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2022
Exports $7.56MWorld Rnk 13 / 99
Flag Rnk 3847 / 4606
2022
Destination $379k Poland
2021 - 2022
FASTEST GROWING MARKET $379kRussia
2022
Imports $759MWorld Rnk 2 / 176
Flag Rnk 313 / 4539
2022
Origin $98.9M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $98.9MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.56M in Natural rubber latex, making it the 13th largest exporter of Natural rubber latex in the world. At the same year, Natural rubber latex was the 3847th most exported product in China. The main destination of Natural rubber latex exports from China are: Poland ($2.91M), United Kingdom ($766k), Netherlands ($532k), Russia ($453k), and Turkey ($397k).

The fastest growing export markets for Natural rubber latex of China between 2021 and 2022 were Russia ($379k), Guatemala ($245k), and Poland ($232k).

Imports In 2022, China imported $759M in Natural rubber latex, becoming the 2nd largest importer of Natural rubber latex in the world. At the same year, Natural rubber latex was the 313th most imported product in China. China imports Natural rubber latex primarily from: Thailand ($522M), Vietnam ($220M), Malaysia ($10.8M), Cote d'Ivoire ($1.63M), and United States ($1.5M).

The fastest growing import markets in Natural rubber latex for China between 2021 and 2022 were Vietnam ($98.9M), Thailand ($20.1M), and Cote d'Ivoire ($1.54M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Natural rubber latex from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Natural rubber latex exports accounted up to $66.1k and imports accounted up to $25.7M, resulting in a negative trade balance of $25.6M. Between July 2023 and July 2024 the exports of China's   Natural rubber latex have decreased by $-88.8k (-57.3%) from $155k to $66.1k, while imports decreased by $-6.68M (-20.7%) from $32.3M to $25.7M.

Destinations In July 2024, Natural rubber latex were exported mostly to Vietnam ($31.7k), North Korea ($20.1k), and Bangladesh ($14.3k), and were imported mostly from Vietnam ($13.5M), Thailand ($10.7M), Malaysia ($1.4M), Liberia ($57.9k), and Burma ($33.9k).

Growth In July 2024, the decrease in Natural rubber latex's year-by-year exports was explained primarily by a decrease in exports to Bangladesh ($-6.92k or -55.8%). In July 2024, the decrease in Natural rubber latex's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-29.8M or -70.2%), Vietnam ($-2.74M or -17.1%), and Malaysia ($-687k or -57.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-88.8k(-57.3%)
IMPORT GROWTH (July 2023 - July 2024)$-6.68M(-20.7%)
MAIN EXPORTER (July 2024)Guangdong Province$103k
MAIN DESTINATION (July 2024)Vietnam$31.7k

This section shows Natural rubber latex'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 Natural rubber latex over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Natural rubber latex throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.56M
IMPORTS (2022)$759M
NET TRADE (2022)-$751M

In 2022, China exported $7.56M in Natural rubber latex. The main destinations of China exports on Natural rubber latex were Poland ($2.91M), United Kingdom ($766k), Netherlands ($532k), Russia ($453k), and Turkey ($397k).

In 2022, China imported $759M in Natural rubber latex, mainly from Thailand ($522M), Vietnam ($220M), Malaysia ($10.8M), Cote d'Ivoire ($1.63M), and United States ($1.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural rubber latex EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$379k (513%)
Guatemala$245k (1%)
Poland$232k (8.67%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural rubber latex BY China WERE (2021 - 2022):
United Kingdom-$2.46M (-76.2%)
Cambodia-$488k (-79.3%)
Uganda-$418k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Natural rubber latex were:
Thailand $1.39B
Vietnam $338M
Cote d'Ivoire $320M
In 2022, China's main importing competitors in Natural rubber latex were:
Malaysia $874M
United States $52.5M

Explore Visualizations

Trade Value of Natural rubber latex by Exporters

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