Introduction

To help global large petrochemical enterprises, chemical groups, coal chemical enterprises, and bulk chemical traders efficiently expand into the Vietnamese market, CRI releases the “Vietnam Neoprene Import Guide 2023-2026.” The guide provides an overview of the Vietnamese Neoprene industry, import market, and import company information for the period.

The types of importing companies are diverse, including adhesive and adhesive manufacturers, rubber product manufacturers, wire and cable manufacturers, multinational distributors, and chemical traders. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).

The publication of the “Vietnam Neoprene Import Guide 2023-2026” aims to provide global synthetic rubber exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of market trends in Vietnam, mitigate potential risks and enhance their international competitiveness.

Industry Overview

Neoprene is a vital type of specialty synthetic rubber, distinguished by its excellent resistance to oil, weathering, flame, and aging. It is widely utilized across various sectors, including adhesives, industrial rubber products, wire and cable sheathing, sealing materials, waterproofing materials, and automotive components.

With the continued development of Vietnam’s manufacturing industry, especially the expansion of the building materials, auto parts and electronic cable industries, the demand for neoprene rubber in the local industrial system is gradually increasing.

For a long time, Vietnam’s rubber industry has centered on the cultivation and processing of natural rubber, securing a prominent position among global natural rubber-producing nations. However, regarding high value-added products such as synthetic rubber, Vietnam’s petrochemical industry base remains relatively weak; currently, it lacks large-scale neoprene production facilities.

The adhesives and rubber products industries constitute the primary consumption sectors for chloroprene rubber. As a major global hub for footwear and furniture manufacturing exports, Vietnam hosts a significant number of domestic and international producers of footwear adhesives and industrial adhesives, resulting in a relatively stable demand for chloroprene rubber.

Overall, Vietnam’s chloroprene rubber industry is currently in a demand-driven phase of development. Domestic production capacity remains insufficient, and the market relies primarily on imports to meet the needs of downstream manufacturing sectors.

In the future, as Vietnam’s petrochemical industry gradually develops and its manufacturing sector continues to expand, the market size for chloroprene rubber is expected to grow steadily. However, in the medium to short term, imports will remain the primary source of neoprene supply in Vietnam.

Import Market Overview

Vietnam exhibits a high degree of reliance on neoprene imports.

According to CRI analysis, Vietnam possesses limited domestic neoprene production capacity and currently lacks large-scale industrial production facilities; consequently, market supply relies primarily on imports to meet the demands of the manufacturing sector. In recent years, driven by the growth of Vietnam’s manufacturing industry and infrastructure development, demand for high-performance rubber raw materials in downstream application sectors has expanded further, resulting in a steady upward trend in import volumes.

According to CRI statistics, approximately 68 buyers in Vietnam imported neoprene in 2024, totaling US$ 19.63 million, an increased of 3.2%. In 2025, Vietnam’s total neoprene imports reached US$ 17.12 million.

China is Vietnam’s the largest sources for neoprene imports.

According to CRI analysis, China, Japan, Taiwan and South Korea were the top four sources of Vietnam’s neoprene imports, accounting for approximately 55.5% , 22.0%, 8.4% and 6.4% of total imports respectively in 2025.

CRI predicts that imports of chloroprene rubber will maintain steady growth as footwear, building materials, auto parts, and industrial manufacturing continue to expand.

Overview of Foreign Investment in Vietnam’s Neoprene Industry

Investment Background

In recent years, Vietnam has gradually emerged as a key manufacturing hub in Southeast Asia. Industries such as footwear, auto parts, wires and cables, building waterproofing materials, and industrial rubber products continue to develop, and these industries all require high-performance synthetic rubbers such as chloroprene rubber as key raw materials.

However, Vietnam’s domestic petrochemical industry base remains relatively limited. Its synthetic rubber production capacity is insufficient, and market supply relies primarily on imports.

Consequently, the Vietnamese government encourages foreign investment in the petrochemical and chemical materials sectors. This provides a favorable industrial backdrop for foreign-funded enterprises seeking to invest in the fields of chloroprene rubber and related chemical materials.

Investment Advantages

1. Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people’s livelihoods.

2. Relatively low labor costs.

3. Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.

4. Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.

5. Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.

Investment Regulations

According to the Law on Investment of Vietnam and other relevant regulations, the sale of chemical products in Vietnam is not classified as a sector restricted or prohibited for foreign investment. Foreign-invested enterprises can enter the market by establishing wholly foreign-owned enterprises or joint ventures. When engaging in the production or trading of chemical products, enterprises are required to complete investment registration and business registration procedures, as well as comply with Vietnamese regulations regarding chemical management, product quality standards, and production safety.

Guide Highlights:

Comprehensive Coverage:

This directory includes major importers in Vietnam, including adhesive and adhesive manufacturers, rubber product manufacturers, wire and cable manufacturers, multinational distributors, chemical traders, etc.

Detailed Information:

Including basic information of the TOP10 importers, contact information, import quantity, import value, price, import source and main suppliers.

Product Focus:

With data-driven and market-oriented approach, we focus on key industries and conduct in-depth analysis of Vietnam’s import policies, market demand and major sources of imports. Whether you are a foreign trade company, an investment institution, or a practitioner upstream or downstream of the industrial chain, you can quickly find reliable information and practical strategies here.

Efficient Connectivity:

The guide has a clear format and includes Excel data, which facilitates quick screening, group management and batch contact, helping global suppliers to efficiently connect with the Vietnamese market.

