Southeast Asia is widely known as the world’s largest region for rubber plantations, with Thailand, Indonesia, Vietnam, and Malaysia accounting for nearly 80% of the global natural rubber output. Thanks to their potential, the region has received a lot of attention from foreign investors for sourcing activities.
This article is part one of a two-part series and will cover some important information for companies to consider when thinking about sourcing rubber products in the two largest markets in the world, Thailand and Indonesia.
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Answer:
Southeast Asia is widely known as the world’s largest region for rubber plantations, with Thailand, Indonesia, Vietnam, and Malaysia accounting for nearly 80% of the global natural rubber output. Thanks to their potential, the region has received a lot of attention from foreign investors for sourcing activities.
This article is part one of a two-part series and will cover some important information for companies to consider when thinking about sourcing rubber products in the two largest markets in the world, Thailand and Indonesia.
Explanation:
RESOURCES;
https://www.asiaperspective.com/rubber-manufacturing-thailand-indonesia/