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2022
Exports $834MWorld Rnk 2 / 129
Flag Rnk 282 / 1217
2022
Destination $15.4M Mexico
2021 - 2022
FASTEST GROWING MARKET $15.4MMexico
2022
PRODUCT COMPLEXITY IN Compounded Unvulcanised Rubber0.85Rnk 225 / 1025
2022
Imports $694MWorld Rnk 1 / 198
Flag Rnk 468 / 1216
2022
Origin $82.2M Canada
2021 - 2022
FASTEST GROWING ORIGIN $82.2MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $834M in Compounded Unvulcanised Rubber, making it the 2nd largest exporter of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 282nd most exported product in United States. The main destination of Compounded Unvulcanised Rubber exports from United States are: Mexico ($324M), Canada ($246M), China ($55.6M), India ($29.1M), and Brazil ($22.4M).

The fastest growing export markets for Compounded Unvulcanised Rubber of United States between 2021 and 2022 were Mexico ($15.4M), Turkey ($2.81M), and China ($2.67M).

Imports In 2022, United States imported $694M in Compounded Unvulcanised Rubber, becoming the 1st largest importer of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 468th most imported product in United States. United States imports Compounded Unvulcanised Rubber primarily from: Canada ($416M), Thailand ($94.9M), Germany ($40.6M), Mexico ($37.5M), and Japan ($23.1M).

The fastest growing import markets in Compounded Unvulcanised Rubber for United States between 2021 and 2022 were Canada ($82.2M), Mexico ($13.5M), and Germany ($13M).

COMPANIES In 2023, leading companies such as BRIDGESTONE AIRCRAFT TIRE (8), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (6), and Porsche (6) were at the forefront of shipping Compounded Unvulcanised Rubber to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Compounded Unvulcanised Rubber exports accounted up to $64.4M and imports accounted up to $58.3M, resulting in a positive trade balance of $6.07M. Between June 2023 and June 2024 the exports of United States'   Compounded Unvulcanised Rubber have decreased by $-7.5M (-10.4%) from $71.9M to $64.4M, while imports increased by $2.47M (4.41%) from $55.9M to $58.3M.

Destinations In June 2024, Compounded Unvulcanised Rubber were exported mostly to Mexico ($27.6M), Canada ($15.5M), China ($4.86M), India ($2.3M), and Brazil ($2.23M), and were imported mostly from Canada ($31.8M), Mexico ($7.6M), Thailand ($6.86M), Germany ($3.11M), and Brazil ($1.59M).

Growth In June 2024, the decrease in Compounded Unvulcanised Rubber's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-1.31M or -59.5%), China ($-1.07M or -27.1%), and Canada ($-677k or -3.07%). In June 2024, the increase in Compounded Unvulcanised Rubber's year-by-year imports was explained primarily by an increase in imports from Canada ($4.25M or 13.8%), Mexico ($2.99M or 156%), and Germany ($1.62M or 107%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-7.5M(-10.4%)
IMPORT GROWTH (June 2023 - June 2024)$2.47M(4.41%)
MAIN EXPORTER (June 2024)Texas$19.1M
MAIN DESTINATION (June 2024)Mexico$27.6M

This section shows Compounded Unvulcanised 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 Compounded Unvulcanised Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$834M
IMPORTS (2022)$694M
NET TRADE (2022)$140M

In 2022, United States exported $834M in Compounded Unvulcanised Rubber. The main destinations of United States exports on Compounded Unvulcanised Rubber were Mexico ($324M), Canada ($246M), China ($55.6M), India ($29.1M), and Brazil ($22.4M).

In 2022, United States imported $694M in Compounded Unvulcanised Rubber, mainly from Canada ($416M), Thailand ($94.9M), Germany ($40.6M), Mexico ($37.5M), and Japan ($23.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compounded Unvulcanised Rubber EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$15.4M (4.99%)
Turkey$2.81M (41.5%)
China$2.67M (5.05%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compounded Unvulcanised Rubber BY United States WERE (2021 - 2022):
Belgium-$11.5M (-38.1%)
Japan-$5.77M (-40.8%)
Canada-$5.49M (-2.18%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Compounded Unvulcanised Rubber were:
Germany $1.15B
Italy $609M
In 2022, United States's main importing competitors in Compounded Unvulcanised Rubber were:
Poland $544M
Germany $476M

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Trade Value of Compounded Unvulcanised Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.2M
TOP IMPORT POTENTIALGermany+ $21.4M

Compounded Unvulcanised Rubber’s highest export potential is China. With an export gap of $11.2M.   Compounded Unvulcanised Rubber’s highest import potential is Germany with an import gap of $21.4M.

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