Vietnam Exported More Than 1.85 Million Tons Of Refined Oil In The First 10 Months

- Dec 02, 2020-

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According to statistics from the General Administration of Statistics of Vietnam, Vietnam exported more than 1.85 million tons of refined oil in the first 10 months, earning 780 million US dollars in foreign exchange, and the average price was 426.7 US dollars per ton. The export volume and price decreased by 33.9% and 30.6% respectively.


   In October, the export value of Vietnamese refined oil products to most markets such as South Korea, Cambodia, and Laos all declined month-on-month.


   The export volume to China increased by 235.5% to 30,882 tons; the export volume to Malaysia also increased by 31%, and the export value increased by 45.2%.


   In the first 10 months, Cambodia was the largest export market for Vietnam's refined oil products, reaching 519,000 tons, or about 200 million US dollars, with an average price of 394.5 US dollars/ton.


   China is next with 220,000 tons, about 110 million US dollars. In the first 10 months, exports of Vietnamese refined oil products to all markets have declined, but exports to Malaysia have increased.


Markets with large export declines include: exports to the Philippines fell by 93%, and exports fell by 95%; exports to Indonesia fell by 37%, and exports fell by 65%; exports to Russia fell by 60%, and exports fell by 63%. .


Relevant freight rates Shenzhen Guangzhou Pearl River Delta Hong Kong Shanghai Ningbo Xiamen Qingdao Tianjin Dalian

Port of departure Port of destination Shipping company 20GP 40GP 40HC Validity Details

Shekou, Shenzhen Haiphong NAMSUNG 600 1200 1200 2020-11-23-2020-12-14 Details

Shekou, Shenzhen Haiphong SITC 600 1300 1300 2020-12-01-2020-12-07 Details

Shekou, Shenzhen Haiphong SITC 600 1300 1300 2020-12-01-2020-12-07 Details

Shekou, Shenzhen Haiphong SITC 600 1300 1300 2020-12-01-2020-12-07 Details

Shekou, Shenzhen Haiphong YML 600 1250 1250 2020-12-01-2020-12-07 Details

Shekou, Shenzhen Haiphong YML 600 1250 1250 2020-12-01-2020-12-07 Details

Yantian, Shenzhen Haiphong COSCO 600 1200 1200 2020-12-01-2020-12-07 Details

Yantian, Shenzhen Haiphong COSCO 600 1200 1200 2020-12-01-2020-12-07 Details

Yantian, Shenzhen Haiphong YML 600 1250 1250 2020-12-01-2020-12-07 Details

Yantian, Shenzhen Haiphong YML 600 1250 1250 2020-12-01-2020-12-07 Details



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