Vietnam’s rubber exports reach 1.7 billion USD in eight months

Vietnam’s rubber exports topped 1.7 billion USD in the first eight months of 2024, statistics show. With this result, the whole year’s turnover is forecast to hit 3-3.5 billion USD, equivalent to an increase of 200-400 million USD compared to last year. The export volume stood at 209,726 tonnes in August to bring home nearly 345 million USD, up 12.7% in volume and 12% in value compared to the previous month, according to the General Department of Customs. During the first eight months, about 1.12 million tonnes of rubber worth 1.76 billion USD was shipped abroad, down 7.2% in volume but up 8.4% in value year-on-year. The country currently has a latex output of 1.3 million tonnes per year from 910,000 hectares of rubber plantations, reported the Vietnam Rubber Association.

Source: Vietnam News Agency

  • malaysiang

    Related Posts

    LYB Obtains Renewable Electricity Capacity To Reach 2030 Goal

    KUALA LUMPUR, LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurem…

    Prime Minister attends Ho Chi Minh City Economic Forum

    Prime Minister Pham Minh Chinh attended the opening ceremony of the 5th Ho Chi Minh City Economic Forum in Ho Chi Minh City on September 25. The forum was held under the theme “Industrial transformation, a new driving force for sustainable developmen…