Market Value:

The guide includes an overview of Vietnam’s  neoprene industry, an overview of the import market, and a brief analysis of market demand trends, helping global suppliers seize the Vietnamese market and opportunities.

Table of Contents

1 Industry Overview

1.1 Industry Definition and Classification

1.2 Current Status of the Vietnamese Neoprene Industry

1.2.1 Supply Situation of the Vietnamese Neoprene Industry

1.2.2 Downstream Market Demand Situation of the Vietnamese Neoprene Industry

1.3 Overview of Foreign Investment in the Vietnamese Neoprene Industry

2 Import Market Overview

2.1 Import Scale of Neoprene in Vietnam

2.2 Major Import Sources of Neoprene in Vietnam

3 Overview of Importers (2023-2026)

3.1 Importers Overview of Neoprene in Vietnam (2023)

3.1.1 Total Scale of Importers

3.1.2 Top 5 Importers

3.2 Importers Overview of Neoprene in Vietnam (2024)

3.2.1 Total Scale of Importers

3.2.2 Top 5 Importers

3.3 Importers Overview of Neoprene in Vietnam (2025)

3.3.1 Total Scale of Importers

3.3.2 Top 5 Importers

3.4 Importers Overview of Neoprene in Vietnam (2026)

3.4.1 Total Scale of Importers

3.4.2 Top 5 Importers

4 List of the Top 10 Importers in 2026

4.1 Company 1

4.1.1 Introduction to Company 1

4.1.2 Import Status of Company 1, 2023-2026

4.2 Company 2

4.2.1 Introduction to Company 2

4.2.2 Import Status of Company 2, 2023-2026

4.3 Company 3

4.3.1 Introduction to Company 3

4.3.2 Import Status of Company 3, 2023-2026

4.4 Company 4

4.4.1 Introduction to Company 4

4.4.2 Import Status of Company 4, 2023-2026

4.5 Company 5

4.5.1 Introduction to Company 5

4.5.2 Import Status of Company 5, 2023-2026

4.6 Company 6

4.6.1 Introduction to Company 6

4.6.2 Import Status of Company 6, 2023-2026

4.7 Company 7

4.7.1 Introduction to Company 7

4.7.2 Import Status of Company 7, 2023-2026

4.8 Company 8

4.8.1 Introduction to Company 8

4.8.2 Import Status of Company 8, 2023-2026

4.9 Company 9

4.9.1 Introduction to Company 9

4.9.2 Import Status of Company 9, 2023-2026

4.10 Company 10

4.10.1 Introduction to Company 10

4.10.2 Import Status of Company 10, 2023-2026

5 Suggestions of Investment and Cooperation

5.1 Investment Suggestions

5.2 Cooperation Suggestions

List of Chart

Chart 2023-2026 Neoprene Market Size in Vietnam

Chart 2023-2026 Neoprene Import Market Size in Vietnam

Chart 2023-2026 Major Import Sources of Vietnam’s Neoprene

Chart 2023 Neoprene Import Companies and Total Import Value

Chart 2024 Neoprene Import Companies and Total Import Value

Chart 2025 Neoprene Import Companies and Total Import Value

Chart 2026 Neoprene Import Companies and Total Import Value

Chart List of the Top 10 Importing Companies in 2026

Chart Company 1 Profile

Chart Import Scale of Company 1, 2023-2026

Chart Major Import Sources of Company 1, 2023-2026

Chart Major Suppliers of Company 1, 2023-2026

Chart Company 2 Profile

Chart Import Scale of Company 2, 2023-2026

Chart Major Import Sources of Company 2, 2023-2026

Chart Major Suppliers of Company 2, 2023-2026

Chart Company 3 Profile

Chart Import Scale of Company 3, 2023-2026

Chart Major Import Sources of Company 3, 2023-2026

Chart Major Suppliers of Company 3, 2023-2026

Chart Company 4 Profile

Chart Import Scale of Company 4, 2023-2026

Chart Main Import Sources of Company 4, 2023-2026

Chart Main Suppliers of Company 4, 2023-2026

Chart Company 5 Profile

Chart Import Scale of Company 5, 2023-2026

Chart Main Import Sources of Company 5, 2023-2026

Chart Main Suppliers of Company 5, 2023-2026

Chart Company 6 Profile

Chart Import Scale of Company 6, 2023-2026

Chart Main Import Sources of Company 6, 2023-2026

Chart Main Suppliers of Company 6, 2023-2026

Chart Company 7 Profile

Chart Import Scale of Company 7, 2023-2026

Chart Main Import Sources of Company 7, 2023-2026

Chart Main Suppliers of Company 7, 2023-2026

Chart Company 8 Profile

Chart Import Scale of Company 8, 2023-2026

Chart Major Import Sources of Company 8, 2023-2026

Chart Major Suppliers of Company 8, 2023-2026

Chart Company 9 Profile

Chart Import Scale of Company 9, 2023-2026

Chart Major Import Sources of Company 9, 2023-2026

Chart Major Suppliers of Company 9, 2023-2026

Chart Company 10 Profile

Chart Import Scale of Company 10, 2023-2026

Chart Major Import Sources of Company 10, 2023-2026

Chart Major Suppliers of Company 10, 2023-2026

The post Vietnam Neoprene Import Guide 2023-2026 first appeared on CRI Report.