2023
Exports
$34.3MWorld Rnk 10 / 147
Flag Rnk 892 / 1217
2023
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.34Rnk 442 / 1025
2023
Imports
$91.7MWorld Rnk 2 / 214
Flag Rnk 876 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $34.3M in Pharmaceutical Rubber Products, making it the 10th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 892nd most exported product in United States. The main destination of Pharmaceutical Rubber Products exports from United States are: Canada ($4.42M), United Kingdom ($3.64M), Mexico ($3.32M), Netherlands ($3.15M), and Dominican Republic ($1.72M).

The fastest growing export markets for Pharmaceutical Rubber Products of United States between 2022 and 2023 were Dominican Republic ($1.23M), Singapore ($697k), and United Kingdom ($675k).

Imports In 2023, United States imported $91.7M in Pharmaceutical Rubber Products, becoming the 2nd largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 876th most imported product in United States. United States imports Pharmaceutical Rubber Products primarily from: Thailand ($30.7M), India ($15.4M), France ($14.7M), Malaysia ($7.56M), and Japan ($5.4M).

The fastest growing import markets in Pharmaceutical Rubber Products for United States between 2022 and 2023 were France ($12.8M), Malaysia ($1.94M), and Hungary ($1.23M).

COMPANIES In 2023, leading companies such as Amazon (2), CrimsonLogic (2), and IKEA Group (1) were at the forefront of shipping Pharmaceutical Rubber Products to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-385k(-14.8%)
IMPORT GROWTH (November 2023 - November 2024)$155k(2.16%)
MAIN EXPORTER (November 2024)Illinois$878k
MAIN DESTINATION (November 2024)Canada$749k

This section shows Pharmaceutical Rubber Products'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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$34.3M
IMPORTS (2023)$91.7M
NET TRADE (2023)-$57.3M

In 2023, United States exported $34.3M in Pharmaceutical Rubber Products. The main destinations of United States exports on Pharmaceutical Rubber Products were Canada ($4.42M), United Kingdom ($3.64M), Mexico ($3.32M), Netherlands ($3.15M), and Dominican Republic ($1.72M).

In 2023, United States imported $91.7M in Pharmaceutical Rubber Products, mainly from Thailand ($30.7M), India ($15.4M), France ($14.7M), Malaysia ($7.56M), and Japan ($5.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR United States WERE (2022 - 2023):
Dominican Republic$1.23M (254%)
Singapore$697k (470%)
United Kingdom$675k (22.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY United States WERE (2022 - 2023):
Mexico-$6.63M (-66.6%)
Zambia-$1.04M (-95.5%)
Mozambique-$817k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Pharmaceutical Rubber Products were:
In 2023, United States's main importing competitors in Pharmaceutical Rubber Products were:
China $146M
Italy $73.9M

Explore Visualizations

Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.4M
TOP IMPORT POTENTIALChina+ $4.19M

Pharmaceutical Rubber Products’s highest export potential is China. With an export gap of $1.4M.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $4.19M.

See methodology.

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