Rubber exports rise to 330,000 tonnes in first five months

Tuesday, Jun 09, 2015 08:00

In May alone, Viet Nam exported 78,000 tonnes of rubber worth about $114 million. — Photo vietnamexport

HA NOI (Biz Hub) — Viet Nam's natural rubber exports in the first five months of this year reached a volume of 330,000 tonnes worth US$475 million, according to the Ministry of Agriculture and Rural Development.

The figure increased 30.1 per cent in volume and decreased 2.9 per cent in value compared to the same period last year.

In May alone, Viet Nam exported 78,000 tonnes of rubber worth about $114 million.

In the first four months, China continued to be the largest importer of Viet Nam's rubber, accounting for 44.39 per cent of the total export volume, followed by Malaysia and India.

Viet Nam imported about 160,000 tonnes of rubber worth $273 million in the first five months, up 29.6 per cent in volume and 9.8 per cent in value compared to the same period of 2014. — VNS

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