According to the Customs Department, Vietnam’s rubber imports in August 2025 reached over 169,000 tons, worth over 254 million USD. This represents a decrease of 3.6% in volume and 7.1% in value compared to July. In the first 8 months of the year, Vietnam imported over 1.1 million tons of rubber, with a value of over 1.95 billion USD. This is an increase of 4.3% in volume and 13.6% in value compared to the same period in 2024.
Regarding the market, Cambodia is becoming a long-standing rubber supplier to Vietnam, which has held the leading market share for many consecutive years. Specifically, Vietnam has imported over 453,000 tons of rubber from Cambodia since the beginning of the year, with a value of over 605 million USD. This is an 8% decrease in volume but a 4% increase in value compared to the same period in 2024. The average import price was 1,333 USD/ton, an increase of 13% compared to the first 8 months of 2024.
Vietnam has spent nearly 2 billion USD importing rubber from the beginning of the year.
In recent years, rubber has consistently been one of Cambodia’s top export items. In 2024, this country earned 700 million USD from exporting rubber products.
China ranks second among suppliers with a production of over 180,000 tons, worth over 316 million USD, representing a 45% increase in volume and a 30% increase in value. The average import price decreased by 10%, equivalent to 1,754 USD/ton.
South Korea is Vietnam’s third-largest rubber supplier. Since the beginning of the year, this Asian country has exported over 126,000 tons of rubber to Vietnam, valued at over 212 million USD. This result is an 8% increase in volume and a 5% increase in value compared to the same period last year. Prices also recorded a 3% decrease, equivalent to 675 USD per ton.
Vietnam and Thailand are among the world’s leading rubber exporting countries, playing a significant role in the supply chain of raw materials for the tire, glove, and industrial product manufacturing industries. Thailand has held the top position in natural rubber exports for many years, with production accounting for over 30% of the global market share, concentrated in major markets such as China, Japan, the United States, and Europe.
Vietnam ranks third in the world, behind only Thailand and Indonesia, with strengths in processed rubber latex and compound rubber, primarily exporting to China, India, and South Korea. While Thailand maintains its advantage due to its large planting area, stable production, and modern processing systems, Vietnam stands out for its ability to diversify products and expand markets through free trade agreements.