Vietnam’s rubber exports crossed an unprecedented revenue milestone in 2024, raking in US$3.4 billion — its highest-ever recorded earnings. Despite a 6.2% drop in export volume compared to the previous year, rubber exports experienced an 18.2% surge in value, underscoring the impact of rising global rubber prices.
Highlights
• Vietnam rakes in US$3.4 billion from rubber exports in 2024
• Impressive surge in exports to Malaysia and Europe
• Chinese tire firm undertakes third phase of expansion in Vietnam