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Vietnam’s rubber export value and volume up in first four months
Source:Adsale Plastics Network     Editor:VC    Date:03.Jun.2021

According to the Ministry of Agriculture and Rural Development of Vietnam, the country exported 486,000 tonnes of rubbers worth US$817 million in the first four months of 2021, up 79.6% in volume and 111.6% in value compared to the same period of last year.

 

China, India and the US were the largest importers of Vietnamese rubber in the first three months of this year, accounting for 64.2%, 5.1% and 2.7% of Vietnam’s total export volume respectively.

 

Meanwhile, the export price reached US$1,660 per tonne on average in the first three months, representing an increase of 14.1% year-on-year.


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Vietnam ranks third in rubber production and has the fifth largest rubber cultivation area in the world.

 

Vietnam ranks third in rubber production in the world, only after Thailand and Indonesia. It has the fifth largest rubber cultivation area.

 

The country has exported mainly raw material of latex, the rest has been processed products such as tires, gloves, accessories and soles of shoes.

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