diff --git a/drivers/net/netdevsim/dev.c b/drivers/net/netdevsim/dev.c
index ed9ce083d0ad..356287a2c320 100644
--- a/drivers/net/netdevsim/dev.c
+++ b/drivers/net/netdevsim/dev.c
@@ -1055,11 +1055,20 @@ static int __nsim_dev_port_add(struct nsim_dev *nsim_dev, enum nsim_dev_port_typ
 		goto err_port_debugfs_exit;
 	}
 
+	if (nsim_dev_port_is_vf(nsim_dev_port)) {
+		err = devlink_rate_leaf_create(&nsim_dev_port->devlink_port,
+					       nsim_dev_port);
+		if (err)
+			goto err_nsim_destroy;
+	}
+
 	devlink_port_type_eth_set(devlink_port, nsim_dev_port->ns->netdev);
 	list_add(&nsim_dev_port->list, &nsim_dev->port_list);
 
 	return 0;
 
+err_nsim_destroy:
+	nsim_destroy(nsim_dev_port->ns);
 err_port_debugfs_exit:
 	nsim_dev_port_debugfs_exit(nsim_dev_port);
 err_dl_port_unregister:
@@ -1074,6 +1083,8 @@ static void __nsim_dev_port_del(struct nsim_dev_port *nsim_dev_port)
 	struct devlink_port *devlink_port = &nsim_dev_port->devlink_port;
 
 	list_del(&nsim_dev_port->list);
+	if (nsim_dev_port_is_vf(nsim_dev_port))
+		devlink_rate_leaf_destroy(&nsim_dev_port->devlink_port);
 	devlink_port_type_clear(devlink_port);
 	nsim_destroy(nsim_dev_port->ns);
 	nsim_dev_port_debugfs_exit(nsim_dev_port);