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Vietnam is aiming rubber exports reached $ 4.5 billion

( Update: 31/10/2013 )

Vietnam Rubber Association (VRA), said rubber exports of Vietnam will be worth about $ 4.5 billion in 2013, higher than the 4.26 billion dollars in 2012. 
 
On the natural rubber market in the world, Vietnam is the country's fifth-largest producer and fourth largest exporter after Thailand, Indonesia and Malaysia. With the goal of increasing natural rubber production to 1.2 million tons in 2020, Vietnam is promising more empowering.
 
According to the VRA, the Vietnam Rubber products such as tires, rubber parts, shoe soles, gloves, just t-shirts, belt, rubber hose, medical rubber, latex ... had impressive growth in the 5 years from 2007 to 2012 was 37.2% / year and in 2012 increased 20.1% over the previous year and reached $ 1.8 billion. 
 
Rubber export price average since the beginning of the year was $ 2,393 / ton, down 17.68% compared to the same period last year. Vietnam rubber Currently ranked 8th in the number of export items of Vietnam's largest after textiles, phone, oil, electronic products, footwear, seafood and machinery. 
 
Also according to the Vietnam Rubber Association, in 2012, Vietnam has become a producer of natural rubber 5th largest in the world with 836 600 tonnes of rubber plantation area is 910 500 ha. Vietnam is ranked No. 4 in the export value of natural rubber in the world, accounting for 10.6% world market in 2012. Yield of Vietnam rubber stood at about 1.7 tons of latex / ha, worth 105 million, ranking third after India and Thailand.
 
According to Hien Nhi - http://vietstock.vn/