Vietnam’s petroleum product exports surge 65.74 percent in March

Vietnam exported petroleum products worth US$117.75 million in March, a 65.74 percent increase from February, according to data from Vietnam’s General Department of Customs.

This brought the total year-to-date value to US$263.56 million. China was the largest market, importing US$39.04 million, followed closely by Singapore and South Korea. Exports to China and Singapore rose sharply by 179.30 percent and 139.56 percent respectively.

Malaysia also saw a substantial increase of 183.73 percent, while exports to Laos fell by 48.08 percent. No exports were recorded to Hong Kong or Thailand in March.

See also: Petroleum Industry in Vietnam
Vietnam petroleum product exports, March, US$ millions

MarchFebruaryMoMYTD% of YTD
Total117.7571.0565.74%263.56100.00%
Other1.980.37438.98%3.131.19%
China39.0413.98179.30%67.2425.51%
Singapore33.6914.06139.56%58.6722.26%
South Korea25.0226.13-4.24%70.7426.84%
Cambodia13.9013.145.80%54.0620.51%
Malaysia3.231.14183.73%4.371.66%
Laos0.881.70-48.08%4.371.66%
Hong Kong0.000.52-100.00%0.520.20%
Thailand0.000.000.00%0.460.18%

See also: How to Start an Export Business in Vietnam.

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