
-36.54
|
5.06
|
Indonesia
|
34,159
|
5,002,753
|
-82.45
|
-80.09
|
2.96
|
India
|
29,116
|
4,605,366
|
-71.01
|
-69.5
|
2.73
|
Taiwan (CN)
|
11,467
|
1,963,076
|
-53.19
|
-49.84
|
1.16
|
The Philippines
|
184
|
52,580
|
-99.78
|
-99.48
|
0.03
|
Laos
|
89
|
31,150
|
-99.6
|
-98.95
|
0.02
|
DAILY: Vietnamese coffee prices remained unchanged on March 20
Animal feed industry asks for import tax reduction on raw materials
Retail stocks drop amid economic downturn and high interest rates
Vietnam’s February automobile sales race back
Seafood exports in February and first 2 months of 2023
Raw cashew nut imports from Cambodia skyrocketed
Vietnam’s trade with top 11 Asian markets is set to grow significantly
Trade recovers strongly since reopening
Reference exchange rate down 2 VND on March 17
DAILY: Vietnamese pepper prices rose by 500 VND on March 17
DAILY: Vietnamese coffee prices increased by 500 VND on March 17
Vietnam posts 78.9% growth in coffee export value to Spain
9 export items with positive growth in first 2 months of 2023
Seafood exports in February and first 2 months of 2023
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...