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2022
Exports $12.1MWorld Rnk 11 / 99
Flag Rnk 3095 / 4632
2022
Destination $903k Mexico
2021 - 2022
FASTEST GROWING MARKET $903kChina
2022
Imports $52.5MWorld Rnk 3 / 176
Flag Rnk 2601 / 4573
2022
Origin $615k Guatemala
2021 - 2022
FASTEST GROWING ORIGIN $615kSweden
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $12.1M in Natural rubber latex, making it the 11th largest exporter of Natural rubber latex in the world. At the same year, Natural rubber latex was the 3095th most exported product in United States. The main destination of Natural rubber latex exports from United States are: Mexico ($2.7M), Germany ($1.94M), Canada ($1.78M), China ($1.5M), and Costa Rica ($669k).

The fastest growing export markets for Natural rubber latex of United States between 2021 and 2022 were China ($903k), Costa Rica ($611k), and Mexico ($465k).

Imports In 2022, United States imported $52.5M in Natural rubber latex, becoming the 3rd largest importer of Natural rubber latex in the world. At the same year, Natural rubber latex was the 2601st most imported product in United States. United States imports Natural rubber latex primarily from: Guatemala ($15.1M), Vietnam ($11.9M), Thailand ($11.2M), Cameroon ($10.8M), and Sweden ($820k).

The fastest growing import markets in Natural rubber latex for United States between 2021 and 2022 were Sweden ($615k), Spain ($241k), and Mexico ($218k).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Natural rubber latex to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Natural rubber latex exports accounted up to $783k and imports accounted up to $2.52M, resulting in a negative trade balance of $1.74M. Between June 2023 and June 2024 the exports of United States'   Natural rubber latex have increased by $72.6k (10.2%) from $710k to $783k, while imports increased by $463k (22.5%) from $2.06M to $2.52M.

Destinations In June 2024, Natural rubber latex were exported mostly to Mexico ($227k), Netherlands ($121k), Canada ($116k), Germany ($92.6k), and China ($75.4k), and were imported mostly from Guatemala ($985k), Vietnam ($653k), Thailand ($548k), Sri Lanka ($218k), and Brazil ($61.6k).

Growth In June 2024, the increase in Natural rubber latex's year-by-year exports was explained primarily by an increase in exports to Costa Rica ($10.6k or 41%), India ($7.31k or 225%), and Canada ($1.44k or 0.76%). In June 2024, the increase in Natural rubber latex's year-by-year imports was explained primarily by an increase in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$72.6k(10.2%)
IMPORT GROWTH (June 2023 - June 2024)$463k(22.5%)
MAIN EXPORTER (June 2024)Colorado$944k
MAIN DESTINATION (June 2024)Mexico$227k

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.1M
IMPORTS (2022)$52.5M
NET TRADE (2022)-$40.4M

In 2022, United States exported $12.1M in Natural rubber latex. The main destinations of United States exports on Natural rubber latex were Mexico ($2.7M), Germany ($1.94M), Canada ($1.78M), China ($1.5M), and Costa Rica ($669k).

In 2022, United States imported $52.5M in Natural rubber latex, mainly from Guatemala ($15.1M), Vietnam ($11.9M), Thailand ($11.2M), Cameroon ($10.8M), and Sweden ($820k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural rubber latex EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$903k (150%)
Costa Rica$611k (1.05k%)
Mexico$465k (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural rubber latex BY United States WERE (2021 - 2022):
Netherlands-$1.03M (-88.6%)
Canada-$689k (-27.9%)
Belgium-$297k (-78.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Natural rubber latex were:
Thailand $1.39B
Vietnam $338M
Cote d'Ivoire $320M
In 2022, United States's main importing competitors in Natural rubber latex were:
Malaysia $874M
China $759M

Explore Visualizations

Trade Value of Natural rubber latex by Exporters

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