Vietnam's Rubber Export Expected to Surpass 11 Billion USD in 2025
According to the Vietnam Rubber Association (VRA), the rubber industry is expected to experience significant growth in 2025, with export revenue predicted to increase by 10% annually, exceeding 11 billion USD. This optimistic forecast is driven by the growing demand for rubber products globally, particularly in the automotive and manufacturing sectors. With the industry's continued expansion, Vietnam is poised to become a leading player in the global rubber market, with key products including natural rubber and synthetic rubber. The VRA's prediction is a testament to the country's commitment to developing its rubber industry, which is expected to drive economic growth and create new opportunities for businesses and investors. Key sectors such as tire manufacturing and rubber production are expected to benefit from this growth.
