Vietnam's rubber exports to Malaysia soar, boosting revenue despite a drop in overall volume.

Vietnam's rubber exports to Malaysia have surged, with a 349% increase in volume and 405% rise in value year-on-year from January to October. This makes Malaysia Vietnam's second-largest export market by volume and third by value. Despite a decline in overall export volume, Vietnam's rubber export revenue is expected to reach between $3 billion and $3.5 billion this year, up from $2.8 billion in 2020, due to higher prices.

November 18, 2024
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