In the first 10 months of the year, cement and clinker exports brought in 1.125 billion USD.

Cement exports are sluggish, businesses face pressure to sell. In the first eight months of 2023, Vietnam's cement and clinker exports decreased in both volume and value.

According to data from the General Statistics Office, clinker and cement exports in October 2023 reached 2.6 million tons with a value of 103 million USD, an increase of 22.8% in volume and 14.8% in value compared to October 2022.

In the first 10 months of the year, the cement industry exported more than 26 million tons of products, earning $1.125 billion, equivalent to the output of the same period last year but with a 2.4% decrease in value.

The export prices of cement and clinker continue to decline, which is why export volume has not decreased, but the value of foreign currency earned has slightly declined.

The Philippines continues to be Vietnam's largest export market for this product, with over 6.17 million tons, valued at over $277 million after nine months, a 3% increase in volume but a slight 1.4% decrease compared to the same period last year. The average export price reached $45 per ton, a decrease of $1 per ton compared to the same period last year.


In the first 10 months of the year, the cement industry exported more than 26 million tons of products, earning $1.125 billion. Photo: VGP

8 tháng, xuất khẩu xi măng giảm 19% - Ảnh 1.

In the first 10 months of the year, the cement industry exported more than 26 million tons of products, earning $1.125 billion. Photo: VGP

Ranked second is the Bangladesh market, which spent over $167 million importing more than 4.47 million tons of clinker and cement from Vietnam, an 80% increase in volume and a 67% increase in value compared to the same period in 2022. The export price decreased slightly by $3/ton compared to the same period, reaching $37/ton.

Exports of cement and clinker to Taiwan (China) reached over 1.292 million tons with a value of over 50.5 million USD, an increase of 4.5% in volume but a decrease of 2.5% in value compared to the same period last year, with an export price of 42 USD/ton.

Cement and clinker exports have faced a decline since the beginning of last year. By the end of 2022, the entire industry exported over 30 million tons, a decrease of nearly 15 million tons (equivalent to a 33% reduction) compared to the record figure of 2021.

The total foreign exchange earnings from cement and clinker exports in 2022 reached only $1.36 billion, a decrease of $398 million compared to 2021.

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