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Vietnam’s rubber products exports rise by 5.92 percent in December

Vietnam’s exports of rubber products increased by 5.92 percent in December compared to November, reaching US$117.54 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s rubber products exports total US$1.23 billion for 2024, reflecting steady demand across key markets and strong performance in regions such as the USA, South Korea, and Germany.

The rise in exports was driven by strong growth in shipments to the USA, which saw a 16.71 percent increase, amounting to US$49.58 million. Exports to South Korea, Germany, and the Netherlands also showed positive growth, with increases of 11.38 percent, 56.34 percent, and 72.72 percent, respectively.

However, some markets experienced a decline. Exports to Brazil, Japan, and China dropped by 43.10 percent, 13.86 percent, and 8.35 percent, respectively.

See also: Footwear Manufacturing in Vietnam

Vietnam rubber products exports, December 2024, US$

DecemberNovemberMoM2024
Total117,542,938110,969,8355.92%1,225,861,802
Other11,326,13411,254,9670.63%138,595,648
USA49,575,81442,476,07916.71%437,275,249
Japan14,017,12416,272,077-13.86%167,203,798
South Korea9,080,7528,152,74311.38%99,929,605
China6,164,1966,726,013-8.35%70,428,066
Germany3,614,8672,312,21456.34%32,598,994
Brazil2,456,2394,316,790-43.10%30,761,021
UK2,187,9742,090,0924.68%31,283,634
India2,105,0151,458,74344.30%18,912,502
Australia1,975,7551,587,29824.47%22,081,900
Spain1,907,791990,30592.65%18,190,256
Thailand1,826,6352,033,311-10.16%22,554,041
Netherlands1,765,4601,022,15072.72%14,281,497
Indonesia1,735,5792,375,416-26.94%25,487,740
Taiwan1,673,9941,329,83225.88%15,901,482
Italy1,536,3942,032,587-24.41%21,679,649
France1,157,9081,254,134-7.67%17,489,958
Malaysia989,3241,213,688-18.49%14,245,094
Cambodia868,264882,295-1.59%10,062,333
Russia856,202645,73432.59%7,607,696
Belgium721,517543,36732.79%9,291,639

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

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