SUMMARY
 
In Q2/2023, Vietnam's rubber exports were more positive than the previous quarter in terms of volume. The support for Vietnam's rubber exports in Q2 was mainly due to China's remaining positive, and the strong increase compared to the previous quarter of the markets of India, Korea, US, and Turkey.
 
However, accumulated in 6M/2023, export volume still decreased by 2.75%, export value decreased by 23% and average export price decreased by 20.8% compared to the previous year. Except for China, Korea, and Russia, the demand for other markets is still weak, falling sharply compared to 1H-2022. 
 
Industry-wide export volume in Q3 is expected to grow by 70% compared to the previous quarter and up 7%-10% compared to the previous year. However, rubber prices are forecasted to be stable at low levels and unlikely to make a strong breakthrough, as import demand from major markets is still weak.
 
TABLE OF CONTENTS
 
A. GENERAL PERCEPTION

B. WORLDWIDE RUBBER PRICE PERFORMANCE
 
C. THE WORLD'S RUBBER SUPPLY

D. EXPORT SITUATION
Export overview
Export market
Evolution of Vietnam's rubber exports to each market
Import demand of some markets & Market share of Vietnamese rubber
Structure of export categories
 
E. IMPORT SITUATION
 
F. SALES OF TOP RUBBER EXPORTING ENTERPRISE 5M/2023
 
G. INFORMATION ON SOME HUGE EXPORT ORDERS IN MAY 2023