Vietnam’s coal exports dropped in October, with volumes reaching 74,258 tonnes, valued at US$15.81 million. This represents an 8.1 percent decrease in volume and a 15.4 percent decline in value compared to September, when 80,839 tonnes were exported, generating US$18.69 million.

Year-to-date figures show a mixed performance. From January to October, coal exports totalled 540,413 tonnes, a slight 1.5 percent increase in volume compared to the same period in 2023. However, export value fell sharply by 25.6 percent, reaching only US$130.99 million.

The decline in value both for October and year-to-date underscores challenges in the coal sector, including fluctuating global prices and demand shifts toward cleaner energy sources. While volume stability offers some optimism, addressing value declines will be critical for sustaining the sector’s contribution to Vietnam’s exports if that is indeed something Vietnam wants to continue.

Vietnam’s coal exports, October vs. September 2024

	October	September	MoM	YTD
Total	15,813,386	18,690,072	-15.39%	130,993,472
India	0	0.00%	0.00%	56,188
Indonesia	5,580,944	0.00%	0.00%	15,696,456
Japan	1,357,709	13,364,469	-89.84%	44,652,946
Malaysia	0	0.00%	0.00%	26,924
Netherlands	6,072,013	0.00%	0.00%	13,395,289
Philippines	0	0.00%	0.00%	15,101,782
South Africa	0	0.00%	0.00%	10,367,546
South Korea	0	0.00%	0.00%	2,892,642
Taiwan	0	609,400	0.00%	1,734,771
Thailand	2,589,746	0.00%	0.00%	4,087,122
Other	212,974	4,716,203	-95.48%	22,981,806

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