HS Icon Synthetic Rubber in  Flag Burma

2020
Exports | Imports
: $113M | $11.4M, World Rnk 25 / 125
Flag Rnk 32 / 871 | World Rnk 66 / 204
Flag Rnk 325 / 1154

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $35.9M | $1.1M, China |  Russia

2020
ECONOMIC COMPLEXITY of Burma
: -1.18, Rnk 110 / 127

2020
PRODUCT COMPLEXITY  IN Synthetic Rubber
: 0.76, Rnk 249 / 1029

Exports In 2020, Burma exported $113M in Synthetic Rubber, making it the 25th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 32nd most exported product in Burma. The main destination of Synthetic Rubber exports from Burma are: China ($112M), Thailand ($557k), United States ($252k), Japan ($64.2k), and Malaysia ($27.5k).

The fastest growing export markets for Synthetic Rubber of Burma between 2019 and 2020 were China ($35.9M), United States ($252k), and Japan ($61.5k).

Imports In 2020, Burma imported $11.4M in Synthetic Rubber, becoming the 66th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 325th most imported product in Burma. Burma imports Synthetic Rubber primarily from: China ($4.67M), South Korea ($1.57M), Russia ($1.29M), Chinese Taipei ($1.27M), and Thailand ($902k).

The fastest growing import markets in Synthetic Rubber for Burma between 2019 and 2020 were Russia ($1.1M), China ($1.06M), and Thailand ($163k).

Tariffs In 2019, the average tariff for Burma in Synthetic Rubber was 2.87%. The countries with the highest import tariffs for Synthetic Rubber were Angola (Most Favoured Nation duty rate treatement, 3%), Burundi (Most Favoured Nation duty rate treatement, 3%), Benin (Most Favoured Nation duty rate treatement, 3%), Burkina Faso (Most Favoured Nation duty rate treatement, 3%), and Botswana (Most Favoured Nation duty rate treatement, 3%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Synthetic 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

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EXPORTS (2020): $113M

IMPORTS (2020): $11.4M

NET TRADE (2020): $101M

In 2020, Burma exported $113M in Synthetic Rubber. The main destinations of Burma exports on Synthetic Rubber were China ($112M), Thailand ($557k), United States ($252k), Japan ($64.2k), and Malaysia ($27.5k).

In 2020, Burma imported $11.4M in Synthetic Rubber, mainly from China ($4.67M), South Korea ($1.57M), Russia ($1.29M), Chinese Taipei ($1.27M), and Thailand ($902k).

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THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Burma WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Burma WERE (2019 - 2020):

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Market Concentration

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In 2020, Burma's main exporting competitors in Synthetic Rubber were:

In 2020, Burma's main importing competitors in Synthetic Rubber were:

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