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$2.34 million.
- UK imports surged by 84.64 percent.
- Philippines imports grew by 46.19 percent.
- India imports increased by 15.18 percent.
- The “Other” category also saw a notable increase of 9.11 percent.
Notable declines in imports:
Conversely, some markets faced substantial declines in imports in May:
- Italy saw the largest drop of 23.39 percent.
- France imports decreased by 15.83 percent.
- Thailand imports fell by 15.26 percent.
- Germany imports decreased by 13.84 percent.
- Hong Kong and USA also experienced notable decreases.
The overall increase in May’s rubber product imports suggests a healthy demand in Vietnam, with China continuing to be the major supplier and various other countries contributing with dynamic growth.
See also: Vietnam Rubber Industry 2025: Production, Exports & Key Players
Vietnam imports of rubber products, May 2025, US$ 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% |