According to the Customs Department, in August 2025, Vietnam exported 216,649 tons of rubber, valued at 359.3 million USD. This represents an increase of 5.1% in volume and 7.4% in value compared to July. Also, this is an increase of 3.3% in volume and 4.1% in value compared to August 2024.
In the first 8 months of 2025, Vietnam’s rubber exports reached 1.11 million tons, worth 1.98 billion USD, a slight decrease of 0.6% in volume but an increase of 12.6% in value compared to the same period in 2024, thanks to rising prices.
After reaching a one-year low last month, the average export price of rubber increased by 2.2% compared to July 2025 and 0.8% compared to the same period last year, reaching 1,658 USD/ton.
China remains Vietnam’s largest rubber export market, with 158,657 tons, worth 260.23 million USD. This is an increase of 17.9% in volume and 20.7% in value compared to August 2024.
Vietnam is one of the three largest rubber exporters in the world.
In the first 8 months of 2025, rubber exports to this market reached 795,771 tons, worth 1.4 billion USD, representing an increase of 5.9% in volume and 22.3% in value compared to the same period in 2024. In terms of market share, China currently accounts for 71.3% of Vietnam’s total rubber export volume.
India ranks second, with 55,432 tons, a decrease of 42.5% compared to the same period in 2024. Meanwhile, Malaysia became the third-largest market, with 30,239 tons, an increase of 160%.
Notably, Indonesia is significantly increasing its rubber imports from Vietnam, with over 28,000 tons, equivalent to 51.4 million USD. This figure represents a strong 100% increase in volume and a 96% increase in value compared to the same period in 2024. Market share has accordingly increased from 1.3% in 2024 to 2.6% in 2025.
According to the ANRPC, natural rubber prices fluctuated significantly in July 2025 due to various factors, including trade tariffs, geopolitical tensions, and adverse weather conditions affecting production. After a period of low demand and high supply, concerns about potential supply disruptions have driven buying activity.
US President Donald Trump signed an executive order reducing import taxes on Japanese cars from 27.5% to 15%. South Korea is also awaiting a similar agreement to lower import duties on cars from 25% to 15%. Car sales can impact car production and the demand for rubber tires.
According to the General Department of Customs, with increasing demand from China and the recovery of global rubber prices, Vietnam’s rubber exports are expected to improve in the final months of 2025. However, competitive pressure is increasing as Thailand expands its market share in China by exporting shipments with a 0% tariff.