AsemconnectVietnam - According to data from the Customs Department (Ministry of Finance), in 2025, rubber exports reached 1.91 million tonnes, worth nearly US$3.33 billion, a decrease of 5.1% in volume and 2.6% in value compared to 2024.

This was the lowest export volume in the past four years, but the export value still ranked second in history, only after 2024. This fact showed that the relatively good rubber price has significantly contributed to offsetting the decline in production. The average export price of rubber for the whole year of 2025 was estimated to increase by 2.6%, reaching approximately US$1,745/tonne.
Regarding markets, China continued to be the largest destination, accounting for 74.2% of Vietnam's total exports with 1.41 million tonnes, valued at US$2.45 billion. Although exports to this market decreased by 2.3% compared to 2024, the value still increased by 0.3% thanks to a 2.7% increase in average price.
Notably, rubber exports to India, the second largest market, declined sharply, with a 37.7% decrease in volume and a 32.4% decrease in value. Several other markets, such as the United States, Germany, Taiwan (China), and Russia, also recorded downward trends. Conversely, exports to Malaysia and Indonesia saw a surge in growth, increasing by 42.1% and 94.8% respectively, propelling these two markets to the 3rd and 4th positions in Vietnam's rubber export market in 2025.
The short-term outlook for Vietnam's rubber industry remains challenging. Among the leading rubber-producing countries, Vietnam is one of the few to record a decline in exports in 2025. Meanwhile, Thailand and Indonesia maintain positive growth momentum, particularly in the Chinese market.
Although China's total rubber imports were projected to grow by double digits in 2025, imports from Vietnam were estimated to decline for the second consecutive year. China is shifting significantly towards sourcing from Thailand, Ivory Coast, and Indonesia. This necessitates that the Vietnamese rubber industry diversify its markets, reduce dependence on a single destination, and enhance the sustainability of its supply chain.
In this context, expanding exports to potential markets such as Malaysia, Indonesia, or other niche markets is not only significant in the short term but also represents a long-term strategy for restructuring the export market.
CK
Source: VITIC/congthuong.vn