Vietnamese imports increase in first four months of 2017

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Vietnam: Vietnam exported 6.72Mt of cement and clinker worth US$235m in the first four months of 2017. This represents a 12.8% increase in volume terms compared to the first four months of 2016, but only a 7.9% in value terms.

In April 2017 the country’s clinker and cement exports rose by 6.7% month-on-month in volume terms and by 7.6% in value to 1.92Mt at a value of US$67.4m, according to the latest data from the General Department of Vietnam Customs.
Bangladesh, the Philippines, Peru, Mozambique, Malaysia and Taiwan remained the biggest importers of Vietnamese cement and clinker in the four-month period.

At present, Vietnam has become the fifth biggest cement producer and consumer in the world after China, India, Iran and the United States. The country now has 76 cement production lines with a combined output of 82Mt/yr. It is predicted to face a glut of between 25-35Mt/yr of cement by 2020 as domestic production has outstripped the real demand and local firms have failed to compete with other exporters in the region.

Last modified on 17 May 2017

URL: https://globalcement.com/news/item/6121-vietnamese-imports-increase-in-first-four-months-of-2017

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