Rubber exports enjoy positive growth in May
VOV.VN - Vietnam's rubber exports in May recorded positive growth, up 25.4% in volume and 22.6% in value compared to April, according to the Ministry of Industry and Trade.
The average rubber export price in May stood at US$1,358 per ton, down 2.2% compared to the previous month and down 20.5% against the same period from last year.
During the five-month period, Vietnam exported 580,000 tons, worth US$803 million, down 3.3% in volume and 23.7% in value on-year. Vietnam's key rubber exports are a mixture of natural and synthetic rubber HS 400280, making up 67.43% of the country's total rubber exports
Of which, exports to China accounted for 99.79% of the country’s total export of mixed natural and synthetic rubber.
In addition, exports of other types of rubber also grew well compared to last year's corresponding period, including RSS1, regenerated rubber, and SVR CV40.