Crude oil exports to China skyrocket

VOV.VN - Vietnam shipped 1.2 million tons of crude oil to China to get US$323 million in the first quarter of this year, up 253% in volume and 130.5% in value against the corresponding period last year, according to the General Department of Vietnam Customs.

Accordingly, China became the biggest importer of Vietnam’s crude oil in the period.

Totally, in the first three months, Vietnam exported 1.82 million tons of crude oil to earn US$498 million, down 17.4% in volume and 47.2% in value compared to the same period last year.

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