2023
Exports
$10.2MWorld Rnk 34 / 131
Flag Rnk 870 / 1212
2023
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1011 / 1025
2023
Imports
$709MWorld Rnk 5 / 193
Flag Rnk 139 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $10.2M in Rubber, making it the 34th largest exporter of Rubber in the world. At the same year, Rubber was the 870th most exported product in India. The main destination of Rubber exports from India are: Malaysia ($2.31M), Sri Lanka ($1.55M), Slovakia ($977k), Saudi Arabia ($636k), and United States ($558k).

The fastest growing export markets for Rubber of India between 2022 and 2023 were Slovakia ($977k), Israel ($488k), and China ($337k).

Imports In 2023, India imported $709M in Rubber, becoming the 5th largest importer of Rubber in the world. At the same year, Rubber was the 139th most imported product in India. India imports Rubber primarily from: Indonesia ($223M), Vietnam ($149M), Thailand ($136M), Cote d'Ivoire ($112M), and Malaysia ($44.2M).

The fastest growing import markets in Rubber for India between 2022 and 2023 were Indonesia ($17.6M), Thailand ($16.7M), and Cambodia ($3.39M).

COMPANIES In 2023, leading companies such as Sobel Westex (4) were at the forefront of shipping Rubber from India to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubber. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.2M
IMPORTS (2023)$709M
NET TRADE (2023)-$699M

In 2023, India exported $10.2M in Rubber. The main destinations of India exports on Rubber were Malaysia ($2.31M), Sri Lanka ($1.55M), Slovakia ($977k), Saudi Arabia ($636k), and United States ($558k).

In 2023, India imported $709M in Rubber, mainly from Indonesia ($223M), Vietnam ($149M), Thailand ($136M), Cote d'Ivoire ($112M), and Malaysia ($44.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR India WERE (2022 - 2023):
Slovakia$977k (537k%)
Israel$488k (1.82k%)
China$337k (129k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY India WERE (2022 - 2023):
Malaysia-$3.87M (-62.6%)
United States-$1.4M (-71.5%)
Canada-$1.07M (-96.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Rubber were:
In 2023, India's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.78M
TOP IMPORT POTENTIALIndonesia+ $73.3M

Rubber’s highest export potential is Malaysia. With an export gap of $1.78M.   Rubber’s highest import potential is Indonesia with an import gap of $73.3M.

See methodology.

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