May 14, 2025 | 17:36 GMT +7
May 14, 2025 | 17:36 GMT +7
Hotline: 0913.378.918
Vietnam is the third-largest rubber supplier to India. Photo: TL.
India imported 1.2 million tons of rubber worth USD 3.75 billion in 2021, up 34.8 percent in volume and 37.5 percent in value year on year.
The five largest rubber suppliers to India were Indonesia, South Korea, Vietnam, Malaysia, and Thailand. Notably, rubber imports from these countries increased in both volume and value in compared to 2020.
Vietnam was the third-largest supplier of rubber to India in 2021, with 125.95 thousand tons worth USD 243.56 million, an increase of 85.9 percent in volume and 142.3 percent in value year on year. Vietnamese rubber contributed 10.5 percent of total rubber imports into India in 2020, a slight rise above the rate of 7.6 percent in 2020.
In terms of natural rubber types, Vietnam ranked second in India's market with 124.19 thousand tons valued at USD 237.35 million, an increase of 84.9 percent in volume and 138.8 percent in value year on year. Vietnam's market share of natural rubber was 23.6 percent of India's total imports in 2021, a significant rise from 17.8 percent in 2020.
Translated by Linh Linh
(VAN) Japan's efforts to lower the price of rice through the release of its stockpile may finally be making some progress, albeit at a snail's pace.
(VAN) U.S. tariffs are not only a 'shock', but also an opportunity for Vietnamese businesses to renew their mindset toward comprehensive development.
(VAN) As Bac Giang lychee enters the harvest season, Minister Do Duc Duy expects that the fruit will contribute greatly to agricultural exports due to standardized production and deep processing.
(VAN) Consumers have shown a preference for free-range eggs, but those farming systems are more vulnerable to biosecurity risks like bird flu.
(VAN) Vietnam’s eel exports nearly doubled thanks to a mud-free farming model, opening up new prospects while still facing numerous barriers related to international standards.
(VAN) Minister Do Duc Duy warned that if production is not professionalized and supply chains are not transparent, the U.S. market could become a growth bottleneck.
(VAN) Delegating surveillance responsibilities to local authorities is a cost-saving and efficiency-boosting measure that removes a key bottleneck for enterprises, according to Director General Duong Tat Thang.