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Vietnam’s rubber imports increase by 15.64 percent in December

Vietnam imported US$380.03 million worth of rubber in December 2024, reflecting a 15.64 percent increase compared to November, according to data from Vietnam’s General Department of Customs. Year-to-date imports reached US$3.00 billion.

Cambodia remained the largest supplier, with imports rising by 22.06 percent to US$175.11 million. China and Laos followed, recording significant growth of 28.21 percent and 26.36 percent, respectively. South Korea also showed robust growth, with imports increasing by 19.70 percent to US$29.10 million.

Conversely, imports from Thailand, Taiwan, and Japan declined by 23.88 percent, 21.88 percent, and 21.30 percent, respectively. Russia recorded the highest growth rate, with imports surging 94.93 percent to US$6.42 million. India also saw a notable increase of 31.30 percent, contributing US$4.08 million in December.

See also: Rubber in Vietnam: Industry Overview

Vietnam import data for rubber in December 2024 US$

DecemberNovemberMoMYTD
Total380,030,584328,641,95615.64%3,002,289,957
Other27,944,65527,047,9333.32%294,990,456
Cambodia175,105,224143,454,58522.06%1,119,500,483
China52,800,80741,181,87228.21%410,912,489
Laos37,897,41729,990,92826.36%261,330,581
South Korea29,102,62024,312,08819.70%315,837,560
Thailand12,658,81016,631,017-23.88%168,860,635
Taiwan12,165,97215,573,976-21.88%143,296,284
Japan12,027,29215,281,713-21.30%169,595,864
Indonesia9,828,4398,767,51912.10%55,863,661
Russia6,420,9903,294,08094.93%32,134,785
India4,078,3583,106,24531.30%29,967,159

See also: How to Start an Import Business in Vietnam

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