Vietnam’s imports of rubber products reached US$109.44 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 7.15 percent compared to April, bringing the year-to-date (YTD) import value to US$486.28 million.

China maintains its dominant position with strong growth:

China remained the primary source for rubber product imports, with a May value of US$58.74 million. This signifies a strong increase of 10.44 percent from April and accounts for a commanding 51.78 percent of the total year-to-date imports.

Japan and South Korea show steady contributions:

Imports from Japan increased by 4.40 percent to US$11.54 million in May, while South Korea’s imports grew by 6.09 percent to US$9.68 million. These countries respectively contributed 11.13 percent and 9.14 percent to the YTD total.

Indonesia, Singapore, and UK show extraordinary month-on-month surges:

Several countries exhibited remarkable month-on-month growth in May, often from lower bases:

Singapore recorded an astonishing surge of 122.00 percent, reaching US$983,949.
Indonesia imports jumped by 112.02 percent, reaching US$2.34 million.
UK imports surged by 84.64 percent.
Philippines imports grew by 46.19 percent.
India imports increased by 15.18 percent.
The “Other” category also saw a notable increase of 9.11 percent.

Notable declines in imports:

Conversely, some markets faced substantial declines in imports in May:

Italy saw the largest drop of 23.39 percent.
France imports decreased by 15.83 percent.
Thailand imports fell by 15.26 percent.
Germany imports decreased by 13.84 percent.
Hong Kong and USA also experienced notable decreases.

The overall increase in May’s rubber product imports suggests a healthy demand in Vietnam, with China continuing to be the major supplier and various other countries contributing with dynamic growth.

Vietnam imports of rubber products, May 2025, US$ millions

	May	April	MoM	YTD	% of YTD
Total	109.44	102.14	7.15%	486.28	100.00%
Other	4.19	3.84	9.11%	0.00	0.00%
China	58.74	53.19	10.44%	251.81	51.78%
Japan	11.54	11.05	4.40%	54.11	11.13%
South Korea	9.68	9.12	6.09%	44.42	9.14%
Thailand	7.62	8.99	-15.26%	39.22	8.07%
Malaysia	3.09	2.98	3.62%	16.12	3.31%
Taiwan	2.88	2.73	5.40%	13.95	2.87%
Indonesia	2.34	1.10	112.02%	5.95	1.22%
USA	2.16	2.24	-3.53%	10.83	2.23%
Germany	1.96	2.27	-13.84%	9.41	1.94%
India	1.87	1.62	15.18%	9.40	1.93%
Italy	1.10	1.44	-23.39%	6.22	1.28%
Singapore	0.98	0.44	122.00%	2.16	0.44%
UK	0.55	0.30	84.64%	1.55	0.32%
France	0.44	0.52	-15.83%	3.79	0.78%
Philippines	0.21	0.14	46.19%	0.91	0.19%
Hong Kong	0.10	0.16	-36.19%	0.66	0.13%

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