Vietnam exported 827,500 tons of coal during the first 10 months of this year to earn US$83.4 million, down 45.94% in volume and 48.63% in value, according to the statistics from Vietnam Customs
Coal was shipped to nine countries, principally to Asia, accounting for 90% of total export volume.
Japan led the pack for Vietnam’s coal imports with 421,600 tons at US$40.7 million, making up 53%, trailed by the Philippines with 106,500 tons at US$7 million and Malaysia with 83,000 tons at US$10.6 million.
In the reviewed period, 78% of export markets saw declines while merely 22.2% enjoyed positive growth.
It’s worth noting that coal exports to Laos dropped sharply by 95.58% in volume and 96.55% in value with 3,000 tons at US$272,300.