Tire Vietnam Expo is the most important and exclusive tire and rubber event in Vietnam. With 100 exhibitors and 3,500 visitors from 25 countries, Tire Vietnam Expo features exhibits from many of the world's most important suppliers to the tire manufacturing industry as well as an important conference program, making it an industry event not to be missed. The event is a must-see. Visitors, exhibitors and conference delegates will enjoy unparalleled networking opportunities in the tire manufacturing industry.
Vietnam Tire Market
In 2017, China's tire exports generated $920 million in revenue, up 44.2% from 2016.In 2017, local tire production achieved a trade surplus of $564 million, twice as much as in the previous year. The highest export revenue was generated by passenger car tires, which accounted for $591.5 million (64.3%), followed by truck tires at $146.2 million (1,59%), motorcycle tires at $77 million (84%) and bicycle tires. 6.4 million (6.6%). The country's top 10 tire exporters include two domestic companies: Southern Rubber Industries JSC (Casumina) and Da Nang Rubber Company (RRC). China, India and Malaysia are the top three rubber consuming markets in Vietnam. Their market shares are 58.1%, 7.5% and 4.6% respectively.China is the main importer of raw rubber in Vietnam, accounting for about 60% of Vietnam's total rubber exports, of which 70% of natural rubber is used for tire manufacturing.Vietnam has 971,600 hectares of rubber and produced more than 1.08 million tons of latex in 2017, accounting for 8.3% of the world's total 8.3% of the total production.
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