July 11, 2025 | 10:13 GMT +7
July 11, 2025 | 10:13 GMT +7
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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.
(VAN) Many of Vietnam's Halal-certified agricultural products are set to get a greater presence in the Pakistani market due to enhanced bilateral cooperation and initiatives to facilitate trade.
(VAN) Vietnamese fruit exports are currently concentrated mainly in the Chinese market. However, there are many others where local fruits have the potential to expand.
(VAN) Squid and octopus exports have accelerated since the beginning of the year, with expectations to reach the USD 700 million milestone, driven by recovering demand and positive signals from both traditional and emerging markets.
(VAN) Shrimp export growth in May was positive, but businesses are concerned that the recovery momentum in the second half of the year may stall due to uncertainty surrounding U.S. tax policy.
(VAN) To enable Vietnamese fruits to reach further and enter more markets beyond China, specific solutions in production and market development are needed.
(VAN) Vietnamese rubber products that comply with the EU Deforestation Regulation (EUDR) are currently enjoying favorable market demand.
(VAN) Many farmers in Lam Dong province have gained the confidence to tap into even the most demanding markets by growing dragon fruit in accordance with GlobalGAP standards.