According to data from the Customs Department, in April 2025, Vietnam’s rubber exports reached 71,866 tons, worth 139.46 million USD. This is a decrease of 2.4% in volume but an increase of 18.6% in value compared to the same period.
In the first 4 months of 2025, Vietnam’s rubber exports were 452,504 tons, worth 872.78 million USD. This is a decrease of 7.2% in volume but a strong increase of 20.4% in value compared to the same period in 2024, thanks to high prices. The average export price of rubber was 1,929 USD/ton, an increase of 29.8% compared to the same period last year.
China is the largest rubber export market for Vietnam. Following closely is India, with 19,819 tons, a decrease of 47.5% compared to the same period in 2024. South Korea is the third-largest market, with 12,970 tons, a decrease of 14.7%.
Vietnam is one of the three largest rubber exporters in the world.
Notably, Malaysia unexpectedly increased its rubber imports from Vietnam significantly, with over 12,000 tons, equivalent to 18.5 million USD. This is a sharp increase of 340% in volume and 383% in value compared to the same period in 2024. The market share consequently increased from 0.6% in 2024 to 2.7% in 2025.
In recent years, the rubber area in leading Southeast Asian producing countries such as Thailand and Indonesia has been gradually decreasing as people switch from rubber to other crops that are more profitable.
According to the Vietnam Rubber Association (VRA), Vietnam currently has an area of about 910,000 hectares of rubber with a latex production of 1.3 million tons per year. In terms of exports, Vietnam remains the world’s third-largest rubber exporter.
In 2025, the total export turnover of the rubber industry is expected to exceed 11 billion USD, including natural rubber about 3.5 billion USD, rubber products about 5 billion USD, and rubber wood about 2.5 billion USD.
Although there are many positive signals, rubber prices are still under significant pressure from fluctuations in international trade policies. According to the Import-Export Department (Ministry of Industry and Trade), new tax measures from the US, especially on imported cars, combined with falling crude oil prices and concerns over trade tensions, are causing difficulties for the global rubber market.
However, the market still has some bright spots. China, the world’s largest rubber consumer, is showing clear signs of recovery. According to the National Bureau of Statistics of China, the country’s GDP in the first quarter of 2025 increased by 5.4% compared to the same period last year.
According to the Association of Natural Rubber Producing Countries (ANRPC), the outlook for rubber prices in 2025 remains positive. The average price is forecast to range from 1,750 to 2,000 USD/ton, depending on supply and demand and the macroeconomic situation. If China implements the consumer stimulus packages for cars, electric vehicles, and industrial support as planned, the demand for rubber imports could increase sharply in Q3-Q4 2025.