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2022
Exports $67.4MWorld Rnk 1 / 136
Flag Rnk 922 / 1216
2022
Destination $5.36M Japan
2021 - 2022
FASTEST GROWING MARKET $5.36MJapan
2022
Imports $17.7MWorld Rnk 3 / 205
Flag Rnk 942 / 1212
2022
Origin $746k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $746kChinese Taipei
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $67.4M in Hard Rubber, making it the 1st largest exporter of Hard Rubber in the world. At the same year, Hard Rubber was the 922nd most exported product in China. The main destination of Hard Rubber exports from China are: Japan ($13.3M), United States ($6.47M), Australia ($4.83M), United Kingdom ($3.48M), and Singapore ($2.76M).

The fastest growing export markets for Hard Rubber of China between 2021 and 2022 were Japan ($5.36M), Singapore ($2.2M), and Australia ($1.88M).

Imports In 2022, China imported $17.7M in Hard Rubber, becoming the 3rd largest importer of Hard Rubber in the world. At the same year, Hard Rubber was the 942nd most imported product in China. China imports Hard Rubber primarily from: Chinese Taipei ($13.6M), Germany ($878k), Thailand ($670k), Malaysia ($489k), and Japan ($397k).

The fastest growing import markets in Hard Rubber for China between 2021 and 2022 were Chinese Taipei ($746k), Germany ($332k), and Portugal ($229k).

COMPANIES In 2023, leading companies such as Steve Silver (1) were at the forefront of shipping Hard Rubber from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Hard Rubber exports accounted up to $4.59M and imports accounted up to $716k, resulting in a positive trade balance of $3.88M. Between July 2023 and July 2024 the exports of China's   Hard Rubber have decreased by $-169k (-3.54%) from $4.76M to $4.59M, while imports increased by $122k (20.5%) from $595k to $716k.

Destinations In July 2024, Hard Rubber were exported mostly to United States ($712k), Netherlands ($321k), Thailand ($263k), Japan ($234k), and United Kingdom ($207k), and were imported mostly from United States ($283k), Japan ($131k), South Korea ($60k), Portugal ($46.3k), and Czechia ($42.7k).

Growth In July 2024, the decrease in Hard Rubber's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-515k or -66.2%), Mexico ($-318k or -69.2%), and France ($-136k or -66.1%). In July 2024, the increase in Hard Rubber's year-by-year imports was explained primarily by an increase in imports from Germany ($166k or 483%), United States ($109k or 155%), and Italy ($17.2k or 245%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-169k(-3.54%)
IMPORT GROWTH (July 2023 - July 2024)$122k(20.5%)
MAIN EXPORTER (July 2024)Guangdong Province$1.38M
MAIN DESTINATION (July 2024)United States$712k

This section shows Hard 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 Hard Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$67.4M
IMPORTS (2022)$17.7M
NET TRADE (2022)$49.7M

In 2022, China exported $67.4M in Hard Rubber. The main destinations of China exports on Hard Rubber were Japan ($13.3M), United States ($6.47M), Australia ($4.83M), United Kingdom ($3.48M), and Singapore ($2.76M).

In 2022, China imported $17.7M in Hard Rubber, mainly from Chinese Taipei ($13.6M), Germany ($878k), Thailand ($670k), Malaysia ($489k), and Japan ($397k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Rubber EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$5.36M (67.4%)
Singapore$2.2M (398%)
Australia$1.88M (63.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Rubber BY China WERE (2021 - 2022):
Vietnam-$6.35M (-79.5%)
Kenya-$1.17M (-96.9%)
Germany-$1.15M (-39%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hard Rubber were:
Chinese Taipei $47.2M
Thailand $20.4M
In 2022, China's main importing competitors in Hard Rubber were:
United States $33.1M
Japan $30.6M

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Trade Value of Hard Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $739k
TOP IMPORT POTENTIALThailand+ $235k

Hard Rubber’s highest export potential is Japan. With an export gap of $739k.   Hard Rubber’s highest import potential is Thailand with an import gap of $235k.

See methodology.

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