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Customs data shows that China is the largest rubber export market of Vietnam, accounting for nearly

2022-12-14

According to customs data, in the first 11 months of 2022, Vietnam's rubber export volume is about 1.86 million tons, worth 2.93 billion US dollars, up 9.1% and 3% year on year respectively.

According to customs data, in November 2022, Vietnam's rubber exports will be about 240000 tons, valued at 328 million US dollars, up 7.3% and 4.6% month on month respectively; The year-on-year growth rate was 13.6% and the year-on-year decrease rate was 8.4%. According to customs data, the average export price of rubber in November was US $1366 per ton, down 2.6% month on month and 19.3% year on year.

According to customs data, in the past 10 months, China, India and South Korea are the three largest consumer markets of Vietnam's rubber, accounting for 69.5%, 7.1% and 2.6% of the market shares respectively. In addition, Vietnam's rubber exports to Russia grew the fastest, with a year-on-year growth of 44.4%.

In November 2022, Vietnam imported 220000 tons of rubber, valued at 265 million dollars. In the first 11 months, Vietnam's total rubber imports and value were nearly 2.03 million tons and 2.93 billion US dollars, up 10.1% and 13.1% year on year respectively. According to the customs data, Cambodia (accounting for 47.9% of the import market share), South Korea (accounting for 10.5%) and China (accounting for 9.4%) are the three main import source markets of Vietnam's rubber. The rubber import volume from the above three markets increased by 15.3%, 13.4% and 50% respectively.


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