According to data from the General Department of Customs, in January 2025, Vietnam's rubber exports reached 160,632 tons, worth 298.68 million USD. Compared to December 2024, it decreased by 32.5% in volume and 34% in value. Compared to January 2024, the volume decreased by 23.7% but the value increased by 0.6% thanks to prices remaining high.
Vietnam's average rubber export price in January 2025 reached 1,859 USD/ton, down 2.3% compared to December 2024 but still increased sharply by 31.7% compared to the same period in 2024. Due to the Lunar New Year holiday, Vietnam's rubber export activities have decreased quite sharply in the first month of 2025.
In January 2025, Vietnam's rubber exports to most major consumer markets decreased compared to December 2024. Compared to January 2024, the amount of rubber exported to Malaysia, Indonesia, and the United States increased sharply, while China, India, Korea, Turkey, etc. decreased.
China continues to be Vietnam's largest rubber export market in the first month of 2025, accounting for 78.7% in volume and 78.1% in value.
China's market export volume reached 126,384 tons, worth 233.3 million USD, down 24.7% in volume but up 0.1% in value over the same period last year. The average export price of rubber to this market reached 1,846 USD/ton, up 33%.
Similarly, the amount of rubber exported to the Indian and Korean markets also decreased sharply by 66.6% and 54% compared to the same period in 2024, reaching 3,934 tons and 2,452 tons, respectively.
Meanwhile, Malaysia has risen to become our country's second largest rubber export market in January 2025, with a volume increase of 8.4 times and a value increase of 9.4 times compared to January 2024, reaching 6,605 tons, worth 10,095 tons.
In addition, the amount of rubber exported to the next major market, Indonesia, also increased sharply by 123%, from the US increased by 16.9%... It can be seen that Vietnam's rubber is currently not only exported to major consumer countries but is also being promoted to the world's leading rubber producing and exporting countries, Malaysia and Indonesia.
Although cooling down compared to last month, rubber prices are expected to continue to remain high in the coming time, as supply is entering a low period.
Accordingly, rubber trees are usually exploited until January every year, then stop dredging latex from February to May to replace leaves before the new exploitation season. Therefore, latex output can only gradually be replenished from June 2025 onwards.
Previously, the Vietnam Rubber Association assessed that despite many challenges related to extreme weather and strict requirements from the market, the rubber industry still expects strong development in 2025.
It is forecasted that the total export turnover of the industry will reach over 11 billion USD. Of which, natural rubber is expected to reach about 3.5 billion USD, meeting the increasing demand of the international market; rubber products reach about 5 billion USD, thanks to the promotion of the production of high-quality products, meeting strict technical standards.
Rubber wood alone reached about 2.5 billion USD, exploiting the maximum sustainable value from environmentally friendly and recycled materials.
