NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $53.2MWorld Rnk 3 / 109
Flag Rnk 934 / 1215
2023
Destination $6.13M Vietnam
2022 - 2023
FASTEST GROWING MARKET $6.13MVietnam
2023
PRODUCT COMPLEXITY IN Rubber Thread0.34Rnk 444 / 1025
2023
Imports $240MWorld Rnk 1 / 198
Flag Rnk 476 / 1214
2023
Origin $100k Thailand
2022 - 2023
FASTEST GROWING ORIGIN $100kIreland
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $53.2M in Rubber Thread, making it the 3rd largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 934th most exported product in China. The main destination of Rubber Thread exports from China are: Vietnam ($8.38M), Sudan ($3.56M), Iraq ($2.01M), United States ($1.88M), and Saudi Arabia ($1.78M).

The fastest growing export markets for Rubber Thread of China between 2022 and 2023 were Vietnam ($6.13M), South Korea ($640k), and Ethiopia ($604k).

Imports In 2023, China imported $240M in Rubber Thread, becoming the 1st largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 476th most imported product in China. China imports Rubber Thread primarily from: Thailand ($190M), Malaysia ($43M), Indonesia ($3.97M), Vietnam ($1.47M), and India ($397k).

The fastest growing import markets in Rubber Thread for China between 2022 and 2023 were Ireland ($100k), Netherlands ($11.5k), and United Kingdom ($9.9k).

COMPANIES In 2024, leading companies such as Goodyear Tire and Rubber (51), CrimsonLogic (30), and Costco Wholesale (24) were at the forefront of shipping Rubber Thread from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Rubber Thread exports accounted up to $11.5M and imports accounted up to $23.1M, resulting in a negative trade balance of $11.6M. Between December 2023 and December 2024 the exports of China's   Rubber Thread have increased by $1.15M (11.1%) from $10.4M to $11.5M, while imports increased by $2.2M (10.6%) from $20.9M to $23.1M.

Destinations In December 2024, Rubber Thread were exported mostly to United States ($1.27M), Vietnam ($615k), Malaysia ($461k), Philippines ($430k), and Thailand ($399k), and were imported mostly from Thailand ($18.5M), Malaysia ($3.81M), Indonesia ($592k), Vietnam ($76.4k), and Japan ($54.6k).

Growth In December 2024, the increase in Rubber Thread's year-by-year exports was explained primarily by an increase in exports to Vietnam ($267k or 40.1%), Pakistan ($259k or 173%), and Saudi Arabia ($182k or 68.4%). In December 2024, the increase in Rubber Thread's year-by-year imports was explained primarily by an increase in imports from Malaysia ($2.15M or 83.7%), Thailand ($1.13M or 9.64%), and Vietnam ($126k or 204%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.15M(11.1%)
IMPORT GROWTH (December 2023 - December 2024)$2.2M(10.6%)
MAIN EXPORTER (December 2024)Zhejiang Province$10.3M
MAIN DESTINATION (December 2024)United States$1.27M

This section shows Rubber Thread's exports and imports data at subnational level for China. 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 Thread over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$53.2M
IMPORTS (2023)$240M
NET TRADE (2023)-$187M

In 2023, China exported $53.2M in Rubber Thread. The main destinations of China exports on Rubber Thread were Vietnam ($8.38M), Sudan ($3.56M), Iraq ($2.01M), United States ($1.88M), and Saudi Arabia ($1.78M).

In 2023, China imported $240M in Rubber Thread, mainly from Thailand ($190M), Malaysia ($43M), Indonesia ($3.97M), Vietnam ($1.47M), and India ($397k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$6.13M (271%)
South Korea$640k (202%)
Ethiopia$604k (355%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY China WERE (2022 - 2023):
United Kingdom-$9.53M (-88.5%)
Sudan-$2.7M (-43.1%)
Angola-$2.61M (-76.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Rubber Thread were:
Thailand $282M
Malaysia $106M
In 2023, China's main importing competitors in Rubber Thread were:
Vietnam $23M
Bangladesh $22.2M

Explore Visualizations

Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $1.36M
TOP IMPORT POTENTIALVietnam+ $2.74M

Rubber Thread’s highest export potential is Vietnam. With an export gap of $1.36M.   Rubber Thread’s highest import potential is Vietnam with an import gap of $2.74M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms