Vietnam earns less from exporting more rubber in 10 months

HANOI, Nov. 12 (Xinhua) -- Vietnam exported over 1.2 million tons of rubber worth nearly 1.7 billion U.S. dollars between January and October, up 13.4 percent in volume but down 7.6 percent year-on-year in value.

China remained Vietnam's biggest rubber export market in the 10-month period, followed by India and Malaysia, according to the Vietnam Rubber Association on Monday.

Meanwhile, Vietnam imported 501,000 tons of rubber worth 917 million U.S. dollars, up 12 percent and 2 percent, respectively.

Vietnam sold overseas nearly 1.4 million tons of rubber valued at roughly 2.3 billion U.S. dollars in 2017, seeing respective year-on-year rises of 11.4 percent and 36 percent.