# Viet Nam Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils price positioning (HS 271000)

Canonical: https://www.yugalinks.com/trade/price-exporter/vnm/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Viet Nam has a median reported export price of $1.6K/t across 105 markets. Across the reported period, the highest observed price is $452.0K/t in Serbia; the lowest is $1.1/t in Mozambique.

## Summary

- Price spread: 27,922.3%
- Total trade value: $4.8B
- Average quantity: 19,434 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Cambodia | 2023 | $770.2/t | -62.2% | -19.5% | -12% | $2.3B | 5 | Below |
| Saudi Arabia | 2023 | $943.3/t | -24.6% | +48% | +48% | $415.0M | 2 | Mid |
| Singapore | 2023 | $673.2/t | +16% | -6.5% | +49.5% | $517.3M | 4 | Mid |
| China | 2023 | $5.1K/t | +373.6% | -18.5% | +85.4% | $625.0M | 5 | Above |
| Laos | 2023 | $703.8/t | -84.6% | -36% | -29.2% | $310.7M | 5 | Below |
| Philippines | 2023 | $897.0/t | -67.5% | -34.3% | -22% | $94.8M | 4 | Below |
| Russia | 2023 | $822.9/t | -75% | -17% | -52.8% | $57.0M | 5 | Below |
| Malaysia | 2023 | $1.4K/t | +15.6% | +41.6% | +191.7% | $212.0M | 5 | Mid |
| Indonesia | 2023 | $3.5K/t | +81% | +174% | -3% | $59.5M | 5 | Above |
| Thailand | 2023 | $2.9K/t | +25.1% | +215.8% | +61.4% | $52.4M | 5 | Above |
| Republic of Korea | 2023 | $1.1K/t | +11.5% | -25.9% | +58.6% | $26.7M | 5 | Mid |
| Japan | 2023 | $3.2K/t | +72% | +165.6% | +2.7% | $20.5M | 5 | Above |
| Other Asia, nes | 2023 | $3.2K/t | +137.9% | +351% | +478.3% | $26.1M | 5 | Above |
| Myanmar | 2023 | $733.8/t | -38.2% | -27.4% | -49.6% | $6.6M | 5 | Below |
| New Zealand | 2023 | $3.7K/t | +10.8% | +0.4% | +70.1% | $6.4M | 5 | Mid |
| Mozambique | 2023 | $34.0/t | -97% | +3,067.2% | +2,067.2% | $26.6K | 3 | Below |
| Serbia | 2022 | $452.0K/t | +28,768.8% | Not reported | +0% | $904.0 | 1 | Above |

## Price history

- Cambodia: 2017 $875.0/t, 2019 $558.9/t, 2020 $399.4/t, 2022 $957.1/t, 2023 $770.2/t
- Saudi Arabia: 2022 $637.2/t, 2023 $943.3/t
- Singapore: 2019 $450.4/t, 2020 $326.5/t, 2022 $720.2/t, 2023 $673.2/t
- China: 2017 $2.8K/t, 2019 $4.1K/t, 2020 $1.7K/t, 2022 $6.3K/t, 2023 $5.1K/t
- Laos: 2017 $994.8/t, 2019 $685.7/t, 2020 $502.1/t, 2022 $1.1K/t, 2023 $703.8/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $823.5/t | Not reported | $528.9M | 44 |
| 2019 | $786.4/t | -4.5% | $1.1B | 64 |
| 2020 | $465.4/t | -40.8% | $601.3M | 69 |
| 2022 | $926.5/t | +99.1% | $1.4B | 69 |
| 2023 | $897.4/t | -3.1% | $1.2B | 68 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 105 importer markets; 314 reported market-year observations.

## FAQ

### What does Viet Nam price positioning show for HS 271000?

It compares Viet Nam's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "VNM",
  "hs_code": "271000",
  "summary": {
    "num_markets": 105,
    "highest_price_importer_iso3": "SRB",
    "highest_price_usd_per_ton": 452000,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 1.0737266103634546,
    "median_price_across_markets": 1618.7752824661738,
    "price_spread_pct": 27922.27748775468,
    "avg_quantity_metric_tons": 19434.344105095548,
    "total_trade_value_usd": 4765210910
  },
  "marketRows": [
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      "importer_iso3": "MMR",
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      "importer_iso3": "NZL",
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    {
      "importer_iso3": "MOZ",
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      "price_position": "Below",
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