2022
Exports
$73.9MWorld Rnk 19 / 131
Flag Rnk 799 / 1217
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$2.06BWorld Rnk 2 / 192
Flag Rnk 243 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $73.9M in Rubber, making it the 19th largest exporter of Rubber in the world. At the same year, Rubber was the 799th most exported product in United States. The main destination of Rubber exports from United States are: Canada ($28.9M), Mexico ($27.1M), Brazil ($3.48M), Germany ($2.24M), and China ($1.79M).

The fastest growing export markets for Rubber of United States between 2021 and 2022 were Brazil ($1.88M), China ($862k), and Mexico ($847k).

Imports In 2022, United States imported $2.06B in Rubber, becoming the 2nd largest importer of Rubber in the world. At the same year, Rubber was the 243rd most imported product in United States. United States imports Rubber primarily from: Indonesia ($998M), Thailand ($517M), Cote d'Ivoire ($203M), Liberia ($87.3M), and Vietnam ($61.3M).

The fastest growing import markets in Rubber for United States between 2021 and 2022 were Thailand ($37.3M), Cote d'Ivoire ($22M), and Liberia ($9.48M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (816), Continental Tire (561), and Yokohama Industries (213) were at the forefront of shipping Rubber to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.11M(23.1%)
IMPORT GROWTH (July 2023 - July 2024)$865k(0.71%)
MAIN EXPORTER (July 2024)Tennessee$3.6M
MAIN DESTINATION (July 2024)Mexico$3.4M

This section shows Rubber'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$73.9M
IMPORTS (2022)$2.06B
NET TRADE (2022)-$1.99B

In 2022, United States exported $73.9M in Rubber. The main destinations of United States exports on Rubber were Canada ($28.9M), Mexico ($27.1M), Brazil ($3.48M), Germany ($2.24M), and China ($1.79M).

In 2022, United States imported $2.06B in Rubber, mainly from Indonesia ($998M), Thailand ($517M), Cote d'Ivoire ($203M), Liberia ($87.3M), and Vietnam ($61.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR United States WERE (2021 - 2022):
Brazil$1.88M (118%)
China$862k (92.5%)
Mexico$847k (3.22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY United States WERE (2021 - 2022):
Netherlands-$1.13M (-83%)
Mozambique-$992k (-100%)
Ecuador-$822k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Rubber were:
In 2022, United States's main importing competitors in Rubber were:
China $3.82B

Explore Visualizations

Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.91M
TOP IMPORT POTENTIALCote d'Ivoire+ $68.4M

Rubber’s highest export potential is China. With an export gap of $3.91M.   Rubber’s highest import potential is Cote d'Ivoire with an import gap of $68.4M.

See methodology.

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