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2023
Exports $89MWorld Rnk 11 / 187
Flag Rnk 726 / 1217
2023
Destination $1.93M Mexico
2022 - 2023
FASTEST GROWING MARKET $1.93MMexico
2023
PRODUCT COMPLEXITY IN Rubber Apparel-0.51Rnk 707 / 1025
2023
Imports $2.3BWorld Rnk 1 / 224
Flag Rnk 212 / 1215
2023
Origin $4.66M Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $4.66MGuatemala
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $89M in Rubber Apparel, making it the 11th largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 726th most exported product in United States. The main destination of Rubber Apparel exports from United States are: Mexico ($13.7M), Canada ($9.2M), China ($5.8M), Costa Rica ($5.44M), and Malaysia ($3.15M).

The fastest growing export markets for Rubber Apparel of United States between 2022 and 2023 were Mexico ($1.93M), South Korea ($1.5M), and Guatemala ($1.06M).

Imports In 2023, United States imported $2.3B in Rubber Apparel, becoming the 1st largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 212th most imported product in United States. United States imports Rubber Apparel primarily from: Malaysia ($992M), Thailand ($580M), China ($483M), Indonesia ($110M), and Sri Lanka ($55.2M).

The fastest growing import markets in Rubber Apparel for United States between 2022 and 2023 were Guatemala ($4.66M), Germany ($1.04M), and Cambodia ($550k).

COMPANIES In 2023, leading companies such as Halyard Health (1.44k), Lollicup (48), and DuPont (12) were at the forefront of shipping Rubber Apparel to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Rubber Apparel exports accounted up to $12.8M and imports accounted up to $266M, resulting in a negative trade balance of $253M. Between November 2023 and November 2024 the exports of United States'   Rubber Apparel have decreased by $-2.51M (-16.4%) from $15.3M to $12.8M, while imports increased by $81M (43.8%) from $185M to $266M.

Destinations In November 2024, Rubber Apparel were exported mostly to Canada ($2.88M), Mexico ($2.63M), Venezuela ($1.38M), China ($600k), and Costa Rica ($519k), and were imported mostly from Malaysia ($120M), China ($70.2M), Thailand ($46.4M), Indonesia ($10.8M), and Vietnam ($7.76M).

Growth In November 2024, the decrease in Rubber Apparel's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-6.33M or -96.2%), Mexico ($-2.64M or -48.5%), and Canada ($-2.2M or -26.4%). In November 2024, the increase in Rubber Apparel's year-by-year imports was explained primarily by an increase in imports from Sri Lanka ($2.42M or 49.2%), South Korea ($218k or 170%), and Lithuania ($150k or 1.87k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-2.51M(-16.4%)
IMPORT GROWTH (November 2023 - November 2024)$81M(43.8%)
MAIN EXPORTER (November 2024)Florida$5.06M
MAIN DESTINATION (November 2024)Canada$2.88M

This section shows Rubber Apparel'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 Rubber Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$89M
IMPORTS (2023)$2.3B
NET TRADE (2023)-$2.21B

In 2023, United States exported $89M in Rubber Apparel. The main destinations of United States exports on Rubber Apparel were Mexico ($13.7M), Canada ($9.2M), China ($5.8M), Costa Rica ($5.44M), and Malaysia ($3.15M).

In 2023, United States imported $2.3B in Rubber Apparel, mainly from Malaysia ($992M), Thailand ($580M), China ($483M), Indonesia ($110M), and Sri Lanka ($55.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$1.93M (16.4%)
South Korea$1.5M (101%)
Guatemala$1.06M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY United States WERE (2022 - 2023):
Malaysia-$25.6M (-89.1%)
Costa Rica-$1.72M (-24%)
Australia-$1.48M (-57.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Rubber Apparel were:
Malaysia $3B
China $1.76B
Thailand $1.5B
In 2023, United States's main importing competitors in Rubber Apparel were:
Germany $504M
Japan $441M

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Trade Value of Rubber Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.3M
TOP IMPORT POTENTIALVietnam+ $16.7M

Rubber Apparel’s highest export potential is China. With an export gap of $4.3M.   Rubber Apparel’s highest import potential is Vietnam with an import gap of $16.7M.

See methodology.

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