RUBBER & TYRE VIETNAM

Information

Vietnam's most important and exclusive Tyre and Rubber event solution
100 EXHIBITORS 25 COUNTRIES 3,500 VISITORS
With exhibits from many of the world's most important suppliers to the tire manufacturing industry plus a major conference programme, Tyre Vietnam Expo is a must-attend industry event. Visitors, exhibitors and conference delegates will enjoy a networking opportunity that is unrivalled within the tire manufacturing sector.

Vietnam’s tyre market
The country earned US$920 million from tyre exports in 2017, up 44.2% from 2016. Local tyre production enjoyed a trade surplus of US$564 million in 2017, doubling the amount gained in the previous year.

Highest export revenue was recorded in the exports of passenger car tyres with US$591.5 million (accounting for 64.3%), followed by truck tyres with US$146.2 million (15.9%), motorbike tyres with US$77 million (8.4%) and bike tyres with US$6.4 million (6.6%).

The top 10 leading tyre exporters in the country included two domestic companies: the Southern Rubber Industry Joint Stock Company (Casumina) and Danang Rubber Company (RRC).

China, India and Malaysia are the three largest rubber consumption markets of Vietnam. They make up market shares of 58.1%, 7.5% and 4.6%, respectively. China is the main importer of Vietnam’s raw rubber, accounting for around 60% of Vietnam’s total rubber exports, with 70% of the natural rubber used for tyre manufacturing

Vietnam was home to 971,600 hectares of rubber which yielded more than 1.08 million tonnes of rubber latex in 2017, accounting for 8.3% of the world’s total production.