Rubber exports surge in first eight months

Tuesday, 07:58, 19/09/2017

Vietnam earned US$1.38 billion from exporting more than 800,000 tonnes of rubber in the first eight months of 2017, year-on-year rise of 54.1% in value and 12.8% in volume.

Export turnover of rubber products in January-August rose 25.5% annually to US$382.2 million.

China continued to be Vietnam’s top export market with US$867 million, 62.7% of the country’s total rubber export turnover in the period.

Malaysia came second with US$75.4 million and the Republic of Korea was third with US$56.7 million.

Vietnam remained as the world’s third largest rubber exporter with an estimated export turnover of nearly US$4.36 billion in 2016.

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