Vietnamese rubber exports rose by nearly 10% of the world's fourth largest producer

According to the Vietnamese "material" recently reported that Vietnam the world's fourth largest rubber producing country, second only to Thailand, Indonesia and Malaysia. Vietnamese rubber exports in 2007 will reach 75-78 million tons, an increase of 7-10%. Of these, 250,000 tons for re-export trade. Vietnam Rubber Association said that in the next 3 years, the Vietnam Rubber production will increase to 700,000 tons in 2010 than now to increase production by 30%. China is Vietnam's biggest rubber importer, China in 2006 accounted for import of Vietnamese rubber Vietnamese rubber exports about 60% of the total. In recent years, the demand for natural rubber prices and greater attention to the Vietnamese government to expand rubber plantation area.

According to the Economist Intelligence agency (EIU) predicted that 2007 will be the world's natural rubber output to grow by 3% for the production of 9,150,000 tons. 4.5 percent growth in 2008, production was 9,560,000 tons.