Vietnam Rubber Exports More Than 60% To China

- Nov 19, 2018-

According to Vietnam Customs data, in October this year, Vietnam’s rubber exports were about 180,000 tons, and exports were 233 million US dollars, up 17.8% and 18.3% from the previous month, up 55.4% and 31% year-on-year.

From January to October, Vietnam's rubber exports reached 1.21 million tons, up 13.4% year-on-year, and exports reached US$1.65 billion, down 7.6% year-on-year.

According to the forecast of the Ministry of Industry and Trade of Vietnam, the trade tension between China and the United States has brought certain influence to the Vietnamese rubber industry.

In the first 10 months, China, India and Malaysia were the top three export markets for rubber in Vietnam, accounting for 66%, 7% and 5% respectively.