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Natural Rubber Price

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"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). This commodity has no official global benchmark price, so "World (average)" is a simple, unweighted mean across whichever FAOSTAT-reporting countries had a producer price that year, computed by agri.markets — not a production-weighted figure, and not an official FAO statistic. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.

Top Producers

RankCountryQuantity
1Thailand4,810,350 t
2Indonesia2,240,826 t
3Côte d’Ivoire1,624,824 t
4Vietnam1,270,299 t
5China897,323 t
6India849,000 t
7Cambodia511,800 t
8Philippines378,818 t
9Malaysia347,900 t
10Myanmar (Burma)322,200 t

FAOSTAT production data, 2023.

Top Importers

RankCountryQuantity
1China2,730,933 t
2Vietnam1,234,618 t
3Malaysia1,002,940 t
4United States843,204 t
5Japan612,527 t
6India481,708 t
7South Korea280,908 t
8Türkiye254,629 t
9Germany226,994 t
10Indonesia178,606 t

FAOSTAT trade data, 2023.

Top Exporters

RankCountryQuantity
1Thailand2,723,653 t
2Côte d’Ivoire1,870,757 t
3Indonesia1,754,262 t
4Vietnam669,331 t
5Malaysia578,684 t
6Cambodia401,526 t
7Laos354,951 t
8Belgium164,596 t
9Philippines148,112 t
10Guatemala138,905 t

FAOSTAT trade data, 2023.

About Natural Rubber

Tapped from rubber trees, mostly in Thailand, Indonesia and Vietnam - though Côte d'Ivoire has expanded so fast it now rivals Indonesia as the world's second-largest exporter. Around 70% of natural rubber goes into tires, so prices track car and truck production closely, and compete with oil-derived synthetic rubber - a cheaper substitute when crude oil prices fall. Weather during the tapping season and Southeast Asian labor availability are the main supply-side swing factors.

Latest World price (2025-12): +7% vs. the 5-year average, +14% vs. the 10-year average, -13% vs. a year ago.

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