Vietnam’s crude oil exports rose by 4.01 percent in March compared to February, reaching US$128.48 million, according to data from Vietnam’s General Department of Customs.
Total crude oil exports for the year-to-date have hit US$374.61 million. The rise in March was largely driven by a 66.61 percent increase in shipments to Australia, which accounted for nearly 55 percent of total exports.
Exports to Thailand remained relatively stable with a slight decrease of 2.33 percent. In contrast, shipments to Singapore fell sharply by 51.51 percent, despite having surged the previous month.
See also: Crude Oil Industry in Vietnam
Vietnam crude oil exports, March, US$ millions
| March | February | MoM | YTD | % of YTD | |
| Total | 128.48 | 123.52 | 4.01% | 374.61 | 100.00% |
| Other | 0.01 | 0.00 | 0.00% | 24.82 | 6.62% |
| Australia | 79.54 | 47.74 | 66.61% | 204.74 | 54.65% |
| Singapore | 24.74 | 51.01 | -51.51% | 51.24 | 13.68% |
| Thailand | 24.19 | 24.77 | -2.33% | 93.82 | 25.04% |
See also: How to Start an Export Business in Vietnam.