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Vietnam’s rubber product exports grow slightly in November

Vietnam’s rubber product exports experienced a modest month-on-month increase of 0.7 percent in November, reaching a value of US$110.97 million, according to Vietnam’s General Department of Customs. The year-to-date exports in this category amounted to US$1.11 billion.

The United States remained the leading importer, contributing US$42.48 million in November, marking an 11.37 percent increase from October. Japan followed with imports of US$16.27 million, reflecting a 5.47 percent rise. Meanwhile, exports to Germany grew by 26.86 percent, while Brazil recorded an impressive 55.23 percent surge in imports.

Despite growth in these markets, exports to China declined by 13.99 percent, while shipments to the UK dropped by 35.52 percent, highlighting mixed performances across regions.

The continued demand for Vietnam’s rubber products underlines their importance in the international market.

See also: Footwear Manufacturing in Vietnam

Vietnam rubber product exports, November 2024, US$

NovemberOctoberMoMYTD
Total110,969,835110,206,6730.71,108,318,864
Other10,889,93810,602,2502.71%122,410,891
USA42,476,07938,140,11911.37%387,771,158
Japan16,272,07715,428,2485.47%153,186,674
South Korea8,152,7438,297,315-1.74%90,861,653
China6,726,0137,820,442-13.99%64,263,869
Brazil4,316,7902,780,94355.23%28,304,782
Indonesia2,375,4162,258,4195.18%23,752,161
Germany2,312,2141,822,63826.86%28,984,128
UK2,090,0923,241,432-35.52%29,095,660
Thailand2,033,3111,785,62013.87%20,727,406
Italy2,032,5871,367,80448.60%20,143,255
Australia1,587,2982,421,188-34.44%20,106,635
India1,458,7431,573,064-7.27%16,807,487
Taiwan1,329,8321,978,625-32.79%14,227,487
Malaysia1,213,6881,843,831-34.18%13,256,171
Netherlands1,022,1501,354,078-24.51%12,516,037
Spain990,3052,200,849-55.00%16,282,465
Cambodia882,2951,480,207-40.39%9,194,069
Russia645,734693,057-6.83%6,751,494
Belgium543,3671,098,881-50.55%8,570,122
Turkey524,920461,00013.87%7,112,705
Singapore498,851422,81917.98%4,001,903
Poland236,867404,176-41.40%4,420,210
HongKong144,539241,884-40.24%2,235,902
Bangladesh123,423283,326-56.44%1,369,379
Saudi Arabia90,563204,458-55.71%1,965,161

See also: How to Start an Export Business in Vietnam

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