
VIETNAM BECOME A SUPPLIER OF RUBBER FOR INDIA
According to the Ministry of commerce of India, in The first 2 months of the year 2022, India imported rubber from Vietnam 26,16 thousand tons, worth $ 52,09 million, up 45.4% of the volume and increase of 59% in value compared with the same period last year 2021.
Rubber imported from Vietnam accounted for 13.2% of the in total quality rubber import of India, a sharp increase compared with 8.9 percent in the same period last year 2021. And with a market share as on Vietnam is the market offers largest rubber for India.
2021, Vietnam market is the 3rd largest on the supply rubber in to India (of weight) after Indonesia and south Korea.
In the category of natural rubber, Vietnam market is also largest supplier for India in the first 2 months of year 2022 with 26,06 thousand tons, worth 51,89 million, an increase of 46.9 percent in volume and increase 61,4% in value compared with the same period last year 2021. The share of natural rubber in Vietnam in total imports of Indian occupied 26,9%, a sharp increase compared to the 23,5% of the same period last year 2021.