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Vietnam’s rubber exports rise by 2.58 percent in December

Vietnam’s rubber exports increased by 2.58 percent in December compared to November, reaching US$452.66 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s rubber exports total US$3.42 billion for 2024.

The rise in exports was driven by strong growth in shipments to Canada, Germany, and the Netherlands, which increased by 463.88 percent, 289.63 percent, and 336.32 percent, respectively. Exports to Malaysia, India, and Brazil also showed positive growth, increasing by 71.35 percent, 59.10 percent, and 35.10 percent, respectively.

However, some markets experienced a decline. Exports to France, Italy, and Argentina dropped by 68.58 percent, 47.17 percent, and 37.80 percent, respectively.

See also: Footwear Manufacturing in Vietnam

Vietnam rubber exports, December 2024, US$

DecemberNovemberMoM2024
Total452,657,899441,260,2082.58%3,419,502,445
Other7,553,65113,322,770-43.30%144,848,979
China367,745,926368,747,813-0.27%2,442,970,072
Malaysia13,426,6857,836,04771.35%56,164,624
India10,329,8536,492,79359.10%211,899,164
Indonesia8,710,4866,268,58538.95%50,005,777
South Korea6,205,2817,573,672-18.07%76,248,179
Turkey5,380,1344,265,00326.15%43,877,800
Germany4,597,0651,179,865289.63%60,735,891
USA4,357,2735,724,592-23.89%51,600,526
Taiwan4,208,2355,187,131-18.87%50,129,434
Russia3,781,7523,170,23819.29%45,416,077
Sri Lanka3,209,4812,325,06938.04%40,880,677
Brazil2,918,7762,160,48635.10%26,248,514
Japan2,761,5523,108,612-11.16%21,781,298
Canada2,433,485431,563463.88%13,131,942
Pakistan2,393,6581,182,890102.36%16,026,169
Spain647,804503,95328.54%17,718,356
Mexico618,030498,60823.95%5,644,243
Netherlands545,171124,947336.32%14,259,816
Italy486,376920,576-47.17%21,932,302
Belgium347,225234,99547.76%7,982,605

See also: How to Start an Export Business in Vietnam.

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