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2022
Exports $36MWorld Rnk 2 / 116
Flag Rnk 908 / 1217
2022
Destination $4.6M Canada
2021 - 2022
FASTEST GROWING MARKET $4.6MIndia
2022
Imports $24MWorld Rnk 3 / 165
Flag Rnk 1061 / 1216
2022
Origin $400k Canada
2021 - 2022
FASTEST GROWING ORIGIN $400kItaly
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $36M in Scrap Rubber, making it the 2nd largest exporter of Scrap Rubber in the world. At the same year, Scrap Rubber was the 908th most exported product in United States. The main destination of Scrap Rubber exports from United States are: Canada ($6.81M), India ($6.26M), Mexico ($5.75M), Brazil ($4.77M), and Japan ($2.91M).

The fastest growing export markets for Scrap Rubber of United States between 2021 and 2022 were India ($4.6M), Brazil ($1.92M), and Thailand ($1.57M).

Imports In 2022, United States imported $24M in Scrap Rubber, becoming the 3rd largest importer of Scrap Rubber in the world. At the same year, Scrap Rubber was the 1061st most imported product in United States. United States imports Scrap Rubber primarily from: Canada ($18.1M), Mexico ($1.44M), Brazil ($840k), Italy ($639k), and Netherlands ($540k).

The fastest growing import markets in Scrap Rubber for United States between 2021 and 2022 were Italy ($400k), Poland ($252k), and Japan ($222k).

Latest Trends

September 2024

About

Overview In September 2024 United States' Scrap Rubber exports accounted up to $6.75M and imports accounted up to $2.12M, resulting in a positive trade balance of $4.63M. Between September 2023 and September 2024 the exports of United States'   Scrap Rubber have increased by $2.89M (75.1%) from $3.86M to $6.75M, while imports decreased by $-394k (-15.7%) from $2.52M to $2.12M.

Destinations In September 2024, Scrap Rubber were exported mostly to India ($4.48M), Canada ($877k), Belgium ($302k), Mexico ($249k), and South Korea ($214k), and were imported mostly from Canada ($1.62M), Mexico ($184k), Denmark ($72.6k), Brazil ($70.8k), and South Africa ($46.9k).

Growth In September 2024, the increase in Scrap Rubber's year-by-year exports was explained primarily by an increase in exports to India ($654k or 5.94k%), Mexico ($311k or 74%), and China ($243k or 1.43k%). In September 2024, the decrease in Scrap Rubber's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-25.3k or -34.8%), South Africa ($-17.1k or -92.6%), and Japan ($-1.03k or -61.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.89M(75.1%)
IMPORT GROWTH (September 2023 - September 2024)$-394k(-15.7%)
MAIN EXPORTER (September 2024)Puerto Rico$2.12M
MAIN DESTINATION (September 2024)India$4.48M

This section shows Scrap 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 Scrap Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36M
IMPORTS (2022)$24M
NET TRADE (2022)$12M

In 2022, United States exported $36M in Scrap Rubber. The main destinations of United States exports on Scrap Rubber were Canada ($6.81M), India ($6.26M), Mexico ($5.75M), Brazil ($4.77M), and Japan ($2.91M).

In 2022, United States imported $24M in Scrap Rubber, mainly from Canada ($18.1M), Mexico ($1.44M), Brazil ($840k), Italy ($639k), and Netherlands ($540k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Rubber EXPORT MARKETS FOR United States WERE (2021 - 2022):
India$4.6M (279%)
Brazil$1.92M (67.4%)
Thailand$1.57M (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Rubber BY United States WERE (2021 - 2022):
Japan-$2.1M (-41.9%)
China-$1.21M (-93.6%)
Mexico-$906k (-13.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Scrap Rubber were:
United Kingdom $52.2M
France $25M
In 2022, United States's main importing competitors in Scrap Rubber were:
India $87.9M
Turkey $27.9M

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Trade Value of Scrap Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $795k
TOP IMPORT POTENTIALItaly+ $417k

Scrap Rubber’s highest export potential is India. With an export gap of $795k.   Scrap Rubber’s highest import potential is Italy with an import gap of $417k.

See methodology.

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