Rubber exports reached over USD 1.2 billion in the first 6 months of 2021

Rubber exports in the first half of this year went smoothly as both volume and turnover increased strongly, thereby achieving such impressive value.

Rubber exports reached more than USD 1.2 billion in the first 6 months of the year. Photo: TL.

According to the General Department of Customs, in June 2021, Vietnam's rubber exports reached 163.28 thousand tons, valued at USD 275.42 million, an increase of 97.3% in volume and 92.1% in value compared to May 2021; up 19.7% in volume and 69.6% in value compared to June 2020.

Accumulated in the first six months of 2021, rubber exports reached 714.32 thousand tons, worth more than USD 1.2 billion, an increase of 48.2% in volume and 88.5% in value in comparison to the same period in 2020.

China is still the largest market for Vietnamese rubber. In the first six months of 2021, Vietnam's rubber exports to China reached 491.63 thousand tons, valued at USD 793.76 million, up 44.9% in volume and 82.5% in value over the same period of the year before.

Also in the first half of this year, Vietnam's rubber exports to other major markets increased sharply in both volume and value over the same period in 2020. In which, exports to some markets experience a three-digit growth both in volume and value, notably in Sri Lanka, Pakistan and Russia.