Malaysia Rubber Export 2026 Market Overview & Trends

Malaysia's export value peaked in 2021 at over $25.9 billion. Following a sharp decline through 2023, 2024 shows a recovery to $15.4 billion.
While export quantities have remained relatively stable between 6.9 billion and 7.9 billion units, the significant value fluctuations indicate high price volatility in the global rubber market over the last five years.

China is the primary destination for Malaysian exports in 2024, accounting for $3.41 billion. The United States follows as the second-largest market at $2.20 billion.
Regional partners including Indonesia, Singapore, and Japan also represent significant trade shares, highlighting Malaysia's strong supply chain integration within the Asian and North American markets.

The United States and Vietnam are the fastest-growing markets for Malaysian rubber, with growth rates of 27.1% and 25.6% respectively.
China also maintains strong momentum at 15.4%. These figures suggest a robust diversification of demand, with significant expansion occurring in both established Western economies and emerging industrial hubs in Southeast Asia.

Latex examination gloves are the dominant export product, contributing $2.47 billion in 2024.
Other high-value products include nitrile gloves ($888 million) and LDPE granules ($814 million). This data underscores Malaysia's specialized manufacturing strength in medical-grade rubber products and primary polymer forms as the core drivers of its export revenue.