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Rubber exports hit nearly US$2.3 billion

Rubber exports hit a record high of nearly US$2.3 billion in revenues, according to the Vietnam Rubber Association.

 

Rubber exports hit a record high of nearly US$2.3 billion in revenues, according to the Vietnam Rubber Association.

 

On average, each tonne of rubber earns US$3,053, up 94.7 percent in value and 82 percent in price.

 

Rubber has surpassed coffee to rank second only to rice in export value and is also one of the top ten Vietnamese export products.

 

By 2010, Vietnam had 740,000 hectares of rubber plantation with an average annual growth of 7.7 percent.

 

Source: VOVnews

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Agricultural exports to meet targets
Agricultural exports to meet targets

Agricultural export value is likely to meet Government targets for the year but will remain lower than last year, according to the Ministry of Agriculture and Rural Development (MARD).

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