VOV.VN - With high export growth recorded in the United States last year, Vietnamese rubber exports to the demanding market are set to continue to witness positive signs this year.

Vietnam ranked third in the world in terms of rubber export value, raking in US$3.24 billion in 2021, up 36.2% from the previous year, the Ministry of Agriculture and Rural Development (MARD) said.

VOV.VN - With optimistic signs being recorded in terms of rubber exports last year, the local rubber industry is anticipated to rake in US$3.5 billion from exports in the year ahead, according to predictions made by the Ministry of Industry and Trade.

VOV.VN - Vietnam made up India’s third largest supplier of rubber in the opening 10 months of this year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

VOV.VN - Vietnamese rubber exports to the Republic of Korea (RoK) increased by 57.8% in volume and 95.2% in value during the opening 10 months of the year, with its rubber market share in the RoK rising significantly, according to details given by the General Department of Vietnam Customs.

VOV.VN - Vietnamese rubber export turnover in the third quarter of the year reached its highest level over the past several years thanks to a sharp rise in rubber export prices at an average of US$1,650 per tonne, an annual increase of 32.7%.

Vietnam exported nearly 919,000 tonnes of rubber, earning US$1.54 billion in the first seven months of 2021 with the price of US$1,677 per tonne, up 34.2%, 74.5% and 30% respectively, according to the General Department of Vietnam Customs.

VOV.VN - The nation was the 11th largest rubber supplier to the United States, with 21,010 tonnes of rubber worth US$37.14 million exported during the first half of the year, an annual rise of 54.4% in volume and 81.8% in value, according to the Ministry of Industry and Trade.

VOV.VN - Vietnam raked in US$1.15 billion from exporting approximately 681,000 tonnes of rubber in the first half of the year, with China continuing to increase rubber imports from the country, according to the Import-Export Department under the Ministry of Industry and Trade.

VOV.VN - Vietnam exported 548,000 tonnes of rubber worth US$923 million during the opening five months of the year, up 58.7% in volume and 94% in value compared to the same period last year, according to the Ministry of Industry and Trade.