Vietnam posted a year-on-year increase of 18% in rubber exports to earn 3.4 billion USD in 2024 despite a 6% decline in volume to 2 million tonnes, primarily driven by high prices.
Vietnam shipped 110,000 tonnes of rubber abroad last month, earning more than 160 million USD, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s rubber export revenue is expected to reach 3.5 billion USD in 2022, and rubber price would rise to 3.8 USD per kg in the second half of the year, experts have said.