Raw Materials & Natural Resources
This category covers key natural resources, including agriculture, fisheries, forestry, mining, and energy. It explores production trends, exports, imports, and government policies affecting raw material industries. Topics include supply chain dynamics, sustainability efforts, and the role of natural resources in global commodity markets. This section is essential for understanding the resource-driven sectors that underpin the economy and their impact on domestic and international trade.
Vietnam’s tea exports decline by 4.23 percent in December
Vietnam’s tea exports total US$256.41 million for 2024, reflecting a relatively stable export performance despite the month-on-month decline.
Vietnam’s iron ore mining shows sharp decline in December 2024
Year-on-year, the sector experienced robust growth of 23.5 percent in December 2024 compared to December 2023. However, for the entire year of 2024, iron ore mining recorded an 11.2 percent decline compared to 2023, indicating significant challenges over the longer term.
Vietnam’s imports of ores and other mineral products rise by 5.87 percent in December
Australia remained the largest supplier, contributing US$88.85 million, though this marked a slight decrease of 1.66 percent month-on-month. Brazil followed with US$58.17 million, a marginal increase of 0.59 percent. Imports from China surged by 28.27 percent to US$10.73 million.
Vietnam’s natural gas extraction rises in December but struggles year-on-year
Year-on-year, the sector saw a significant decline of 12.5 percent in December 2024 compared to December 2023. For the entirety of 2024, natural gas production dropped by 15.4 percent compared to 2023, reflecting persistent challenges.
Vietnam’s rice exports decline by 18.13 percent in December
Vietnam’s rice exports total US$5.67 billion for 2024…
Vietnam’s coal production estimated to reach 43.75 million tons in 2024
In November 2024, the country produced 3.72 million tons of clean coal, reflecting a solid performance despite the slight dip in December.
Vietnam’s precious stones, precious metals, and articles thereof exports decline by 23.94 percent in December
Vietnam’s exports of precious stones, precious metals, and articles thereof total US$634.46 million for 2024.
Vietnam’s corn imports decline by 2.68 percent in December
Argentina saw a significant increase in its exports to Vietnam, rising by 20.99 percent to US$137.16 million. Laos also recorded substantial growth, with imports increasing by 134.90 percent to US$3.87 million. However, imports from Brazil dropped sharply by 21.71 percent, contributing US$182.87 million in December.
Vietnam’s agriculture, forestry, and fisheries records FDI drop in December
In 2024, the sector attracted a total of 11 new projects with US$77.64 million in newly registered capital…
Vietnam’s mining sector sees no new foreign direct investment in December
In 2024, the sector attracted a total of 1 new project with US$3,830 in newly registered capital…
Vietnam’s fruit and vegetable processing shows strong annual growth in 2024
Year-on-year, the sector expanded by 11.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached an impressive 15.9 percent compared to 2023, reflecting substantial progress in this vital industry.
Vietnam’s petroleum products exports rise by 17.19 percent in December
Vietnam’s petroleum products exports total US$1.93 billion for 2024…
Vietnam’s gasoline and oil production estimated to reach 17.13 million tons in 2024
In November 2024, the country produced 1.30 million tons of gasoline and oil, maintaining a steady output despite slight fluctuations in December.
Vietnam’s pepper exports decline by 8.79 percent in December
Vietnam’s pepper exports total US$1.31 billion for 2024…
Vietnam’s imports of precious stones and metals rise by 2.93 percent in December
Hong Kong was a key supplier, with imports rising by 30.83 percent to US$15.38 million. Thailand and Switzerland showed significant growth, with increases of 86.49 percent and 169.42 percent, respectively. Imports from China also saw a notable rise of 25.30 percent.
Vietnam’s crude oil extraction estimated to reach 8.1 million tons in 2024
In November 2024, the country produced 652,800 tons of crude oil, which is a strong showing despite a slight dip in December.
Vietnam’s support services for oil and gas exploitation see strong December growth
Year-on-year, the sector recorded a significant growth of 25.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth stood at 10.0 percent compared to 2023, highlighting the steady expansion of these essential services.
Vietnam’s imports of rubber products rise by 3.16 percent in December
China was the largest supplier, contributing US$51.37 million, a modest 1.14 percent increase from November. Imports from Thailand and South Korea rose by 11.18 percent and 8.03 percent, respectively. India experienced the largest month-on-month growth, surging by 48.18 percent to US$2.38 million.
Vietnam’s animal fodder imports rise by 8.66 percent in December
Argentina remained the largest supplier, exporting US$189.39 million, though this marked a 16.80 percent decrease month-on-month. In contrast, imports from the USA surged by 53.54 percent to US$129.18 million. Brazil recorded the highest growth rate, with imports skyrocketing 657.41 percent to US$22.25 million.
Vietnam’s ores and other minerals products exports rise by 90.76 percent in December
Vietnam’s ores and other minerals products exports total US$215.74 million for 2024.
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