RUBBER export volume could hit a record of 882,000 tonnes this year against the annual target of 830,000, Vietnam’s Ministry of Agriculture and Rural Development has forecast.
According to custom office statistics, last month the country exported 88,825 tonnes of rubber worth US$252.7 million, up 27.7% in volume and 32.2% in value against the previous month. It raised rubber exports in the first two months to 158,394 tonnes, worth $443.8 million.
General Secretary of the Vietnam Rubber Association Tran Thi Thuy Hoa said that rising demand on the world market, especially in China and India, contributed to the sharp increase in exports, especially China that consumes more than 57% of Vietnam’s produce.(PRA)
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