New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Exports | Imports $2.98B | $1.96BWorld Rnk 3 / 145
Flag Rnk 114 / 1217
World Rnk 2 / 209
Flag Rnk 251 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $111M | $76.1MBelgium |  South Korea
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Synthetic Rubber0.35Rnk 434 / 1025

About

Exports In 2022, United States exported $2.98B in Synthetic Rubber, making it the 3rd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 114th most exported product in United States. The main destination of Synthetic Rubber exports from United States are: Mexico ($513M), Canada ($388M), Belgium ($345M), Brazil ($282M), and Japan ($152M).

The fastest growing export markets for Synthetic Rubber of United States between 2021 and 2022 were Belgium ($111M), Mexico ($100M), and Brazil ($60.8M).

Imports In 2022, United States imported $1.96B in Synthetic Rubber, becoming the 2nd largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 251st most imported product in United States. United States imports Synthetic Rubber primarily from: South Korea ($308M), Japan ($264M), Germany ($210M), Chinese Taipei ($175M), and Mexico ($167M).

The fastest growing import markets in Synthetic Rubber for United States between 2021 and 2022 were South Korea ($76.1M), Chinese Taipei ($52.6M), and Singapore ($44.5M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (17.9k), LG ELECTRONICS U.S.A. INC. (7.12k), and WAL-MART INC. (2.81k) were at the forefront of shipping Synthetic Rubber to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Synthetic Rubber exports accounted up to $229M and imports accounted up to $100M, resulting in a positive trade balance of $129M. Between January 2023 and January 2024 the exports of United States'   Synthetic Rubber have increased by $23.8M (11.6%) from $206M to $229M, while imports decreased by $-8.46M (-7.77%) from $109M to $100M.

Destinations In January 2024, Synthetic Rubber were exported mostly to Belgium ($43.4M), Mexico ($38.8M), Canada ($26M), China ($15.4M), and Brazil ($15M), and were imported mostly from South Korea ($17M), Japan ($13.5M), Germany ($12.9M), France ($11.4M), and Mexico ($9.61M).

Growth In January 2024, the increase in Synthetic Rubber's year-by-year exports was explained primarily by an increase in exports to Brazil ($8.31M or 62.5%), Mexico ($3.76M or 9.4%), and France ($3.55M or 237%). In January 2024, the decrease in Synthetic Rubber's year-by-year imports was explained primarily by a decrease in imports from Russia ($-12.7M or -91.5%), Japan ($-10.5M or -45.7%), and France ($-4.72M or -37.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$23.8M(11.6%)
IMPORT GROWTH (January 2023 - January 2024)$-8.46M(-7.77%)
MAIN EXPORTER (January 2024)Texas$90M
MAIN DESTINATION (January 2024)Belgium$43.4M

This section shows Synthetic Rubber's exports and imports data at subnational level for United States. 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 Synthetic Rubber over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.98B
IMPORTS (2022)$1.96B
NET TRADE (2022)$1.02B

In 2022, United States exported $2.98B in Synthetic Rubber. The main destinations of United States exports on Synthetic Rubber were Mexico ($513M), Canada ($388M), Belgium ($345M), Brazil ($282M), and Japan ($152M).

In 2022, United States imported $1.96B in Synthetic Rubber, mainly from South Korea ($308M), Japan ($264M), Germany ($210M), Chinese Taipei ($175M), and Mexico ($167M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR United States WERE (2021 - 2022):
Belgium$111M (47.3%)
Mexico$100M (24.3%)
Brazil$60.8M (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY United States WERE (2021 - 2022):
Chinese Taipei-$20.1M (-31.3%)
South Korea-$16.4M (-24.6%)
Singapore-$12.2M (-10.6%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Synthetic Rubber were:
South Korea $3.3B
Thailand $3.04B
In 2022, United States's main importing competitors in Synthetic Rubber were:
China $8.77B
India $1.33B

Explore Visualizations

Trade Value of Synthetic Rubber by Exporters

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms