Vietnam's rubber exports projected to reach $3.3-3.5B by year-end due to global automobile and tire industry recovery, with China as the largest consumer.
Vietnam's rubber exports are projected to reach 3.3-3.5 billion USD by year's end, according to the Vietnam Rubber Association. This is partly due to the recovery of the global automobile and tire industries, particularly in China. With China as the largest consumer, Vietnam exported 499,000 tons of rubber worth 743 million USD in the first 4 months of 2021, an increase of 6.4% in volume and 14% in value.
May 21, 2024
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