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Rubber exports increased sharply 

 Tuesday, July 10,2018

AsemconnectVietnam - Vietnam’s exports of rubber totaled 442,000 tons worth of US$ 647.1 million in the first five months of this year, increased by 22.6 per cent in quantity but decreased by 8.4 per cent in value over the same period of 2017, showed the statistics figures of the General Department of Customs.

In May, the country’s exports of rubber reached 108,800 tons worth of $ 157.2 million, up by 54 per cent in quantity and 55.2 per cent in value over the previous month.
 
Vietnam exported rubber to over 26 countries and territories in the world, leading by China with 275,510 tons worth of $ 396.7 million, up by 24.8 per cent in quantity but down by 8.34 per cent in value year – on – year.
It was followed by Malaysia with 18,100 tons worth of $ 25 million, down by 2.08 per cent in quantity and 22.46 per cent in value.
 
In the first five months of this year, Vietnam’s exports of rubber to Ukraine reached 125 tons worth of $ 223,800, increased sharply by 212.5 per cent in quantity and 124.76 per cent in value; to Sweden – 826 tons worth of $ 1.24 million, up by 140.82 per cent in quantity and 80.65 per cent in value.

However, the exports to South Korea decreased sharply by 27.63 per cent in quantity and 46.29 per cent in value to 12,300 tons worth of $ 19.4 million.

Vietnam’s rubber export markets in the first 5 months of 2018 -
source: VITIC – according to the figures of the General Department of Customs
Market
First 5 months of 2018
First 5 months of 2018 vs. same period of 2017 (%)
Quantity (Ton)
Value (US$)
Quantity
Value
China
275,511
396,709,742
24.88
-8.34
India
26,621
41,433,360
103.31
72.93
Malaysia
18,140
25,035,570
-2.08
-22.46
Germany
14,392
22,798,361
21.8
-6.61
South Korea
12,327
19,403,848
-27.63
-46.29
Taiwan
11,338
17,863,184
45.6
9.05
The U.S
10,345
15,389,426
-9.61
-19.37
Turkey
9,617
14,279,908
4.4
-20.83
Indonesia
6,425
10,110,082
43.16
13.23
Italy
6,006
8,701,600
21.83
-13.81
Japan
4,530
7,512,902
8.4
-17.09
Spain
4,323
6,298,108
1.19
-28.48
Russia
3,433
5,147,461
82.51
33.91
The Netherlands
3,388
4,326,416
-16.08
-46.2
Brazil
2,601
3,647,663
3.58
-26.56
Pakistan
2,099
3,062,598
85.1
47.8
Canada
1,463
2,240,311
30.04
-6.26
Belgium
1,772
2,081,220
-26.75
-46.47
France
890
1,404,323
-19.89
-44.57
Finland
847
1,369,973
90.77
34.8
Hong Kong (China)
857
1,310,556
16.12
-16.54
Mexico
857
1,283,633
28.1
-0.54
Britain
813
1,246,655
34.83
-9.26
Sweden
826
1,242,074
140.82
80.65
Argentina
701
1,126,786
1.59
-23.09
Czech
302
488,880
-53.03
-63.35
Ukraine
125
223,860
212.5
124.76
Singapore
30
48,737
-6.25
-13.98
CK
Source: VITIC

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