The "Vietnam Passenger Car Tires Export Research Report 2024-2033" reveals that Vietnam's passenger car tire exports reached USD 860 million in 2023, with a cumulative export value of nearly USD 400 million from January to May 2024.
The report highlights Vietnam's competitive advantage in the global market, driven by its status as a major natural rubber producer and advancements in tire manufacturing technology. With strong international demand and support from the government, the export of passenger car tires is expected to continue its upward trajectory, benefiting from Vietnam's participation in free trade agreements and increasing local production capacity.
Citations:
[1] https://www.globenewswire.com/news-release/2024/09/24/2952340/0/en/Vietnam-Passenger-Car-Tires-Export-Research-Report-2024-2033.html
[2] https://www.globenewswire.com/news-release/2024/09/19/2949159/0/en/Vietnam-Commercial-Vehicle-Tires-Export-Research-Report-2024-2033.html
[3] https://www.giiresearch.com/report/cri1473012-vietnam-automobile-tire-industry-research-report.html
[4] https://www.fastmarkets.com/insights/surging-exports-of-cheaper-chinese-steel-send-shockwaves-through-ferrous-markets/
[5] https://agmetalminer.com/2024/03/04/india-chinese-imports-steel-prices/
[6] https://www.automotivelogistics.media/trade-and-customs/chinese-finished-vehicle-exports-to-russia-in-jeopardy/45782.article
[7] https://www.scmp.com/economy/global-economy/article/3279649/make-chinese-cars-russia-industry-group-urges-manufacturers-import-costs-mount
[8] https://english.news.cn/20240122/0303a59777944bf0b8b1fa2eab07722d/c.html