July 11, 2025 | 04:52 GMT +7
Hotline: 0913.378.918
July 11, 2025 | 04:52 GMT +7
Hotline: 0913.378.918
A worker collects rubber latex in Binh Long Rubber Ltd Company in the central province of Bình Phuoc. Photo: Thanh Son.
According to China Customs, in the first two months of this year, China spent US$1.87 billion importing rubber, marking an increase of 13.8 per cent compared with that of the same period last year.
Particularly, China spent US$ 433.97 million importing rubber from Vietnam in the first two months of this year. The sum is 65.1 per cent higher than that of the same period last year.
Vietnamese rubber now accounts for 23.18 per cent of the total value of imported rubber in China while Thailand – China’s biggest rubber supplier - gains 29.29 per cent of China’s rubber import value.
While China imported more rubber from Vietnam in the first two months of 2021, it reduced rubber importation from Thailand.
In the first two months of this year, rubber shipments from Thailand to China cost $548 million, marking a decline of 17.4 per cent compared with that of the same period last year.
According to the General Department of Việt Nam Customs, in the first quarter of this year, Vietnam exported 290,000 tonnes of rubber to China, marking an increase of 103.1 per cent in volume and 128 an increase of 128 per cent in value.
(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.
