Vietnam’s exports of rubber products reached US$130.06 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 7.47 percent compared to March, with a year-to-date (YTD) export value of US$456.82 million.
USA remains the top export market with significant growth:
The USA was the leading export market in April, with exports valued at US$59.11 million. This marks a substantial increase of 12.83 percent from March and accounts for the largest share of the year-to-date exports at 44.16 percent.
Japan remains a key export market with marginal growth:
Japan was the second-largest export market in April, with exports valued at US$15.37 million, showing a marginal increase of 0.46 percent from the previous month. Japan accounts for 12.90 percent of the year-to-date exports.
South Korea sees a slight decrease:
Exports to South Korea experienced a decrease of 4.94 percent in April, reaching US$9.17 million. South Korea accounts for 7.43 percent of the year-to-date exports.
China sees a significant decrease:
Exports to China saw a substantial decrease of 26.61 percent in April, falling to US$5.11 million. China accounts for 4.19 percent of the year-to-date exports.
Brazil records marginal growth:
Exports to Brazil saw a slight increase of 1.45 percent in April, reaching US$4.33 million. Brazil accounts for 2.97 percent of the year-to-date exports.
Significant month-on-month increases and decreases:
Italy experienced the largest month-on-month increase at 358.23 percent, followed by Saudi Arabia and Turkey. Conversely, Thailand experienced the most significant decrease at 27.27 percent, followed by Russia and Cambodia. Notably, there were no exports to Bangladesh in April after exports in March.
See also: Rubber in Vietnam: Industry Overview
Vietnam exports of rubber products, April 2025, US$ millions
April | March | MoM | YTD | % of YTD | |
Total | 130.06 | 121.02 | 7.47% | 456.82 | 100.00% |
Other | 10.12 | 9.27 | 9.19% | 37.65 | 8.24% |
USA | 59.11 | 52.39 | 12.83% | 201.75 | 44.16% |
Japan | 15.37 | 15.30 | 0.46% | 58.94 | 12.90% |
South Korea | 9.17 | 9.64 | -4.94% | 33.95 | 7.43% |
China | 5.11 | 6.96 | -26.61% | 19.15 | 4.19% |
Brazil | 4.33 | 4.27 | 1.45% | 13.58 | 2.97% |
Germany | 3.16 | 2.32 | 36.46% | 9.98 | 2.19% |
Indonesia | 2.63 | 2.34 | 12.54% | 8.21 | 1.80% |
Australia | 2.37 | 2.29 | 3.22% | 7.60 | 1.66% |
UK | 2.23 | 1.62 | 37.33% | 7.29 | 1.60% |
Italy | 1.85 | 0.40 | 358.23% | 3.98 | 0.87% |
Thailand | 1.75 | 2.41 | -27.27% | 7.72 | 1.69% |
India | 1.69 | 1.58 | 6.93% | 6.84 | 1.50% |
Malaysia | 1.33 | 1.29 | 2.82% | 4.06 | 0.89% |
Taiwan | 1.24 | 1.23 | 1.07% | 4.96 | 1.08% |
Netherlands | 1.24 | 1.20 | 3.82% | 4.63 | 1.01% |
France | 1.19 | 1.10 | 7.69% | 4.75 | 1.04% |
Spain | 1.09 | 0.98 | 11.89% | 4.41 | 0.97% |
Cambodia | 0.91 | 1.16 | -21.78% | 3.64 | 0.80% |
Belgium | 0.79 | 0.78 | 0.91% | 2.99 | 0.66% |
Poland | 0.70 | 0.42 | 69.15% | 1.79 | 0.39% |
Russia | 0.70 | 0.96 | -26.72% | 3.44 | 0.75% |
Turkey | 0.69 | 0.38 | 82.94% | 2.04 | 0.45% |
Saudi Arabia | 0.41 | 0.18 | 133.41% | 0.85 | 0.19% |
Singapore | 0.39 | 0.40 | -4.51% | 1.40 | 0.31% |
Bangladesh | 0.38 | 0.00 | 0.00% | 0.71 | 0.16% |
Hong Kong | 0.10 | 0.16 | -36.79% | 0.50 | 0.11% |