HANOI, Dec. 16 (Xinhua/APP): Vietnam’s rubber industry export turnover is expected to reach 11 billion U.S. dollars in 2025, local daily VnEconomy reported Tuesday, citing the Vietnam Rubber Association (VRA).
Exports of processed rubber products were estimated at 5.3 billion dollars. Rubberwood exports topped 3.1 billion dollars, while natural rubber shipments exceeded 3.2 billion dollars.
From January to November, the Southeast Asian country exported about 1.7 million tons of natural rubber worth nearly 2.9 billion dollars, according to the VRA.
The association noted that the Vietnamese rubber industry is projected to grow further during the period of 2026-2030, thanks to the rising demand in the Middle East, India, and Africa, as well as reduced tariffs under free trade agreements and the ongoing shift in supply chains in the Asia-Pacific region.