Coal exports increased by nearly 7 times in quantity
Major imported commodity groups in the first quarter of 2017 | |
Price pressure in 2017 | |
Major export commodity groups in 2016 |
Coal exports increased by nearly 7 times in quantity. |
According to the General Department of Vietnam Customs, from the beginning of 2017 to 15th April 2017, the total coal exports reached 504,663 tons with the total value of $US 79.438 million.
Thus, compared to the same period in 2016, the total volume and value of coal exports have increased strongly. In particular, the total coal export volume increased by 6.7 times and the value of coal exports increased by more than 13 times.
With the total value of exports increased more than the output, the average export price of this commodity also increased compared to the same period last year.
Specifically, the average price of coal exports in the same period in 2016 was only $US 79 per ton, while in 15th April 2017, coal exports soared to over $US 157 per ton.
Notably, many years ago, China was one of the major markets importing Vietnam's coal. However, from early 2017 to date, China has been no longer import market of Vietnam.
Quang Ninh: Discovery a barge transports coal dust without document VCN – A towboat of 4 barges in that transported more than 445 tons of coal dust ... |
According to the General Department of Vietnam Customs, by the end of first quarter of 2017, the major import markets of Vietnam's coal had been Japan, Indonesia, Taiwan, Malaysia and South Korea.
Related News
To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits
06:15 | 28/04/2024 Import-Export
Risk prevention solutions for processing and export manufacturing businesses
07:52 | 29/04/2024 Regulations
Why more than 100 Vietnamese means of transport detained in China?
08:21 | 01/05/2024 Customs
Latest News
FDI disbursement in January-April period reaches five-year record
19:43 | 01/05/2024 Import-Export
Binh Duong aims to become logistics hub in southern region
19:41 | 01/05/2024 Import-Export
Digital transformation – optimal choice for Vietnamese garment & textile firms
19:39 | 01/05/2024 Import-Export
Infrastructure development creates momentum for exports to "neighboring" markets
19:36 | 01/05/2024 Import-Export
More News
Seaports increase services to attract goods
19:35 | 01/05/2024 Import-Export
The supporting industrial enterprises transform for sustainable development
08:20 | 01/05/2024 Import-Export
Foreign investment disbursement hits record high in the first four months
13:36 | 30/04/2024 Import-Export
Vietnam textile and garment strives to increase the localization rate
06:46 | 30/04/2024 Import-Export
Central Highlands needs to develop border gate economic zones for higher export
16:41 | 29/04/2024 Import-Export
RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports
16:37 | 29/04/2024 Import-Export
Developing a strong brand contributes to increased export revenue
07:49 | 29/04/2024 Import-Export
Export turnover reaches over US$200 billion in the first half of April
15:04 | 28/04/2024 Import-Export
Experts call for efforts in protecting IP rights
15:02 | 28/04/2024 Import-Export
Your care
FDI disbursement in January-April period reaches five-year record
19:43 | 01/05/2024 Import-Export
Binh Duong aims to become logistics hub in southern region
19:41 | 01/05/2024 Import-Export
Digital transformation – optimal choice for Vietnamese garment & textile firms
19:39 | 01/05/2024 Import-Export
Infrastructure development creates momentum for exports to "neighboring" markets
19:36 | 01/05/2024 Import-Export
Seaports increase services to attract goods
19:35 | 01/05/2024 Import-Export