VOV.VN - Vietnam was India’s second largest supplier of rubber during the first five months of this year, according to data released by the Ministry of Industry and Trade’s Agency of Foreign Trade.
The reviewed period witnessed the country export 47,230 tonnes of rubber to India for US$75.79 million, up 42.8% in volume and 63.5% in value compared to the same period last year.
May alone saw businesses ship 9,470 tonnes of rubber to the South Asian country, raking in US$15.83 million, up 7.2% in volume and 6.8% in value month on month.
Natural rubber from the Vietnamese market is the primary product exported to India. Particularly, the SVR 10 accounted for the largest portion of the total exported rubber at 61.81%, followed by SVR 3L and RSS3 at 24.85% and 5.29%, respectively.
The average export price of various types of rubber to India in the first five months of the year mostly increased compared to the same period from 2023. Of which, latex witnessed the strongest rise with 28.3%, followed by SVR 10 at 13.9%, RSS3 at 13.4%, SVR 3L at 10.6%, and SVR CV60 at 9.4%.
VOV.VN - The first five months of the year witnessed the Sri Lankan market abruptly increase rubber imports from Vietnam with a growth of 435.7% in volume and 530.5% in value.
VOV.VN - There remains plenty of room ahead to grow Vietnamese rubber exports to the United States amid the nation’s share of the rubber market in the US has seen gradual improvement.
Local rubber tire producer, Da Nang Rubber joint-stock Corporation and Oceanside One Trading company from Brazil have inked an agreement on rubber tire distribution contract in Brazil and the US market, promising an increase in export turn-over from US$70 million to US$150 million per year.
.JPG&w=640&q=100)
Bình luận
Bình luận của bạn sẽ được xét duyệt trước khi đăng