Petrol and oil imports up 23% over nine months
VOV.VN - Vietnam spent US$6.65 billion buying eight million cubic metres of petrol and oil over the past nine months of the year, up 23.1% in volume but down 2.4% in value compared to the same period from 2022.
According to the latest statistics unveiled by the General Department of Vietnam Customs, the price of fuel imports throughout the reviewed period reached US$829 per cubic metre, an annual decrease of 20.7%.
The Republic of Korea (RoK), Singapore, and Malaysia were the largest fuel suppliers to Vietnam, accounting for more than 81% of the country’s overall petroleum imports.
September alone witnessed Vietnam purchase 826,319 cubic metres of petroleum of all types worth US$783 million, down 24.7% and 21% in volume and value, respectively, from the previous month.
Compared to the same period from 2022, there was a 31.5% rise in volume and 27% increase in value.
The price of fuel imports in September reached US$948 per cubic metre, up 4.8% compared to the figure in August but down 2.4% compared to the same period in 2022.
This marks the fourth consecutive month that imported petroleum prices have increased, reaching its record high since the beginning of the year.
