Exports of crude oil totaled nearly US$ 860 million in five months
Wednesday, July 4,2018
AsemconnectVietnam - Vietnam’s exports of crude oil fell sharply by 44 per cent in quantity and 25.6 per cent in value year – on – year in the first five months of this year to 1.56 million tons worth of $ 859.4 million, showed the statistics figures of the General Department of Customs.
China was the country’s biggest crude oil export market in the first five months of this year with the export turnover of nearly 405,297 tons worth of $ 222.95 million, down by 63.7 per cent in quantity and 51.8 per cent in value over the same period last year.
It was followed by Thailand with 294,096 tons worth of $ 165.93 million, down by 16.2 per cent in quantity but up by 12.9 per cent in value compared with the same period last year.
The exports of crude oil to Australia increased by 16.3 per cent in quantity and 58.4 per cent in value year – on – year to 259,896 tons worth of $ 143.48 million.
Meanwhile, the exports of crude oil to the U.S increased sharply by 294.2 per cent in quantity and 382 per cent in value to 132,671 tons worth of $ 68.42 million.
Vietnam’s exports of crude oil in the first five months of 2018 - source: VITIC – according to the figures of the General Department of Customs
|
Market
|
First 5 months of 2018
|
First 5 months of 2018 vs. same period of 2017 (%)
|
||
|
Quantity
|
Value
|
Quantity
|
Value
|
|
|
Total
|
1,563,968
|
859,401,990
|
-44.22
|
-25.85
|
|
China
|
405,297
|
222,952,379
|
-63.67
|
-51.82
|
|
Thailand
|
294,096
|
165,932,175
|
-16.21
|
12.92
|
|
Australia
|
259,896
|
143,482,027
|
16.34
|
58.37
|
|
Japan
|
257,623
|
145,344,964
|
-40.61
|
-20.24
|
|
The U.S
|
132,671
|
68,423,923
|
294.19
|
381.95
|
|
Malaysia
|
79,185
|
42,273,172
|
-57.97
|
-41.59
|
|
Singapore
|
67,709
|
33,657,695
|
-78.03
|
-74.25
|
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