Vietnam rubber industry – 2025 review & 2026 outlook

2025 – Export weakness, domestic demand as the main driver

Vietnam rubber exports declined for the third consecutive year and continued losing share in key markets amid rising competition; growth in ASEAN was largely volume-driven with thin margins. Export prices fell sharply in 2H/2025, no longer providing support.

In contrast, domestic consumption increased +11.4% YoY, reaching around 70% of export volume, supported by rapid expansion of the tire manufacturing sector. Domestic supply rose modestly, while imports remained high to serve processing, re-export and local production.

2026 Outlook – Rising risks, limited upside

The outlook is less favorable as exports face slower global demand growth and intensifying competition.

Traceability requirements (EUDR) emerge as a key structural challenge, given fragmented production and reliance on imported raw materials. While global rubber prices may remain elevated, geopolitical risks add uncertainty. Domestic supply growth remains constrained due to shrinking plantation areas and weather-related risks.

EXAMPLE REPORT 👇👇

[VI] RUBBER INDUSTRY REPORT - 2025 & Outlook 2026

$199.00

Buy Now

TABLE OF CONTENTS

A. EXECUTIVE SUMMARY

B. GLOBAL RUBBER MARKET

• Supply–demand balance of natural rubber (HS 4001)

• Supply–demand balance of synthetic rubber (HS 4002)

• Export performance of major exporting countries

• Import trends of major consuming markets

• Global rubber price developments

C. VIETNAM RUBBER INDUSTRY

Domestic plantation area and harvested output

Geographic distribution of rubber production in Vietnam

Import supply​​​​​​​​​​​​​​

• Import structure by source

• Average import prices from Cambodia and Laos

• Import supply of natural rubber (HS 4001)

• Import supply of synthetic rubber (HS 4002)

• Leading importers of natural rubber (HS 4001)

• Leading importers of synthetic rubber (HS 4002)

Export performance

• Export overview

• Product mix and market structure

• Vietnam’s rubber exports to China

Leading exporters and export value

Key international buyers of Vietnamese rubber

F. APPENDIX

---