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Vietnam exports less rubber to China

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Vietnam is forecasted to export 1.1 million tons of natural rubber, valuing at 1.6 billlion dollars in 2015, slightly increasing 3.2% compared to the same period of 2014, according to Vietnam Rubber Association.


In the first nine months, Vietnam exported 760,000 tons of natural rubber in all, reaching 1.09 billion dollars of total value. Anyway, Vietnam is  facing crisis of falling rubber price arising by increasing stock.


Nowadays, Vietnam's rubber exports to about 70 markets in the world, but it is still highly depending in Chinese market. With export growth in Malaysia, India market, export to China has declined to below 50% from previous 70%.



                                                             Tireworld

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