Crude oil imports surged in the first 7 months of 2019
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According to the Ministry of Industry and Trade, in the first 7 months of the year, the country spent about 143.3 billion USD to import goods from abroad, up by 8.3% YoY.
In particular, imports of many goods for production increased sharply, such as computers, electronic products and components reached 28.2 billion USD, up 19%. Imports of machinery, equipment and spare parts also increased by 12.7%, reaching US $ 28.2 billion, while imports of fabrics of all kinds increased by 4.6% ...
Especially, crude oil imports of Vietnam in 7 months of this year increased sharply compared to the same period last year. Updated data show that in June 2019, the country imported about 533,000 tons of crude oil with a value of about 283 million USD. Gradually increased to 600,000 tons, equivalent to 275 million USD in July.
Accumulated after 7 months, the amount of imported crude oil reached more than 2.4 million tons, equivalent to about US $ 2.35 billion, up 38.9% in volume and 163.5 in value over the same period last year. last. In the country, according to the representative of the Ministry of Industry and Trade, crude oil exploitation output in the first 7 months of 2019 is estimated at 7.9 million tons, down 5.1% compared to the same period in 2018.
In addition, natural gas exploitation reached about 6.2 billion m3, up 1.6% over the same period in 2018, while the exploitation of liquefied petroleum gas (LPG) was estimated at 604.9 thousand tons, up 16, 4% over the same period.

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