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2023
Exports $49.3MWorld Rnk 19 / 131
Flag Rnk 941 / 1215
2023
Destination $11M Malaysia
2022 - 2023
FASTEST GROWING MARKET $11MMalaysia
2023
PRODUCT COMPLEXITY IN Rubber-2.34Rnk 1011 / 1025
2023
Imports $3.51BWorld Rnk 1 / 193
Flag Rnk 93 / 1214
2023
Origin $199M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $199MCote d'Ivoire
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $49.3M in Rubber, making it the 19th largest exporter of Rubber in the world. At the same year, Rubber was the 941st most exported product in China. The main destination of Rubber exports from China are: Malaysia ($12.6M), North Korea ($10.6M), Poland ($2.99M), Vietnam ($2.8M), and Laos ($1.83M).

The fastest growing export markets for Rubber of China between 2022 and 2023 were Malaysia ($11M), North Korea ($3.05M), and Serbia ($1.32M).

Imports In 2023, China imported $3.51B in Rubber, becoming the 1st largest importer of Rubber in the world. At the same year, Rubber was the 93rd most imported product in China. China imports Rubber primarily from: Thailand ($1.38B), Cote d'Ivoire ($609M), Malaysia ($373M), Indonesia ($293M), and Vietnam ($257M).

The fastest growing import markets in Rubber for China between 2022 and 2023 were Cote d'Ivoire ($199M), Ghana ($9.27M), and Cameroon ($5.01M).

COMPANIES In 2024, leading companies such as Medical Depot (16), Chicken of the Sea (7), and Sailun Tire (4) were at the forefront of shipping Rubber from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Rubber exports accounted up to $4.35M and imports accounted up to $476M, resulting in a negative trade balance of $472M. Between December 2023 and December 2024 the exports of China's   Rubber have increased by $1.52M (53.5%) from $2.84M to $4.35M, while imports increased by $129M (37%) from $348M to $476M.

Destinations In December 2024, Rubber were exported mostly to Vietnam ($2.82M), Kenya ($478k), North Korea ($375k), Djibouti ($197k), and United Arab Emirates ($196k), and were imported mostly from Thailand ($132M), Laos ($75.8M), Cote d'Ivoire ($75.4M), Vietnam ($58.8M), and Indonesia ($45.5M).

Growth In December 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to Vietnam ($587k or 189k%), Kenya ($131k or 30.4%), and Bangladesh ($5.63k or 103%). In December 2024, the increase in Rubber's year-by-year imports was explained primarily by an increase in imports from Vietnam ($23.2M or 113%), Thailand ($23.1M or 29.5%), and Malaysia ($7.54M or 29.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.52M(53.5%)
IMPORT GROWTH (December 2023 - December 2024)$129M(37%)
MAIN EXPORTER (December 2024)Shandong Province$3.48M
MAIN DESTINATION (December 2024)Vietnam$2.82M

This section shows Rubber'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$49.3M
IMPORTS (2023)$3.51B
NET TRADE (2023)-$3.46B

In 2023, China exported $49.3M in Rubber. The main destinations of China exports on Rubber were Malaysia ($12.6M), North Korea ($10.6M), Poland ($2.99M), Vietnam ($2.8M), and Laos ($1.83M).

In 2023, China imported $3.51B in Rubber, mainly from Thailand ($1.38B), Cote d'Ivoire ($609M), Malaysia ($373M), Indonesia ($293M), and Vietnam ($257M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR China WERE (2022 - 2023):
Malaysia$11M (690%)
North Korea$3.05M (40.7%)
Serbia$1.32M (23.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY China WERE (2022 - 2023):
Russia-$11.5M (-91.2%)
Djibouti-$2.02M (-89.7%)
Uzbekistan-$1.07M (-48.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Rubber were:
Thailand $3.95B
Indonesia $2.91B
Cote d'Ivoire $2.43B
In 2023, China's main importing competitors in Rubber were:
United States $1.47B
Malaysia $1.28B

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $3.42M
TOP IMPORT POTENTIALIndonesia+ $167M

Rubber’s highest export potential is Vietnam. With an export gap of $3.42M.   Rubber’s highest import potential is Indonesia with an import gap of $167M.

See methodology.

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