The Vietnamese rubber industry is projected to achieve an export turnover of approximately $11 billion in 2025, according to the Vietnam Rubber Association (VRA). 

In the first 11 months of 2025, Vietnam exported around 1.7 million tons of rubber, valued at $2.89 billion, marking a decrease of 6.8% in volume and 2.4% in value year-on-year. 

However, the VRA notes that this figure primarily reflects the export of natural rubber latex. When considering the entire value chain, including deeply processed rubber products (such as tires, gloves, and technical components) and rubberwood, the total export turnover for the industry in 2025 is estimated to reach  $11 billion, representing a 3% increase from 2024.

Notably, processed rubber products continue to drive growth, with an estimated export value of $5.3 billion. Rubberwood exports exceed $3.1 billion, while natural rubber maintains a level above $3.2 billion. This structure indicates a positive shift towards increasing value and reducing reliance on raw material exports.

The VRA anticipates that the 2026–2030 period will present new opportunities for the industry. Demand for rubber and rubber products in the Middle East, India, and Africa is expected to continue growing. The reduction of tariffs under the Free Trade Agreements (FTAs) that Vietnam has signed and is implementing also creates additional room for businesses to expand exports. Additionally, the ongoing shift in supply chains in the Asia-Pacific region offers opportunities to attract investment, expand production, and deepen participation in the global value chain for Vietnam's rubber industry.

Source: VnEconomy