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2023
Exports $390MWorld Rnk 3 / 157
Flag Rnk 423 / 1217
2023
Destination $20.2M Canada
2022 - 2023
FASTEST GROWING MARKET $20.2MMexico
2023
PRODUCT COMPLEXITY IN Rubber Sheets0.82Rnk 246 / 1025
2023
Imports $418MWorld Rnk 1 / 218
Flag Rnk 573 / 1215
2023
Origin $12.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $12.3MGermany
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $390M in Rubber Sheets, making it the 3rd largest exporter of Rubber Sheets in the world. At the same year, Rubber Sheets was the 423rd most exported product in United States. The main destination of Rubber Sheets exports from United States are: Canada ($111M), Mexico ($91.4M), United Kingdom ($34M), Netherlands ($25.6M), and Belgium ($19.5M).

The fastest growing export markets for Rubber Sheets of United States between 2022 and 2023 were Mexico ($20.2M), China ($4.99M), and South Korea ($932k).

Imports In 2023, United States imported $418M in Rubber Sheets, becoming the 1st largest importer of Rubber Sheets in the world. At the same year, Rubber Sheets was the 573rd most imported product in United States. United States imports Rubber Sheets primarily from: Germany ($113M), India ($43.7M), Canada ($41.1M), China ($37.9M), and Mexico ($33.5M).

The fastest growing import markets in Rubber Sheets for United States between 2022 and 2023 were Germany ($12.3M), Malaysia ($3.7M), and Sri Lanka ($2.09M).

COMPANIES In 2023, leading companies such as Magna International (69), BSH Home Appliances (20), and SMP Automotive (17) were at the forefront of shipping Rubber Sheets to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Rubber Sheets exports accounted up to $27.1M and imports accounted up to $37M, resulting in a negative trade balance of $9.92M. Between November 2023 and November 2024 the exports of United States'   Rubber Sheets have decreased by $-3.26M (-10.7%) from $30.3M to $27.1M, while imports increased by $1.58M (4.46%) from $35.4M to $37M.

Destinations In November 2024, Rubber Sheets were exported mostly to Canada ($10.8M), Mexico ($5.64M), Netherlands ($2.61M), United Kingdom ($2.35M), and Belgium ($1.35M), and were imported mostly from Germany ($12.2M), India ($4.04M), China ($3.2M), Canada ($2.54M), and Japan ($2.17M).

Growth In November 2024, the decrease in Rubber Sheets's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-3.82M or -84.5%), Belgium ($-926k or -48.5%), and China ($-361k or -52.8%). In November 2024, the increase in Rubber Sheets's year-by-year imports was explained primarily by an increase in imports from South Korea ($707k or 86.8%), Sri Lanka ($562k or 197%), and Thailand ($243k or 41.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-3.26M(-10.7%)
IMPORT GROWTH (November 2023 - November 2024)$1.58M(4.46%)
MAIN EXPORTER (November 2024)Arkansas$11.3M
MAIN DESTINATION (November 2024)Canada$10.8M

This section shows Rubber Sheets'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 Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$390M
IMPORTS (2023)$418M
NET TRADE (2023)-$27.7M

In 2023, United States exported $390M in Rubber Sheets. The main destinations of United States exports on Rubber Sheets were Canada ($111M), Mexico ($91.4M), United Kingdom ($34M), Netherlands ($25.6M), and Belgium ($19.5M).

In 2023, United States imported $418M in Rubber Sheets, mainly from Germany ($113M), India ($43.7M), Canada ($41.1M), China ($37.9M), and Mexico ($33.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Sheets EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$20.2M (28.4%)
China$4.99M (69%)
South Korea$932k (58.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Sheets BY United States WERE (2022 - 2023):
Belgium-$18M (-48%)
United Kingdom-$17.6M (-34.1%)
Netherlands-$15.1M (-37.1%)
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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 Sheets were:
Germany $889M
China $476M
In 2023, United States's main importing competitors in Rubber Sheets were:
Germany $347M
France $226M

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Trade Value of Rubber Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.55M
TOP IMPORT POTENTIALChina+ $17.8M

Rubber Sheets’s highest export potential is China. With an export gap of $6.55M.   Rubber Sheets’s highest import potential is China with an import gap of $17.8M.

See methodology.

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