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Thailand becomes world’s top rubber exporter

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.
Thailand becomes world’s top rubber exporter ảnh 1Illustrative image (Photo: AP)

Hanoi (VNA) - Thailandtopped 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 billionUSD), 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 thisyear’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 naturalrubber and rubber products, he added.

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

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

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

VNA

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