Hanoi (VNA) – Vietnam is now the fourth biggest exporter of rubber in the world, after Thailand , Indonesia and Malaysia .
In April, the country fetched 113 million USD from exporting 46,000 tonnes of rubber, recording year-on-year increases of 10.5 percent in revenue and 12.47 percent in volume.
As a result, Vietnam in the first four months of 2008 exported 169,000 tonnes of rubber, earning 405 million USD, down 7.14 percent in volume but up 23.85 percent in revenue over the same period last year.
Vietnamese rubber is now sold to 40 foreign countries and territories. As Vietnam ’s biggest market, China buys over 60 percent of the country’s rubber, followed by Singapore and Republic of Korea .
This year, Vietnam targets to export 780,000 tonnes of rubber to earn 1.5 billion USD.-Enditem
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