In the first 8 months of 2024, rubber exports will reach about 1.12 million tons, worth 1.76 billion USD, down 7.2% in volume, but up 8.4% in value compared to the same period in 2023.
According to preliminary data from the General Department of Customs, Vietnam's rubber exports in August 2024 reached about 209,726 tons, worth nearly 345 million USD, up 12.7% in volume and 12.0% in value. Price compared to July 2024. The average rubber export price is at 1,637 USD/ton, down about 1.1% compared to July 2024, but up about 26.8% compared to August 2023.
Accumulated in the first 8 months of 2024, rubber exports will reach about 1.12 million tons, worth 1.76 billion USD, down 7.2% in volume, but up 8.4% in value compared to the same period in 2023. .
With the results achieved in the first 8 months of 2024, rubber exports for the whole year 2024 are forecast to reach about 3-3.5 billion USD, an increase of 200-400 million USD compared to 2023.
According to information from the Import-Export Department (Ministry of Industry and Trade), in the first 7 months of 2024, HS 400280 product is still the most exported product in our country, accounting for 55.3% of the country's total rubber exports. with 504.8 thousand tons; The value reached 781.2 million USD, down 23.2% in volume and 12.7% in value compared to the same period in 2023.
Regarding export prices, in the first 7 months of 2024, the average export price of most rubber types increased sharply compared to the same period in 2023 such as: RSS1 increased by 26.9%; Latex increased by 26.3%; Skim block increased by 25%; RSS3 increased by 23%; SVR 10 increased by 18.9%; SVR 5 increased by 18.7%; SVR CV50 increased by 18.3%...
