Imported coal prices skyrocket, up to 170%. Coal import and export fluctuates. |
According to the latest statistics of the General Department of Customs, Vietnam's coal imports of all kinds reached more than 4.9 million tons in August with a value of more than 591 million USD, down sharply by 59% in volume and 51.5% in value compared to July 2023.
In the first 8 months of the year, our country's coal imports of all kinds reached more than 4.9 billion USD with more than 34.5 million tons, a sharp increase of 54.8% in volume but a decrease of 10% in value compared to the same period in 2022.
In the first 8 months of the year, coal imports of all kinds reached more than 4.9 billion USD with more than 34.5 million tons, a sharp increase of 54.8% in volume. |
The import price of this item has decreased sharply in the first 8 months of the year, reaching 142 USD/ton, down 42% compared to the same period in 2022.
Russia is a country that is increasing its exports of this commodity to Vietnam when it reached a record output in August, while recording an unprecedented sharp drop in prices. Specifically, coal imports of all kinds from Russia reached 544,326 tons with a turnover of more than 89.9 million USD, up 21.4% compared to July 2023 and at the same time, the month recorded the strongest increase since the beginning of 2023.
In the first 8 months of the year, imports of this item from Russia reached more than 2.7 million tons with a turnover of more than 538.45 million USD, a sharp increase of 65.3% in volume but only a slight increase of 15% in value compared to the same period in 2022.
Import prices have recorded a sharp decrease with an average of 198 USD/ton in the first 8 months of the year, a sharp decrease of 41.4% compared to the same period in 2022.
In 2022, Vietnam imported more than 2.2 million tons of coal of all kinds from Russia with a turnover of more than 590 million USD, accounting for 13% in volume and 14% in value in the structure of coal imports of all kinds of Vietnam. Thus, it can be seen that the output and import turnover of this item from Russia has almost exceeded the figure for the whole year of 2022.
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