Vietnam spends more importing less petrol in 2018

Source: Xinhua| 2019-01-03 16:21:33|Editor: WX
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HANOI, Jan. 3 (Xinhua) -- Vietnam imported nearly 11.4 million tons of various kinds of oil and petroleum products totaling over 7.6 billion U.S. dollars in 2018, down 12.1 percent in volume but up 7.8 percent in value against 2017, the Ministry of Industry and Trade said on Thursday.

Meanwhile, the country imported more than 1.4 million tons of liquefied petroleum gas (LPG) worth 841 million U.S. dollars, seeing respective year-on-year rises of 4.9 percent and 18.3 percent.

Vietnam also spent 966 million U.S. dollars importing other products made from oil, up 12.9 percent. Meanwhile, it exported over 4.1 million tons of crude oil valued at roughly 2.3 billion U.S. dollars, posting respective year-on-year falls of 39.5 percent and 21.2 percent.

In 2017, Vietnam imported over 12.8 million tons of oil and petroleum products totaling 7 billion U.S. dollars, and roughly 1.4 million tons of LPG worth 732 million U.S. dollars, according to the country's General Statistics Office.

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