Cement exports record strong growth

Cement exports in the first seven months of the year registered impressive growth, with 17.65 million tonnes sold for US$656.3 million, year-on-year increases of 63.2% in volume and 73.4% in value.

Cement exports in the first seven months of the year registered impressive growth. (Photo: VNA)
According to the General Department of Customs, export prices of cement and clinker grew 6.3% to reach an average US$37.2 per tonne.

Bangladesh was the largest consumer of Vietnamese cement and clinker, spending US$152.8 million on 4.75 million tonnes of the building materials, accounting for 23.3% and 26.9% in Vietnam’s total cement export quantity and value, respectively.

Notably, export revenue earned from China was 90 times higher than that gained in the same period last year, with US$158.35 million. The market consumed 4.52 million tonnes of Vietnamese cement and clinker, an 80-fold increase, becoming the second largest purchaser of the goods.

The Philippines was the third biggest Vietnamese cement buyer at 3.49 million tonnes.

Meanwhile, strong growth in cement exports was seen in Malaysia (87.9%), Peru (74.7%) and China’s Taiwan (11.9%).

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