Vietnam 10M17 exports rise 23% YoY

Vietnam 10M17 exports rise 23% YoY
16 November 2017

Total cement exports from Vietnam rose to 15.12Mt in the first 10 months of 2017, representing a 22.9 per cent YoY increase. The country’s export earnings were up 13.9 per cent when compared with the year-ago period, reaching US$532.4m, according to the Ministry of Industry and Trade.

Bangladesh, the Philippines, Taiwan and Peru were among major importers of Vietnamese clinker and cement, taking a 74.8 per cent share of the country’s total cement and clinker exports in the period.

Bangladesh remained the largest importer of Vietnamese cement and clinker in the 10M17, importing some 6.16Mt to the value of SU$181.47m. This represents YoY increases of 61.1 and 57.9 per cent, respectively.

The Philippines was the second-largest importer, purchasing 3.71Mt (US$165.04m) and representing an increase of 17.5 per cent YoY in terms of volumes. The value of product imported rose 10.5 per cent YoY.

Taiwan came third with US$28.99m, up 14 per cent YoY, while Peru ranked fourth with US$22.63m, advancing 6.6 per cent.

Published under Cement News