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2023
Exports $4.37MWorld Rnk 21 / 125
Flag Rnk 1142 / 1215
2023
Destination $374k United Arab Emirates
2022 - 2023
FASTEST GROWING MARKET $374kPhilippines
2023
Imports $1.6MWorld Rnk 32 / 167
Flag Rnk 1144 / 1214
2023
Origin $372k Thailand
2022 - 2023
FASTEST GROWING ORIGIN $372kThailand
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $4.37M in Scrap Rubber, making it the 21st largest exporter of Scrap Rubber in the world. At the same year, Scrap Rubber was the 1142nd most exported product in China. The main destination of Scrap Rubber exports from China are: United Arab Emirates ($1.38M), Philippines ($374k), Norway ($356k), Malaysia ($185k), and Thailand ($172k).

The fastest growing export markets for Scrap Rubber of China between 2022 and 2023 were Philippines ($374k), Norway ($341k), and United Arab Emirates ($193k).

Imports In 2023, China imported $1.6M in Scrap Rubber, becoming the 32nd largest importer of Scrap Rubber in the world. At the same year, Scrap Rubber was the 1144th most imported product in China. China imports Scrap Rubber primarily from: Thailand ($480k), United States ($424k), Japan ($296k), Chinese Taipei ($130k), and Malaysia ($105k).

The fastest growing import markets in Scrap Rubber for China between 2022 and 2023 were Thailand ($372k), United States ($341k), and Malaysia ($95.3k).

Latest Trends

December 2024

About

Overview In December 2024 China's Scrap Rubber exports accounted up to $147k and imports accounted up to $1.29M, resulting in a negative trade balance of $1.15M. Between December 2023 and December 2024 the exports of China's   Scrap Rubber have decreased by $-466k (-76%) from $614k to $147k, while imports increased by $1.22M (1.61k%) from $75.7k to $1.29M.

Destinations In December 2024, Scrap Rubber were exported mostly to Thailand ($73.1k), Malaysia ($22.2k), Laos ($10.3k), United States ($9.71k), and Vietnam ($6.58k), and were imported mostly from Thailand ($934k), Mongolia ($101k), Malaysia ($96.2k), Vietnam ($73.7k), and China ($47.5k).

Growth In December 2024, the decrease in Scrap Rubber's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-622k or -90.2%) and Thailand ($-311k or -85%). In December 2024, the increase in Scrap Rubber's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-466k(-76%)
IMPORT GROWTH (December 2023 - December 2024)$1.22M(1.61k%)
MAIN EXPORTER (December 2024)Guangdong Province$275k
MAIN DESTINATION (December 2024)Thailand$73.1k

This section shows Scrap 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 Scrap Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.37M
IMPORTS (2023)$1.6M
NET TRADE (2023)$2.77M

In 2023, China exported $4.37M in Scrap Rubber. The main destinations of China exports on Scrap Rubber were United Arab Emirates ($1.38M), Philippines ($374k), Norway ($356k), Malaysia ($185k), and Thailand ($172k).

In 2023, China imported $1.6M in Scrap Rubber, mainly from Thailand ($480k), United States ($424k), Japan ($296k), Chinese Taipei ($130k), and Malaysia ($105k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Rubber EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$374k (558k%)
Norway$341k (2.21k%)
United Arab Emirates$193k (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Rubber BY China WERE (2022 - 2023):
Djibouti-$971k (-98.2%)
Oman-$599k (-100%)
Thailand-$330k (-65.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Scrap Rubber were:
United States $70.2M
United Kingdom $58.3M
France $29.5M
In 2023, China's main importing competitors in Scrap Rubber were:
India $138M
Turkey $48.9M
United States $29.5M

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Trade Value of Scrap Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $376k
TOP IMPORT POTENTIALUnited States+ $98k

Scrap Rubber’s highest export potential is India. With an export gap of $376k.   Scrap Rubber’s highest import potential is United States with an import gap of $98k.

See methodology.

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