In 2024, Vietnam's coal exports to Japan are forecast to be valued at 98.75 million US dollars. This represents a continuation of a trend that saw the value at 100 million US dollars in 2023. Year-on-year changes predict a drop of 2.54% in 2025, 2.56% in 2026, 2.56% in 2027, and 2.59% in 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) indicates an average annual decline of approximately 2.56%.
Future trends to watch for:
- Potential shifts in Japan’s energy policy towards renewable sources.
- Vietnam’s coal production capacity and export policies.
- Fluctuations in global coal prices and their impact on export revenues.