Exports of crude oil reached 2.6 million tons
Thursday, September 20,2018AsemconnectVietnam - Vietnam exported 2.6 million tons of crude oil worth of nearly US$1.46 billion in the first eight months of this year, decreased sharply by 47.5 per cent in quantity and 26.4 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.
The average crude oil export price reached $548.6 per ton in August and $560.8 per ton in the first eight months of this year, up by 40.3 per cent over the same period last year.
China was the country’s leading crude oil export market in the first eight months of this year, accounted for 30 per cent of the total with 769,359 tons worth of $433.77 million, down by 54.7 per cent in quantity and 36.6 per cent in value over the same period last year.
Thailand followed with 607,240 tons worth of $343.5 million, down by 11.6 per cent in quantity but up by 23.8 per cent in value.
Meanwhile, the exports of crude oil to Japan fell sharply by 64.3 per cent in quantity and 50 per cent in value to 263,358 tons worth of $149.48 million; and to Singapore – down by 73.6 per cent in quantity and 63.7 per cent in value to 135,244 tons worth of $72.49 million.
The exports of crude oil to the South East Asian countries accounted for 31 per cent of the total with 821,669 tons worth of $458.26 million, down by 49.6 per cent in quantity and 29.2 per cent in value year – on – year.
Market
|
First 8 months of 2018
|
First 8 months of 2018 vs. same period of 2017 (%)
|
||
Quantity (ton)
|
Value (US$)
|
Quantity
|
Value
|
|
Total
|
2,599,488
|
1,457,821,551
|
-47.53
|
-26.4
|
China
|
769,359
|
433,765,672
|
-54.71
|
-36.59
|
Thailand
|
607,240
|
343,499,282
|
-11.6
|
23.81
|
Australia
|
549,312
|
310,911,692
|
62.87
|
126.27
|
Japan
|
263,358
|
149,475,524
|
-64.32
|
-50.01
|
Singapore
|
135,244
|
72,492,051
|
-73.56
|
-63.69
|
The U.S
|
132,671
|
68,423,923
|
-38.18
|
-18.56
|
Malaysia
|
79,185
|
42,273,172
|
-81.93
|
-75.18
|
South Korea
|
40,461
|
23,827,014
|
-75.28
|
-63.62
|
Vietnam to earn over 4 billion USD from rice exports this year: MARD
Vietnam cashew market update: Opportunities and challenges
Vietnam rice market update: Their highest price in more than a decade
Vietnamese footwear products introduced in India
Vietnam textile market update: Challenges on all fronts
DAILY: Vietnamese pepper prices increased by 500 VND on July 28
DAILY: Vietnamese coffee prices increased by 400 VDN on July 28
Animal feed import markets in first 6 months of 2023
Vietnam’s imports of raw materials for animal feed production in first 6 months of 2023
Cashew exports remain a silver lining
Garment industry advised to switch to green production
DAILY: Vietnamese pepper prices remained unchanged on July 27
DAILY: Vietnamese coffee prices increased by 300 VDN on July 27
Int’l expo on garment industry kicks off in HCM City
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...