Vietnam imported US$105.48 million worth of rubber products in December 2024, a 3.16 percent increase compared to November, according to data from Vietnam’s General Department of Customs. Year-to-date imports reached US$1.09 billion.
China was the largest supplier, contributing US$51.37 million, a modest 1.14 percent increase from November. Imports from Thailand and South Korea rose by 11.18 percent and 8.03 percent, respectively. India experienced the largest month-on-month growth, surging by 48.18 percent to US$2.38 million.
Conversely, imports from Germany, Malaysia, and Taiwan declined by 22.48 percent, 14.07 percent, and 5.24 percent, respectively. The USA and Italy also experienced slight decreases of 3.36 percent and 3.95 percent, respectively.
See also: Rubber in Vietnam: Industry Overview
Vietnam import data for rubber products in December 2024 US$
| December | November | MoM | YTD | |
|---|---|---|---|---|
| Total | 105,477,075 | 102,249,246 | 3.16% | 1,089,360,229 |
| Other | 6,493,855 | 5,385,408 | 20.58% | 64,456,874 |
| China | 51,373,946 | 50,792,606 | 1.14% | 511,597,879 |
| Thailand | 11,151,879 | 10,030,842 | 11.18% | 98,089,264 |
| Japan | 10,997,228 | 10,710,238 | 2.68% | 132,628,191 |
| South Korea | 10,749,253 | 9,950,680 | 8.03% | 119,015,912 |
| Taiwan | 3,364,817 | 3,550,755 | -5.24% | 32,452,498 |
| Malaysia | 3,296,496 | 3,836,472 | -14.07% | 42,763,158 |
| India | 2,380,432 | 1,606,430 | 48.18% | 25,600,655 |
| USA | 2,338,079 | 2,419,437 | -3.36% | 25,220,279 |
| Germany | 2,002,820 | 2,583,520 | -22.48% | 22,916,793 |
| Italy | 1,328,270 | 1,382,858 | -3.95% | 14,618,726 |