May 14, 2025 | 17:36 GMT +7

  • Click to copy
Sunday- 09:53, 06/03/2022

Vietnam is the third largest supplier of rubber to India

(VAN) Vietnamese rubber imports to India surged significantly in 2021, putting Vietnam the market's third-largest rubber supplier.
Vietnam is the third-largest rubber supplier to India. Photo: TL.

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.

Author: Son Trang

Translated by Linh Linh

Japan's push to lower rice prices coming in baby steps

Japan's push to lower rice prices coming in baby steps

(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.

U.S. tariff shock: What should Vietnamese businesses do?

U.S. tariff shock: What should Vietnamese businesses do?

(VAN) U.S. tariffs are not only a 'shock', but also an opportunity for Vietnamese businesses to renew their mindset toward comprehensive development.

Bac Giang lychee enters season: Minister expects a breakthrough in exports

Bac Giang lychee enters season: Minister expects a breakthrough in exports

(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.

‘Not a surprise’: what’s behind Australia’s egg shortage, and is it here to stay?

‘Not a surprise’: what’s behind Australia’s egg shortage, and is it here to stay?

(VAN) Consumers have shown a preference for free-range eggs, but those farming systems are more vulnerable to biosecurity risks like bird flu.

Vietnamese eel conquers many markets

Vietnamese eel conquers many markets

(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.

‘Without professionalization, the U.S. market could become a growth bottleneck’

‘Without professionalization, the U.S. market could become a growth bottleneck’

(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.

Delegated disease surveillance for bird’s nest production: A crucial step towards export growth

Delegated disease surveillance for bird’s nest production: A crucial step towards export growth

(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.

Read more