September 19, 2017 | 21:44 (GMT+7)
Rubber exports surge in first eight months
Vietnam earned 1.38 billion USD from exporting more than 800,000 tons of rubber in the first eight months of 2017, year-on-year rise of 54.1 percent in value and 12.8 percent in volume.
Vietnam exported over 800,000 tons of rubber in the first eight months of 2017. Photo: tapchicaosu.vn
Export turnover of rubber products in January-August rose 25.5 percent annually to 382.2 million USD.
China continued to be Vietnam’s top export market with 867 million USD, 62.7 percent of the country’s total rubber export turnover in the period.
Malaysia came second with 75.4 million USD and the Republic of Korea was third with 56.7 million USD.
Vietnam remained the world’s third largest rubber exporter with an estimated export turnover of nearly 4.36 billion USD in 2016.
Source: VNA