Coal exports to Laos see sharp increase

VOV.VN - In the first seven months of this year, coal exports to Laos skyrocketed 16-fold in volume to 50,400 tons and 15-fold in value to US$4.3 million against the same period last year, according to the General Department of Vietnam Customs.

Vietnam shipped 140,100 tons of coal in July to get US$17.7 million, down 16.2% in volume and 12.1% in value compared to June. This is the second month coal exports suffered a decline since early this year. However, exports in seven months still enjoyed a growth of 148% in volume to 1.1 million tons and 245.4% in value to US$165.9 million.

Asian countries are key importers of Vietnam coal. Japan makes up 48.2% of Vietnam’s total export value with 568,800 tons valued at US$71 million, trailed by Malaysia with US$151,200 tons worth US$36.2 million.
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