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Vietnam’s rubber exports decline by 24.43 percent in February 2025

Vietnam’s rubber exports decreased by 24.43 percent in February compared to January, amounting to US$225.71 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s total rubber exports for 2025 have reached US$524.36 million, reflecting a slowdown in the demand from key markets.

The decline in exports was primarily driven by a 34.28 percent drop in shipments to China, which made up nearly 68 percent of the total exports. Meanwhile, exports to Malaysia, South Korea, and the USA also saw significant declines. However, exports to India increased by 51.52 percent, reaching US$11.86 million, while exports to Taiwan surged by 87.70 percent.

See also: Rubber in Vietnam: Industry Overview

Vietnam rubber exports, February 2025, US$

February January MoM % of Total YTD
Total 225.71 298.68 -24.43% 100.00% 524.36
Other 5.26 4.18 26.06% 2.33% 9.44
China 153.31 233.30 -34.28% 67.92% 386.60
Malaysia 3.77 10.10 -62.63% 1.67% 13.87
Indonesia 8.46 8.20 3.20% 3.75% 16.66
India 11.86 7.83 51.52% 5.25% 19.68
USA 2.48 5.32 -53.32% 1.10% 7.81
South Korea 8.48 5.27 60.93% 3.76% 13.76
Turkey 4.58 3.85 18.87% 2.03% 8.43
Sri Lanka 2.08 3.11 -33.08% 0.92% 5.18
Brazil 3.29 2.87 14.65% 1.46% 6.15
Taiwan 4.47 2.38 87.70% 1.98% 6.84
Canada 0.97 2.30 -57.69% 0.43% 3.27
Pakistan 1.20 2.26 -46.78% 0.53% 3.46
Germany 1.88 1.55 21.19% 0.83% 3.43
Japan 1.66 1.19 39.18% 0.73% 2.85
Italy 1.93 0.95 101.92% 0.85% 2.88
Belgium 1.79 0.92 94.58% 0.79% 2.72
Netherlands 0.76 0.88 -12.87% 0.34% 1.64
Russia 4.25 0.44 866.03% 1.88% 4.69
Spain 1.43 0.40 255.04% 0.63% 1.84
Peru 0.15 0.37 -59.41% 0.07% 0.52
Mexico 0.53 0.37 45.38% 0.24% 0.90
UK 0.53 0.33 61.08% 0.23% 0.86
France 0.14 0.14 0.02% 0.06% 0.27
Bangladesh 0.22 0.09 134.53% 0.10% 0.31
Sweden 0.09 0.05 89.29% 0.04% 0.13
Argentina 0.09 0.04 99.54% 0.04% 0.13
Singapore 0.04 0.00 0.00% 0.02% 0.04

See also: How to Start an Export Business in Vietnam.

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