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Vietnam coal exports drop for third consecutive month

March 10, 2021


Vietnamese coal imports slipped for a third straight month in February from a year earlier as industrial activity slowed amid the lunar new year holiday and a recent rise in Covid-19 cases.

Seaborne receipts in February were at 1.9mn t, provisional customs data show. This was down from 3.3mn t in the same month last year and from 2.99mn t in January. Vietnamese customs data do not differentiate between coking coal and thermal coal.

The outlook for Vietnam’s coal output remains firm, given a string of scheduled and under-construction generation projects. Vietnam will likely continue to develop 15 planned coal-fired power projects with a combined capacity of 18GW during 2021-2026, sustainable energy think-tank the Institute for Energy Economics and Financial Analysis said last month. 

[Saurabh Chaturvedi]

More: Vietnam’s coal imports fall further in February

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