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[Industry News]: Vietnam's natural rubber continues to be popular in the Korean market, and its export volume has increased significantly

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March 28, 2024, 8:41 AM

Recently, the performance of Vietnam's rubber industry in the global market has attracted widespread attention. According to the latest data released by the General Administration of Customs of Vietnam, in February this year, Vietnam's rubber exports to South Korea reached 8200 tons, and the export value climbed to 12.77 million US dollars, achieving 61.7% and 60.3% respectively compared with the same period last year. significant growth. Against this background, South Korea has firmly become Vietnam's third largest export market for rubber. It is worth mentioning that Vietnam's rubber exports to South Korea are mainly natural rubber, and the average export prices of all types of rubber have shown an upward trend. This has undoubtedly brought more lucrative profits to Vietnam's rubber industry and further consolidated its position in the global rubber market.