In the first 7 months of the year, Vietnam exported more than 684,700 tons of rubber

In the first 7 months of the year, Vietnam exported more than 684,700 tons of rubber
In the first 7 months of the year, Vietnam exported more than 684,700 tons of rubber
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According to kinhtetieudung.phapluatxahoi.vn

According to the latest issue of agricultural, forestry and fishery market report on August 20 of the Department of Import and Export Khaair (Ministry of Industry and Trade), according to statistics of the General Department of Vietnam Customs, in July 2020, Vietnam’s rubber export reached 202,830 tons, worth $ 245.28 million, up 48.8% in volume and 51% in value compared to June 2020.

Compared to July 2019, it increased by 21.5% in volume and 5.2% in value. Accumulated in the first 7 months of 2020, rubber export reached 684,750 tons, worth 883.67 million USD, down 12.2% in volume and 17.7% in value over the same period in 2019.

Regarding the export price, the average rubber export price of Vietnam in July 2020 was at $ 1,209 / ton, up 1.6% from June 2020, but down 13.4% compared to July / 2019.

In the first 7 months of the year, Vietnam exported more than 684,700 tons of rubber - Photo 1.

Average rubber export price of Vietnam in 2018 – 2020 (Unit: USD / ton). Source: Ministry of Industry and Trade / General Department of Customs.

China is the largest rubber export market of Vietnam in July 2020, reaching 169,710 tons, worth $ 203.57 million, up 55.7% in volume and 59% in value compared to the month. 6/2020; compared with July 2019, it increases 52.4% in volume and 33% in value.

Generally in the first 7 months of 2020, rubber exports to China reached 509,000 tons, worth $ 638.65 million, up 2.3% in volume, but down 5.5% in value over the same period in 2019. .

According to the Import and Export Department (Ministry of Industry and Trade), in the first 7 months of 2020, despite the impact of COVID-19 epidemic, rubber exports to some markets still achieved growth compared to the same period in 2019. as: Pakistan, Argentina, Czech Republic …, but these markets only account for a small proportion of Vietnam’s rubber exports.



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