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Vietnam’s rubber export earnings down in January-August

HANOI, Sept. 11 (Xinhua) — Vietnam exported 867,000 tons of rubber worth over 1.2 billion U.S. dollars between January and August, up 7.9 percent in volume but down 12.1 percent on-year in value.

China remained Vietnam’s biggest rubber export market in the eight-month period, tailed by India and Malaysia, according to the Vietnamese Ministry of Industry and Trade on Tuesday.

In the period, Vietnam imported some 384,000 tons of rubber worth 705 million U.S. dollars, up 11.9 percent in volume but down 1.4 percent in value.

Vietnam sold overseas nearly 1.4 million tons of rubber valued at roughly 2.3 billion U.S. dollars in 2017, seeing respective year-on-year rises of 11.4 percent and 36 percent.

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