Vietnam sharply increases to export coal to Laos market

Vietnam sharply increases to export coal to Laos market

Information from the General Department of Customs shows that in the first 8
months of 2017, Vietnam exports coal to almost all markets increasingly in
comparison with that in the same time of the last year. It is particularly
noticeable that coal export to Laos market increased for 16 times by amount
(50,455 tons) and 15 times by value (4.32 million US$).

In the first 8 months of 2017 the total amount of export coal of Vietnam was
1.3 million tons with a value of 180.6 million US$ (increased respectively
132% and 215% over the same time of 2016).

In August, 2017 the country exported coal of nearly 131,734 tons with a
value of 15.33 million US$ (decreased respectively for 6% and 13.65 in
comparison with that in July, 2017)

The price of export coal in the first 8 months of 2017 was increased for 14%
in comparison with that in the same time of 2016 (116.4 US$/ton vs. 102
US$/ton)

The markets which import coal from Vietnam include:

i) Japan with 52% by amount (671,647 tons) and 46% by value (83.25 million
US$), ii) ASEAN countries with 24% by amount (308,172 tons) and 29% by value
(51.63 million US$), and iii) Malaysia with 12% by amount (157,889 tons) and
20% by value (more than 36.84 million US$).

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Link to Original Article:
http://nangluongvietnam.vn/news/en/coal-mineral/vietnam-sharply-increases-to
-export-coal-to-laos-market.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com