Vietnam becomes third largest natural rubber producer globally

Vietnam becomes third largest natural rubber producer globally

Vietnam has surpassed Malaysia and India to become the third largest natural rubber producer in the world, according to the Association of Natural Rubber Producing Countries (ANRPC).

A worker at the Phu Rieng Rubber Company (Photo: VNA)

ANRPC reported that in 2013, Vietnam’s rubber output was estimated to hit 1.043 million tonnes, up 20.8 percent from a year earlier.

The country’s rubber production has for the first time in its history exceeded 1 million tonnes, jumping from the fifth position to the third in the global ranking.

China also climbed to the fourth position from the sixth place with 856,000 tonnes, according to the association.

Malaysia , however, fell to the sixth position from its previous third place after experiencing a drop of 11.1 percent in its production to 820,000 tonnes, said ANRPC.

India also suffered similar decrease to 849,000 tonnes, staying at the fifth position, added the association.

ANRPC data also showed that among the world’s nine largest natural rubber producers, India, Malaysia and Sri Lanka saw drops in production in 2013. Meanwhile, Vietnam and China enjoyed a sharp surge.-VNA

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