Natural Rubber Export from Vietnam – Market Share of Rubber Companies

03 October 2018
Natural Rubber Export from Vietnam

Vietnam is a major exporter of natural rubber and exports worth USD 1137 million in 2017. China is the largest natural rubber export partner of Vietnam with 15% share value. Our report reveals that there are more than 230 active natural rubber exporters in Vietnam and top five exporting companies worth one-third value of the total exports. Natural rubber comes under HS Code 4001 in the global business. Export Genius has released a market research report on natural rubber export from Vietnam during 2017 which is analysed on the basis of various data segments. Our report will help you to find out the answers of following questions that will help you take progressive decisions in your business. Let’s check here.


             ·         Who are the largest natural rubber suppliers in Vietnam?

             ·         What are the market share of Vietnam natural rubber export companies?

             ·         Which are the top export partners of Vietnam’s natural rubber?

             ·         Which global companies are purchasing natural rubber from Vietnamese exporters?

             ·         What are the market price and quantity of Vietnam natural rubber exports?


Vietnam Natural Rubber Export Statistics 2017


Vietnam natural rubber export data showed that the country has recorded lowest export sales in April with the value of 4.49% while the highest export sales were recorded in November with 12.58% value of the total exports during 2017. If we analyse the report by quarter, the second quarter of the year worth lowest exports with 17.67% value and third quarter recorded highest exports with 30.96% share of the total value. Let’s check the month wise analysis of Vietnam natural rubber exports in 2017.


 

Month

Value (%)

January

5.95

February

8.36

March

8.37

April

4.49

May

5.18

June

8.00

July

10.57

August

8.98

September

11.41

October

7.31

November

12.58

December

8.80

 

List of Natural Rubber Exporters in Vietnam


According to Vietnam natural rubber export report, there are more than 230 exporters are supplying natural rubber to the foreign companies. The top ten Vietnamese exporting companies recorded approximately half export sales of the total value in 2017. Ltd Contact British Rubber Production is the largest natural rubber exporter in Vietnam which worth 9.73% value of the total exports and this company has exported to almost all of the export markets. Here, we are providing market share of Vietnam natural rubber export companies recorded during 2017.


 

Vietnamese Exporter

Share Value (%)

Ltd Contact British Rubber Production

9.73%

Company Limited Dau Tieng Rubber

9.02%

Investment Joint Stock Company Vietnam Rubber

6.32%

Rubber Joint Stock Company Vietnam Phu Thinh

4.92%

Ltd Rubber Advantage

4.38%

 

Top Five Natural Rubber Export Markets of Vietnam


Vietnam export statistics showed that the country is supplying natural rubber to over 80 countries around the world including China, Malaysia, Italy, South Korea, Taiwan, Germany, USA, and Turkey etc. Vietnam half of the natural rubber is only exported to its top five export markets. China is its top natural rubber export partner which worth 15.23% value and around 80 Vietnamese rubber companies are exporting to China only. Check share values Vietnam’s top five natural rubber export partners recorded during 2017.


 

Country

Share Value (%)

China

15.23

Malaysia

12.47

Italy

8.51

India

7.93

South Korea

7.14

 

Natural Rubber Industry in Vietnam


Vietnam Rubber Association revealed that the country currently ranks third in natural rubber production and export. The main product of Vietnam rubber industry is natural rubber and most of the exploited output is used for exporting. Vietnam still imports a large quantity of rubber raw materials due to the poor quality of processed rubber, despite being the third largest rubber exporter in the world. The volume of natural rubber consumed domestically is low, accounting for only 20% of total natural rubber output in the country. It is mainly consumed in tires manufacturing industry for heavy goods vehicle, bikes and product using latex. Vietnam Rubber Group alone produced over 250,000 tonnes of rubber latex and earned revenue of USD 936 million, and provides technical, advisory, and consultancy services to the rubber industry.


How to Get Vietnam Natural Rubber Export Data and Report?


The market research report on Vietnam natural rubber exports is analysed on the basis of HS Code, product description, value, quantity, Vietnams’ suppliers, foreign buyers, loading & unloading port and much more data segments. For your reference, here is the sample of Vietnam natural rubber export data.


Date

30 December 2017

Vietnam Export Company

Ltd Contact British Rubber Production

Importer Company

Qingdao Huixin International Trade Co LTD

HS Code

40012190

Product Description

Natural rubber has the technical SVR 3L

Quantity

100.8 tons

Value

USD 153216

Origin Country

Vietnam

Destination Country

China

Loading Port

Cat Lai Port

Unloading Port

Xiamen

 

Apart from Vietnam customs data with shipment records, we also provide market research reports on product specifications. For instance, we provide the customized report on Vietnam exports of natural rubber, which includes analysis of the country’s rubber market. It is not easy to find genuine overseas buyers and to boost your business in the global market. All the solutions related to business growth will be available in our market research report. We collect export data of natural rubber from Vietnamese customs, which is based on shipping bills, invoices, export bills and other operational documents required in import export business. We track every shipment of tablet computers that departs from Vietnamese ports via sea, air & road.


To buy our market research data and report, email at info@exportgenius.in


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