According to statistics from the Vietnam Customs Department, in June 2025, Vietnam’s rubber exports reached 144,000 tons, worth 240 million USD. This result shows a significant increase in both volume and value compared to last month.
In the first half of 2025, rubber exports reached 694,000 tons, worth nearly 1.3 billion USD. This was a decrease of 4.6% in volume but an increase of 16.2% in value compared to the same period in 2024.
The average export price of rubber was 1,856 USD/ton, an increase of 21.8% compared to the same period in 2024. This price increase plays a crucial role in helping the rubber industry maintain its export value when demand from some major markets is low.
In the context of significant global economic fluctuations, maintaining rubber export growth, especially to China, the key market, is a positive highlight. The three largest rubber export markets for Vietnam are China, India, and South Korea.
Vietnam ranks in the top 3 in the world in terms of production in the rubber industry.
Notably, rubber exports to the US in the past 6 months increased by 25% in volume and 52% in value, with over 12,000 tons of rubber from Vietnam, worth 24 million USD. The average export price was 1,935 USD, an increase of nearly 21.7% compared to the same period last year.
Rubber products also helped Vietnam earn 322 million USD from the US, a significant increase of 60% compared to the same period last year.
The US imposing countervailing duties does not directly affect the export of Vietnam’s natural rubber products. The reason is that the US is not the main export market for Vietnam’s natural rubber. In 2024, 72% of Vietnam’s rubber export volume was consumed in the Chinese market. 25 million tires exported directly from China to the US only accounts for a very small proportion. Therefore, the consumption of natural rubber in China will not be significantly affected by this event.
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-demand and the macroeconomic situation. If China implements the planned stimulus packages for automobile and electric vehicle consumption and industrial support, the demand for rubber imports could increase sharply in Q3 and Q4/2025.
The Vietnamese rubber industry plays a key role in agricultural exports, with the total export value of the two main product groups, natural rubber and rubber products, maintaining at 7–8 billion USD each year. The Ministry of Agriculture and Environment aims for rubber exports to reach about 3.3 billion USD, a decrease of 4.6% compared to the same period in 2024.