Commodity Origins

How much natural rubber does Vietnam produce and export?

Vietnam is the 4th largest producer of natural rubber: 1.3 million tonnes in 2024, 9% of the world's 14.8 million tonnes (FAOSTAT). It is the 4th largest exporter by value: $1.2 billion in 2024, 7.4% of world exports of natural rubber (HS 4001) (CEPII BACI). Its biggest customer is China, which takes 29% of its natural rubber exports by value.

All about natural rubber · All about Vietnam · Natural rubber price history

Vietnam's natural rubber production

Vietnam natural rubber production, 2024
World rankProduction (tonnes)Share of worldTen-year growthYear
41.3 million tonnes9%+3.3% a year2024

FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.

Vietnam natural rubber production monthly prices, tonnes, Jan 1961 to Jan 2024Line chart of vietnam natural rubber production monthly prices in tonnes from Jan 1961 to Jan 2024: Vietnam natural rubber production from 78,100 to 1,327,473, peaking at 1,338,142.0500,0001,000,0001,500,000196519701975198019851990199520002005201020152020tonnes
Vietnam natural rubber production

Share of world output over time

Vietnam's share of world natural rubber production in selected years
19902000201020202024
1.1%4.1%7%8.6%9%

Average annual share by decade: 1960s 2.6%, 1970s 1%, 1980s 1.1%, 1990s 2.1%, 2000s 5%, 2010s 7.5%, 2020s 8.8%. See the concentration-over-time report.

Vietnam's natural rubber exports

Vietnam exports of Natural rubber, balata, gutta-percha, in primary forms or plates, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
4$1.2 billion7.4%742,354 t$1,6792024

CEPII BACI international trade database (HS22, V202601), HS 4001 (Natural rubber, balata, gutta-percha, in primary forms or plates).

Where Vietnam's natural rubber goes

Largest destinations of Vietnam's natural rubber exports, 2024
DestinationValueShare of Vietnam's exports
China$361M29%
India$225M18%
Germany$62M5%
South Korea$60M4.8%
United States$55M4.4%

Largest five destinations of 2,723 exporter-importer pairs BACI reports for 2024. See trade flows.

Vietnam as a buyer of natural rubber

Vietnam imported $782.1 million of natural rubber (HS 4001) in 2024, 4.6% of world imports, ranked #6. Of its $782.1 million of natural rubber imports in 2024, 67% came from Cambodia and 17% from Thailand, among 22 suppliers.

Import dependency · Supplier shifts

The natural rubber price Vietnam sells into

The benchmark price, TSR20, SGX/SICOM, was $2.41/kg in September 2026, up 39% over twelve months. Its five-year volatility is 16% a year, calmer in 4% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Natural rubber price history.

Cite as: Commodity Origins, "Vietnam natural rubber: production, exports and prices", https://commodityorigins.com/countries/VNM/natural-rubber/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.