Vietnam’s imports of rubber products decreased by 23.80 percent month-on-month in January, reaching US$80.37 million, according to Vietnam’s General Department of Customs. This follows a decline from US$105.48 million recorded in December.

Year-to-date, Vietnam’s total imports of rubber products stood at US$80.37 million. China remained the largest supplier, contributing US$43.77 million, or 54.4 percent of the total, followed by Japan with US$8.21 million, representing 10.2 percent, and South Korea with US$7.82 million.

Among major suppliers, France recorded the highest month-on-month growth, increasing by 62.82 percent, while Malaysia showed a modest rise of 2.32 percent. In contrast, the UK experienced the steepest decline, with imports falling 66.35 percent. Other key suppliers, such as Indonesia, Thailand, and Germany, also posted significant drops of 58.68 percent, 56.60 percent, and 43.18 percent, respectively.

The rubber product market in Vietnam remains heavily dependent on China, which accounts for nearly half of total imports. While France and Malaysia showed some growth, overall imports from most suppliers declined, indicating shifting sourcing patterns and possibly weaker demand for rubber products.

Vietnam rubber product imports, January, US$ millions

	January	December	MoM	YTD	% of Total
Total	80.37	105.48	-23.80%	80.37	100.00%
Other	2.35	3.70	-36.42%	2.35	2.93%
China	43.77	51.37	-14.81%	43.77	54.46%
Japan	8.21	11.00	-25.30%	8.21	10.22%
South Korea	7.82	10.75	-27.22%	7.82	9.73%
Thailand	4.84	11.15	-56.60%	4.84	6.02%
Malaysia	3.37	3.30	2.32%	3.37	4.20%
Taiwan	2.49	3.36	-26.14%	2.49	3.09%
India	1.83	2.38	-23.23%	1.83	2.27%
USA	1.74	2.34	-25.69%	1.74	2.16%
Germany	1.14	2.00	-43.18%	1.14	1.42%
France	1.11	0.68	62.82%	1.11	1.38%
Italy	0.75	1.33	-43.18%	0.75	0.94%
Indonesia	0.50	1.20	-58.68%	0.50	0.62%
Philippines	0.16	0.24	-33.81%	0.16	0.20%
UK	0.13	0.38	-66.35%	0.13	0.16%
Hong Kong	0.11	0.15	-28.46%	0.11	0.13%
Singapore	0.06	0.14	-56.81%	0.06	0.08%

Your support keeps this site independent and objective.
If you find value in this work, please consider making a contribution.

$2/mo $5/mo $10/mo One-time

Need more convincing?

Our content is free because we believe a rising tide lifts all boats.

By making accurate, independent information accessible to everyone, we help create a more informed, resilient, and empowered business community.

When businesses, investors, policymakers, and everyday readers all have access to clear, unbiased analysis, it leads to better decisions, fairer opportunities, and stronger economic outcomes for all.

That said, while our content is free to read, it costs money to create.

Behind every article is careful research, fact-checking, and expert analysis — all of which require time, skill, and resources.

If you can spare a couple of dollars, your support helps ensure that reliable, unbiased information remains accessible to all.