Vietnam’s imports of rubber reached US$242.58 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 19.36 percent compared to April, bringing the year-to-date (YTD) import value to US$1.19 billion.
Cambodia leads the month’s surge, while China maintains strong position:
Cambodia was the primary source for rubber imports in May, with imports surging by 84.69 percent to US$73.97 million, accounting for a significant 29.42 percent of the YTD total. China also showed strong growth, with imports increasing by 10.47 percent to US$41.88 million, maintaining its position as a major supplier.
Thailand, Indonesia, India, and Russia show strong growth:
Imports from Thailand increased by 31.03 percent to US$15.43 million. Indonesia also experienced a notable increase of 25.20 percent. India’s imports surged by 49.04 percent, and Russia’s by 50.53 percent.
Significant month-on-month surges from various markets:
Beyond the top contributors, several countries exhibited remarkable month-on-month growth in May:
- France saw a sharp drop of 81.97 percent, albeit from a higher base.
- Belgium recorded no imports in May after having imports in April.
- Canada, UK, and Malaysia also experienced declines.
- The “Other” category saw a decrease of 10.41 percent.
Notable declines in imports:
Conversely, some markets faced substantial declines in imports in May:
- South Korea imports decreased by 14.06 percent.
- Japan imports fell by 7.33 percent.
- USA imports decreased by 6.89 percent.
- Myanmar also experienced a minor decrease of 5.91 percent.
The overall strong increase in May’s rubber imports suggests a robust demand in Vietnam, with Cambodia leading the surge and China remaining a key supplier, while other markets show mixed performances.
See also: Vietnam Rubber Industry 2025: Production, Exports & Key Players
Vietnam imports of rubber, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 242.59 | 203.24 | 19.36% | 1,188.34 | 100.00% |
Other | 23.91 | 26.69 | -10.41% | 0.00 | 0.00% |
Cambodia | 73.97 | 40.05 | 84.69% | 349.55 | 29.42% |
China | 41.88 | 37.91 | 10.47% | 193.84 | 16.31% |
South Korea | 25.01 | 29.10 | -14.06% | 130.95 | 11.02% |
Thailand | 15.43 | 11.78 | 31.03% | 71.17 | 5.99% |
Laos | 14.13 | 13.67 | 3.38% | 92.81 | 7.81% |
Japan | 14.10 | 15.22 | -7.33% | 74.41 | 6.26% |
Taiwan | 10.96 | 9.22 | 18.84% | 56.34 | 4.74% |
Indonesia | 8.40 | 6.71 | 25.20% | 39.89 | 3.36% |
India | 4.11 | 2.76 | 49.04% | 19.37 | 1.63% |
Russia | 3.71 | 2.46 | 50.53% | 17.78 | 1.50% |
USA | 2.39 | 2.56 | -6.89% | 13.00 | 1.09% |
Germany | 1.93 | 1.74 | 11.18% | 6.23 | 0.52% |
Myanmar | 1.08 | 1.15 | -5.91% | 6.50 | 0.55% |
Malaysia | 1.04 | 1.19 | -12.21% | 6.82 | 0.57% |
Netherlands | 0.15 | 0.14 | 6.17% | 0.56 | 0.05% |
France | 0.12 | 0.68 | -81.97% | 2.53 | 0.21% |
Canada | 0.10 | 0.12 | -15.19% | 0.31 | 0.03% |
UK | 0.08 | 0.09 | -12.85% | 0.20 | 0.02% |
Belgium | 0.07 | 0.00 | 0.00% | 0.25 | 0.02% |