Vietnam 2020 coal imports hit a record high

sxcoal.com Import & Export,  International 2021-01-20 09:59:34

Vietnam's coal import surged 25% on the year to 54.81 million tonnes in the year 2020, hitting a record high, showed preliminary data from the Vietnam customs authority.


The country imported 4.03 million tonnes of coal in December, falling 6.29% from a year ago, but rising 7.44% from 3.75 million tonnes in November 2020, data showed.



The value of imports amounted to $285 million in December, down 11.82% year on year but rising 23.82% from a month ago.

 

Australia was the top supplier for Vietnam in the month, with coal shipments at 1.86 million tonnes, increasing 27.73% from a year ago and 30.8% month on month.

 

Imports from Indonesia were 1.3 million tonnes in December, falling 28.24% from the year prior and 8.12% month on month.

 

Shipments from Russia slumped 28.09% year on year and 31.87% on the month to 431,000 tonnes.

 

Vietnam, Indonesia, the Philippines and Bangladesh were reported to have canceled a total of 45 GW coal-fired power generation projects in 2020.

 

Vietnam also called off construction plan for seven coal-fired power plants and postponed six plants to 2030.



(Writing by Rebecca Liu  Editing by Tammy Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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