Slow start: Latex from a rubber tree being collected in a container in Dau Tieng. Vietnam’s rubber exports experienced mixed outcomes in the first 11 months of the year with a 6% decline in volume but a 17.1% surge in value compared to 2023. — AFP
HANOI: All of Vietnam’s rubber’s top 15 export markets saw growth in export values in 2024, with Malaysia recording the highest increase, expanding fivefold, followed by Sri Lanka at 3.7 times, according to the Vietnam Rubber Association (VRA).
China, despite showing the lowest growth rate at 1.5%, remained Vietnam’s largest export market for rubber, accounting for 67.6% of the total market share.
