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2022
Exports | Imports $55.3M | $3.82BWorld Rnk 22 / 131
Flag Rnk 939 / 1216
World Rnk 1 / 192
Flag Rnk 93 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $12.3M | $260MRussia |  Laos
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Rubber-2.29Rnk 1010 / 1025

About

Exports In 2022, China exported $55.3M in Rubber, making it the 22nd largest exporter of Rubber in the world. At the same year, Rubber was the 939th most exported product in China. The main destination of Rubber exports from China are: Russia ($12.7M), North Korea ($7.51M), Malaysia ($4.27M), Brazil ($3.79M), and Poland ($2.91M).

The fastest growing export markets for Rubber of China between 2021 and 2022 were Russia ($12.3M), Brazil ($2.7M), and Malaysia ($2.27M).

Imports In 2022, China imported $3.82B in Rubber, becoming the 1st largest importer of Rubber in the world. At the same year, Rubber was the 93rd most imported product in China. China imports Rubber primarily from: Thailand ($1.58B), Malaysia ($469M), Cote d'Ivoire ($398M), Laos ($380M), and Vietnam ($329M).

The fastest growing import markets in Rubber for China between 2021 and 2022 were Laos ($260M), Cote d'Ivoire ($109M), and Burma ($96.9M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (122), WAL-MART INC. (67), and SAILUN TIRE AMERICAS INC. (42) were at the forefront of shipping Rubber from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Rubber exports accounted up to $3.42M and imports accounted up to $182M, resulting in a negative trade balance of $178M. Between February 2023 and February 2024 the exports of China's   Rubber have increased by $1.87M (121%) from $1.55M to $3.42M, while imports decreased by $-105M (-36.6%) from $287M to $182M.

Destinations In February 2024, Rubber were exported mostly to Romania ($1.52M), Vietnam ($600k), Russia ($472k), United Kingdom ($323k), and Kenya ($295k), and were imported mostly from Thailand ($87.1M), Cote d'Ivoire ($34.7M), Vietnam ($22.5M), Malaysia ($19.9M), and Indonesia ($11.7M).

Growth In February 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to North Korea ($984k or 640%) and United States ($2.02k or 1.33k%). In February 2024, the decrease in Rubber's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-147M or -65.2%), Laos ($-24.1M or -99.8%), and Indonesia ($-12.9M or -35.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$1.87M(121%)
IMPORT GROWTH (February 2023 - February 2024)$-105M(-36.6%)
MAIN EXPORTER (February 2024)Henan Province$1.84M
MAIN DESTINATION (February 2024)Romania$1.52M

This section shows Rubber's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.3M
IMPORTS (2022)$3.82B
NET TRADE (2022)-$3.77B

In 2022, China exported $55.3M in Rubber. The main destinations of China exports on Rubber were Russia ($12.7M), North Korea ($7.51M), Malaysia ($4.27M), Brazil ($3.79M), and Poland ($2.91M).

In 2022, China imported $3.82B in Rubber, mainly from Thailand ($1.58B), Malaysia ($469M), Cote d'Ivoire ($398M), Laos ($380M), and Vietnam ($329M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$12.3M (3.3k%)
Brazil$2.7M (249%)
Malaysia$2.27M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY China WERE (2021 - 2022):
Slovakia-$7.26M (-93.5%)
Romania-$4.45M (-89%)
United States-$4.16M (-96.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rubber were:
Thailand $5.47B
Indonesia $4.17B
Cote d'Ivoire $2.11B
In 2022, China's main importing competitors in Rubber were:
United States $2.06B
Malaysia $1.42B

Explore Visualizations

Trade Value of Rubber by Exporters

Keep Exploring

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