Vietnam’s Rubber Exports to China up 18.4% to 510,245 Tons in 2009

9:52:03 AM | 2/3/2010

Vietnam exported 510,245 tons of rubber worth US$856.7 million to China in 2009, up 18.4% in volume but down 19% in value against previous year, the Ministry of Industry and Trade said.

The figure accounted for 69.8% of Vietnam’s total rubber export volume and helped China remain as the biggest importer of Vietnamese rubber.

Last year, Vietnam raked in US$1.2 billion from exporting 731,393 tons of rubber, down 23.5% in value despite an increase of 11% in volume, on decreases in prices.

Below is the list of Vietnam’s rubber import markets in Dec and 2009

Markets	Dec 2009’s revenues (USD)	2009’s revenues (USD)	Compared to 2008
Total	120,546,214	1,226,857,439	- 23.5
China	142,839,883	856,712,920	- 19
Malaysia	8,317,149	50,293,663	+ 4
Taiwan	10,527,795	47,288,980	- 16.1
South Korea	5,483,803	40,830,659	- 35.4
Germany	5,263,181	38,451,499	- 40
U.S.	41,02,907	28,520,644	- 34.2
Russia	2,429,321	20,830,277	- 4.3
Japan	2,572,881	15,900,209	- 54
Turkey	2,295,368	14,221,431	- 34.1
Italy	1,304,226	12,048,562	- 39.8
Spain	982,618	10,673,171	- 43
India	1,332,402	10,204,527	+ 55.9
Indonesia	1,944,484	9,564,582	+ 0.7
Singapore	193,100	6,430,985	+ 168
Belgium	576,691	4,998,047	- 67
Hong Kong	228,283	3,421,646	- 4.3
UK	501,446	2,860,938	- 59.6
Canada	452,072	2,555,632	- 63.4
Czech	102,715	1,495,270	- 82
Sweden	210,874	990,083	- 75
Ukraine		581,710	- 82.8
Finland		473,681	- 95.4