Vietnam's May Rubber Exports Declined

By Siwaporn Bumroongpan

27 May 2010 - Vietnam’s rubber exports for May is estimated about 20,000 tonnes, down 53.5% from the same period in 2009, according to the Government’s General Statistics Office. In terms of value, it is estimated down by 6.2% from US $64 million to US$60 million compared with the same month last year.

For the first 5 months of 2010, Vietnam rubber export is estimated at about 176,000 tonnes, with a value of US $479 million, which up 85.5% in value, but down 4.4% in volume when compared with the same period the previous year.

For the first quarter of the year, Vietnam exported 123,000 tonnes of rubber, valued at US $325 million.

For the month of April, the export was at 32,750 tonnes, worth US $94.14 million, raising the total export volume for Jan-Apr to 155,750 tonnes for total value of US$419.48 million, up 10.6 percent and 5.6 percent, respectively against the same period of 2009. 

(irco.biz)