Vietnam’s exports of rubber reached US$174.92 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 25.43 percent compared to April, bringing the year-to-date (YTD) export value to US$1.05 billion.

Top Markets and Notable Increases:

China remained the dominant market, with exports surging by 30.65 percent to US$117.78 million, accounting for a substantial 70.05 percent of YTD exports.
Malaysia experienced an astounding surge of 194.73 percent, reaching US$2.90 million.
Canada also recorded remarkable growth of 195.72 percent.
Brazil exports jumped by 241.53 percent.
France saw a dramatic rise of 439.23 percent, albeit from a smaller base.
Sri Lanka increased by 109.49 percent.
Germany and Italy also showed strong growth, with increases of 53.52 percent and 46.11 percent respectively.
India, South Korea, Taiwan, USA, Indonesia, Turkey, Pakistan, and the UK all registered positive month-on-month growth.
Notably, Singapore appeared as a new export market in May.

Significant Declines:

Bangladesh experienced the sharpest decline, plummeting by 78.25 percent.
Peru exports fell by 60.35 percent.
Sweden decreased by 47.03 percent.
Argentina saw a drop of 39.56 percent.
Other notable declines were observed in Russia, Japan, Mexico, Netherlands, and Belgium.

The May data for Vietnam’s rubber exports indicates a very strong month, driven by substantial increases in shipments to China and several other key markets, particularly in Asia and South America. Despite some declines in European markets, the overall trend reflects a robust and expanding rubber export sector for Vietnam.

Vietnam exports of rubber, May 2025, US$ millions

	May	April	MoM	YTD	% of YTD
Total	174.92	139.46	25.43%	1,048.29	100.00%
Other	4.76	4.68	1.91%	0.00	0.00%
China	117.78	90.15	30.65%	734.30	70.05%
India	11.01	10.25	7.42%	51.56	4.92%
South Korea	5.95	5.39	10.52%	33.10	3.16%
Taiwan	4.06	3.59	13.09%	17.94	1.71%
USA	3.51	3.01	16.46%	19.57	1.87%
Indonesia	3.48	3.11	11.90%	28.48	2.72%
Turkey	3.39	3.01	12.52%	19.77	1.89%
Germany	3.20	2.09	53.52%	12.37	1.18%
Russia	2.99	3.57	-16.12%	14.97	1.43%
Malaysia	2.90	0.98	194.73%	21.45	2.05%
Italy	2.04	1.40	46.11%	8.47	0.81%
Brazil	1.63	0.48	241.53%	10.22	0.98%
Japan	1.29	1.49	-13.23%	7.23	0.69%
Sri Lanka	1.11	0.53	109.49%	8.04	0.77%
Spain	1.07	1.09	-1.55%	5.87	0.56%
Canada	0.87	0.29	195.72%	4.93	0.47%
Pakistan	0.83	0.76	9.58%	6.59	0.63%
Mexico	0.73	0.82	-11.10%	2.66	0.25%
Netherlands	0.71	0.74	-4.62%	4.38	0.42%
France	0.50	0.09	439.23%	0.86	0.08%
UK	0.37	0.32	18.61%	1.66	0.16%
Peru	0.28	0.70	-60.35%	1.94	0.19%
Belgium	0.21	0.29	-29.03%	4.09	0.39%
Argentina	0.12	0.20	-39.56%	0.68	0.07%
Bangladesh	0.08	0.36	-78.25%	1.30	0.12%
Sweden	0.04	0.08	-47.03%	0.34	0.03%
Singapore	0.00	0.00	0.00%	0.15	0.01%

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