Thailand becomes world’s top rubber exporter | ASEAN | Vietnam+ (VietnamPlus)

Thursday, September 21, 2023 - 16:37:28

Thailand becomes world’s top rubber exporter hinh anh 1

Illustrative image (Photo: AP)

Hanoi (VNA) - Thailand topped the list of rubber exporting countries in the first half of this year, with shipments of 2.19 million tonnes valued at 70.5 billion THB (2 billion USD), Advisor to Minister of Agriculture and Cooperatives Alongkorn Ponlaboot revealed on August 12.

He cited data from the Rubber Authority of Thailand as saying that this year’s total export of natural rubber is expected to reach 4.27 million tonnes, up 3.41% from last year.

In the first half, Thailand exported 167.2 billion THB worth of natural rubber and rubber products, he added.

Almost half of the exports went to China, which is the largest market for Thailand’s rubber and rubber products, according to him.

Malaysia was second on the list with 10%, followed by the US (7%), Japan (6%), and the Republic of Korea (4%).

The Rubber Authority of Thailand estimated that Thai rubber production this year will total 4.79 million tonnes, up 0.88% from last year./.

VNA

rubber exporting countries Vietnamplus Vietnam News Agency Advisor to Minister of Agriculture and Cooperatives Alongkorn Ponlaboot Rubber Authority of Thailand Related stories Thailand

You should also see

Vietnam narrows development gap in remote, mountainous areas

Vietnam narrows development gap in remote, mountainous areas

One of the social equity achievements that Vietnam has made during the first half of the 13th National Party Congress’s tenure is the progress in poverty reduction and narrowing the development gap in remote and mountainous areas where ethnic minority groups predominantly reside.

Golden Bridge in Da Nang among world’s most iconic bridges

InfographicGolden Bridge in Da Nang among world’s most iconic bridges

NA Standing Committee’s 24th session wraps up

NA Standing Committee’s 24th session wraps up

Green development, energy transition are inevitable trends: PM

Green development, energy transition are inevitable trends: PM

See more

56th AMM: ASEAN committed to strengthening unity, solidity

56th AMM: ASEAN committed to strengthening unity, solidity

President Joko Widdo of Indonesia, the chair of the ASEAN in 2023, on July 14 affirmed that ASEAN is committed to strengthening the unity and solidity as well as centrality in the regional grouping to guard peace and stability in the region.

AMM-56: ASEAN underlines trust in settling East Sea issue

AMM-56: ASEAN underlines trust in settling East Sea issue

The 56th ASEAN Foreign Ministers' Meeting discussed the situation in the East Sea and expressed concern over land reclamation activities and serious incidents in the region that erode trust, hike tension and potentially undermine peace, security and stability in the area.

Thailand parliament votes for new prime minister

Thailand parliament votes for new prime minister

The Thai parliament convened a joint session on July 13 to vote for a new prime minister who will lead the country’s government in the coming four years.

China strengthens investment in Cambodia

China strengthens investment in Cambodia

The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about 1.1 billion USD in the first half of this year, of which nearly 65% came from Chinese investors.

ASEAN bolsters development of smart, sustainable cities

ASEAN bolsters development of smart, sustainable cities

The Sixth Annual Meeting of the ASEAN Smart Cities Network (ASCN) opened in Bali, Indonesia, on July 12 with the participation of representatives of national and local governments across the region.