Vietnam Oct coal imports surge over 40% YoY

sxcoal.com Import & Export, International 2023-11-10 08:59:24

Vietnam's coal imports (including those from foreign-invested enterprises) in October posted a strong rebound after three consecutive months of decline, preliminary customs data showed.

The country imported 3.62 million tonnes of coal during the month, up 40.23% from 2.58 million tonnes a year ago and up 11.04% from September's 3.26 million tonnes, data showed.

The data revealed that Vietnam's coal import value in October amounted to $495 million, increasing 11.48% year on year and 16.76% month on month.

Australia was the top supplier in the month, delivering 1.46 million tonnes, down 19.97% from a year earlier but up 32.38% on the month. Vietnam imported 1.41 million tonnes of coal from Indonesia, surging 169.52% on the year and up 14.71% month on month.

Russia delivered 180,700 tonnes of coal to Vietnam, up 9.39% year on year but slumping 62.06% month on month.

In the first ten months of 2023, Vietnam's accumulated coal imports were 41.37 million tonnes, showing a notable 54.59% increase from the preceding year.

Total value came in at $5.86 billion during the given period, down 5.81% on the year.

(Writing by Rebecca Liu Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article

Connect with us

1 China futures market updates at close (Feb 8) 2024-02-08

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

2 Indonesian low-CV thermal coal prices edge up as Chinese tender prices rise 2024-02-08

Indonesian low-CV thermal coal rose slightly this week despite light demand from Chinese traders who were leaving their desks for the Chinese New Year holiday. The momentum was mainly gained from a ri

3 China's coking coal mines see output, inventory fall as holiday nears 2024-02-08

Coking coal output continued falling in China's major production areas, as more mines suspended extraction for the Chinese New Year holiday break. Inventories at mines also decreased amid output contr

4 Newcastle port Jan coal exports up over 30% on yr 2024-02-08

Newcastle port, the world's largest coal port located in Australia's New South Wales, registered an obvious year-on-year increase of coal exports in January, despite falling from the previous month's

5 Weekly global coal market news summary (Feb 4-8) 2024-02-08

Newcastle coal prices fall after two-day rally as supply outlook weighsNewcastle thermal coal futures slipped on February 6, pulling back from a two-session gain, as higher projected output from major

6 Weekly China coal market news summary (Feb 4-8) 2024-02-08

Summary: coke & steel-related initiatives in major Chinese provinces' 2024 work plansChina's major provinces and regions have recently released their government work reports, reflecting on their achie

7 China's PPI, CPI drops abate in Jan, yet economic concerns persist 2024-02-08

China's producer price index (PPI), gauging the cost of goods at the factory gate, fell 2.5% year on year in January, compared with a 2.7% decrease a month ago, official data showed on February 8.On a

8 Russian coal exports to SE, S Asia surge in 2023, Kpler 2024-02-08

Exports of Russian coal to Southeast and South Asian countries soared in 2023 after supplies to the EU were banned due to the Russia-Ukraine conflict, according to data from the cargo-tracking firm Kp

9 China Coal Daily Track (Feb 8) 2024-02-08

Thermal coalProduction area Most private mines in main producing regions have suspended operations for the Chinese New Year holiday, while those state-owned mines were still dedicated to term contract

10 Australia Jan coal exports down 13.58% on mth, Kpler 2024-02-08

Coal exports from Australia decreased 13.58% month on month to 29.06 million tonnes in January, which was still 5.72% higher than the year-ago level, according to cargo tracking data from Kpler.Japan