Exports of crude oil to China and Singapore fell
Thursday, May 24,2018AsemconnectVietnam - Vietnam’s exports of crude oil totaled 1.22 million tons worth of $ 649.16 million in the first four months of this year, down by 40.1 per cent in quantity and 25.7 per cent in value compared with the same period last year, showed the statistics figures of the General Department of Customs.
In the first four months of this year, the country’s exports of crude oil to China reached nearly 317,877 tons worth of $ 170.32 million, decreased by 62 per cent in quantity and 52 per cent in value year – on – year.
The exports of crude oil to the U.S increased sharply by 294 per cent in quantity and 382 per cent in value compared with the same period last year to 132.671 tons worth of $ 68.42 million. While the exports of crude oil to Malaysia increased by 72.9 per cent in quantity and 105.4 per cent in value to 77,848 tons worth of $ 41.16 million.
However, the country’s exports of crude oil to Singapore in the first four months of this year fell sharply by 70.5 per cent in quantity and 65 per cent in value compared with the same period last year to 67,709 tons worth of $ 33.66 million.
Vietnam’s exports of crude oil in the first four months of 2018- source: VITIC – according to the figures of the General Department of Customs
Market
|
First 4 months of 2018
|
First 4 months of 2018 vs. same period of 2017 (%)
|
||
Quantity (ton)
|
Value (US$)
|
Quantity
|
Value
|
|
Total
|
1,222,184
|
649,164,685
|
-40.14
|
-25.69
|
China
|
317,877
|
170,321,587
|
-62.01
|
-51.99
|
Japan
|
215,370
|
116,690,089
|
-45.15
|
-30.78
|
Thailand
|
185,105
|
99,071,418
|
-5.84
|
16.02
|
Australia
|
181,242
|
96,494,340
|
25.81
|
53.22
|
The U.S
|
132,671
|
68,423,923
|
294.19
|
381.95
|
Malaysia
|
77,848
|
41,156,583
|
72.88
|
105.44
|
Singapore
|
67,709
|
33,657,695
|
-70.51
|
-65.04
|
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