 |
| 15 largest rubber export markets of Vietnam in February and the first 2 months of 2020. Source: Ministry of Industry and Trade / General Department of Customs. |
The Import and Export Department (Ministry of Industry and Trade) said that according to the statistics of the General Department of Customs, Vietnam's rubber export in February 2020 reached 77,440 tons, worth US $ 113.37 million, down 11.4%. % in volume and down 13.7% in value compared to January 2020; Compared to February 2019, down 2.6% in volume, but up 7.8% in value.
In the first 2 months of 2020, Vietnam's rubber export reached 167,340 tons, valued at over US $ 244.45 million, down 29.4% in volume and down nearly 20% in value over the same period in 2019. Vietnam's rubber export price in February 2020 reached an average of US $ 1,464 / ton, up 0.4% compared to January 2020 and up 10.7% compared to February 2020.
In February 2020, China remained Vietnam's largest rubber export market, reaching nearly 42,700 thousand tons, valued at US $ 60.81 million, down nearly 36% in volume and 37% in value compared to with January 2020; At the same time, it decreased by 12.7% in volume and 5.3% in value compared to February 2019.
The share of rubber exports to China in the total rubber export volume of Vietnam in February 2020 decreased to 55.1%, compared to 61.5% in February 2019.
In the first 2 months of 2020, rubber exports to China reached more than 109,000 tons, worth US $ 157.02 million, down 28.7% in volume and 19.8% in value over the same period in 2019. .
Vietnam's rubber export price to China in the first 2 months of 2020 averaged at US $ 1,440 / ton, up 12.5% over the same period in 2019.
In general, in the first 2 months of 2020, rubber export to most major markets dropped sharply, while export to some other markets saw positive growth like Turkey, up by 37.2% to volume and 53.5% in value, Taiwan increased by 42.7% in volume and 60.4% in value, Spain increased to 171.8% in volume and over 275% in value, Brazil increased by 75 , 8% in volume and 136.3% in value, Bangladesh is up 123.8% in volume and 139% in value …
According to Economy & Consumer
