Cement and clinker exports fall 7pct in 2016

24-Dec-2016 Intellasia | VOV | 6:00 AM Print This Post

Vietnam domestic sector cement and clinker exports in 2016 are estimated to have fallen 7 percent against 2015 on the back of fierce competition with cheaper product churned out by producers in other countries.

According to the latest statistics of Vietnam Customs, domestic sector exports of cement and clinker for the 11 months leading up to December of 2016 fell 7.3 percent on-year in volume to 13.5 million tonnes and 17.5 percent in value to $510.7 million.

The Philippines and Bangladesh were the two largest buyers of Vietnamese cement and clinker for the 11-month period, importing 3.5 million tonnes at $163.7 million and 4.3 million tonnes at $129 million, respectively.

The only three consumer markets registering growth in imports for the January- November period were the Philippines (up 65.7 percent), Mozambique (up 39.3 percent) and Australia (up 36 percent), said Vietnam Customs.

http://english.vov.vn/economy/cement-and-clinker-exports-fall-7-in-2016-339934.vov

 


Category: Business

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