Reversing losses suffered in the first four months of 2023, Vietnam registered positive growth in rubber exports for both volume and value in May 2023.
Vietnamese rubber exports in May 2023 amounted to 110,000 tons valued at US$149 million, which marks a 25% rise in volume and a 23% rise in value month-on-month. The escalating Chinese imports driven up by an increased economic activity is the main contributor to such a growth. Compared to May 2022, the exports in May 2023, however, decreased
What is covered in the Full Insight:
Introduction
Export Performance in May 2023
Challenges and Constraints
Sustainability Efforts
Conclusion
SUMMARY
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