Vietnam’s exports of rubber reached US$139.46 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a substantial decrease of 35.19 percent compared to March, with a year-to-date (YTD) export value of US$872.79 million.
China remains the top export market despite a significant decrease:
China was the leading export market in April, with exports valued at US$90.15 million. This marks a significant decrease of 38.40 percent from March but still accounts for the largest share of the year-to-date exports at 70.64 percent.
India remains a significant export market with a slight decrease:
India was the second-largest export market in April, with exports valued at US$10.25 million, a slight decrease of 3.53 percent from the previous month. India accounts for 4.65 percent of the year-to-date exports.
South Korea sees a substantial decrease:
Exports to South Korea experienced a significant decrease of 32.79 percent in April, reaching US$5.39 million. South Korea accounts for 3.11 percent of the year-to-date exports.
Taiwan sees marginal growth:
Exports to Taiwan saw a slight increase of 4.39 percent in April, reaching US$3.59 million. Taiwan accounts for 1.59 percent of the year-to-date exports.
Russia sees a slight decrease:
Exports to Russia experienced a marginal decrease of 4.07 percent in April, reaching US$3.57 million. Russia accounts for 1.37 percent of the year-to-date exports.
Significant month-on-month increases and decreases:
Mexico experienced the largest month-on-month increase at 286.30 percent, followed by UK and Peru. Conversely, Malaysia experienced the most significant decrease at 73.39 percent, followed by Brazil and Belgium. Notably, there were no exports to France in April after exports in March. Exports to Singapore also dropped to zero in April.
See also: Rubber in Vietnam: Industry Overview
Vietnam exports of rubber, April 2025, US$ millions
April | March | MoM | YTD | % of YTD | |
Total | 139.46 | 215.18 | -35.19% | 872.79 | 100.00% |
Other | 4.68 | 5.53 | -15.50% | 20.00 | 2.29% |
China | 90.15 | 146.34 | -38.40% | 616.52 | 70.64% |
India | 10.25 | 10.62 | -3.53% | 40.56 | 4.65% |
South Korea | 5.39 | 8.01 | -32.79% | 27.15 | 3.11% |
Taiwan | 3.59 | 3.44 | 4.39% | 13.88 | 1.59% |
Russia | 3.57 | 3.72 | -4.07% | 11.98 | 1.37% |
Indonesia | 3.11 | 5.22 | -40.37% | 24.99 | 2.86% |
USA | 3.01 | 5.24 | -42.46% | 16.06 | 1.84% |
Turkey | 3.01 | 4.94 | -39.08% | 16.38 | 1.88% |
Germany | 2.09 | 3.66 | -43.02% | 9.18 | 1.05% |
Japan | 1.49 | 1.60 | -7.20% | 5.94 | 0.68% |
Italy | 1.40 | 2.15 | -35.09% | 6.43 | 0.74% |
Spain | 1.09 | 1.88 | -42.10% | 4.80 | 0.55% |
Malaysia | 0.98 | 3.70 | -73.39% | 18.55 | 2.13% |
Mexico | 0.82 | 0.21 | 286.30% | 1.93 | 0.22% |
Pakistan | 0.76 | 1.54 | -51.00% | 5.76 | 0.66% |
Netherlands | 0.74 | 1.29 | -42.65% | 3.67 | 0.42% |
Peru | 0.70 | 0.44 | 58.17% | 1.67 | 0.19% |
Sri Lanka | 0.53 | 1.22 | -56.66% | 6.93 | 0.79% |
Brazil | 0.48 | 1.96 | -75.61% | 8.59 | 0.98% |
Bangladesh | 0.36 | 0.56 | -35.86% | 1.22 | 0.14% |
UK | 0.32 | 0.11 | 177.60% | 1.29 | 0.15% |
Canada | 0.29 | 0.50 | -40.68% | 4.06 | 0.47% |
Belgium | 0.29 | 0.87 | -66.36% | 3.88 | 0.44% |
Argentina | 0.20 | 0.22 | -8.68% | 0.56 | 0.06% |
France | 0.09 | 0.00 | 0.00% | 0.36 | 0.04% |
Sweden | 0.08 | 0.09 | -16.23% | 0.30 | 0.03% |
Singapore | 0.00 | 0.09 | -100.00% | 0.14 | 0.02% |