Petrol imports climb 3.5% in January

Petrol imports totalled 900,000 tonnes, worth US$552 million in the first month of the year, up 3.5% in volume and 10.9% in value year on year, according to the General Department of Customs.

However, the figures represented a decrease of 28.2% in volume and 27.1% in value from the previous month.

According to the agency, in January, Vietnam’s export-import value reached US$38.3 billion –up 39.9% compared to a year earlier but down 3.1% compared to December 2017.

The export value was estimated at US$19 billion, rising by 33.1% year on year and falling 3.3% from the previous month.

The import value was projected at US$19.3 billion, up 47.4% year on year, and down 3% month on month.

The main exports were mobile phones and spare parts, worth US$4.2 billion, up 7.7% from the previous month, and 80.7% from a year ago.

In January, exports of garment-textile, and computers and spare parts were estimated at US$2.3 billion and US$2.2 billion, up 7.6% and 37.9% year on year, respectively.

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