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401692 (Harmonized System 1992 for 6-digit)

2022
World Trade $188MRnk 3765 / 4648
2022
Top Exporter | Top Importer $122M | $17.1MChina | United States
2022
Product Complexity 0.79Rnk 1120 / 4653
2021 - 2022
Export Growth (CAGR) 38.5%Rnk 264 / 4648
2022
Share of World Trade 0.00079%Rnk 3765 / 4648

About

Overview This page contains the latest trade data of Erasers (vulcanised rubber). In 2022, Erasers (vulcanised rubber) were the world's 3765th most traded product, with a total trade of $188M. Between 2021 and 2022 the exports of Erasers (vulcanised rubber) grew by 38.5%, from $136M to $188M. Trade in Erasers (vulcanised rubber) represent 0.00079% of total world trade.

Erasers (vulcanised rubber) are a part of Other Rubber Products.

Exports In 2022 the top exporters of Erasers (vulcanised rubber)  were China ($122M), Spain ($6.48M), Poland ($6.37M), Mexico ($6.36M), and Germany ($5.18M).

Imports In 2022 the top importers of Erasers (vulcanised rubber) were United States ($17.1M), Germany ($12.2M), Mexico ($9.6M), India ($8.53M), and Italy ($5.48M).

Ranking Erasers (vulcanised rubber) ranks 1120th in the Product Complexity Index (PCI).

Description The common uses of erasers (vulcanised rubber) are in the public school and in a pencil-making factory. In the public school setting, erasers are used to remove mistakes from written work. In the pencil-making factory, erasers are used to remove mistakes from the pencils before they are packaged and shipped to the public schools.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Erasers (vulcanised rubber). Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$122M
Top Destination (2022)United States$17.1M

In 2022 Erasers (vulcanised rubber) were the world's 3765th most traded product (out of 4,648).

In 2022, the top exporters of Erasers (vulcanised rubber) were China ($122M), Spain ($6.48M), Poland ($6.37M), Mexico ($6.36M), and Germany ($5.18M).

In 2022, the top importers of Erasers (vulcanised rubber) were United States ($17.1M), Germany ($12.2M), Mexico ($9.6M), India ($8.53M), and Italy ($5.48M).

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Exporters of Erasers (vulcanised rubber) (2022)
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Importers of Erasers (vulcanised rubber) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$43.4M
Top Destination Growth (2021 -  2022)India$5.67M

Between 2021 and 2022, the exports of Erasers (vulcanised rubber) grew the fastest in China ($43.4M), Spain ($2.64M), Malaysia ($1.85M), Greece ($1.37M), and Mexico ($1.29M).

Between 2021 and 2022, the fastest growing importers of Erasers (vulcanised rubber) were India ($5.67M), Mexico ($4.36M), Iraq ($3.54M), United Arab Emirates ($2.7M), and Brazil ($2.37M).

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Exporters of Erasers (vulcanised rubber) (2021 - 2022)

Importers of Erasers (vulcanised rubber) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Erasers (vulcanised rubber).

In 2022, market concentration measured using Shannon Entropy, was 2.51. This means that most of the exports of Erasers (vulcanised rubber) are explained by 5 countries.

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Value of Exports in Erasers (vulcanised rubber)

Net Trade

TOP NET EXPORTER (2022)China$119M
TOP NET IMPORTER (2022)United States$15.4M

This map shows which countries export or import more of Erasers (vulcanised rubber). Each country is colored based on the difference in exports and imports of Erasers (vulcanised rubber) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Erasers (vulcanised rubber) were China ($119M), Chinese Taipei ($4.62M), Spain ($3.97M), Poland ($3.07M), and Czechia ($867k).

In 2022, the countries that had a largest trade value in imports than in exports of Erasers (vulcanised rubber) were United States ($15.4M), Germany ($6.98M), Indonesia ($4.91M), India ($4.88M), and Iraq ($4.73M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Erasers (vulcanised rubber).
It is possible to select the main countries that export or import Erasers (vulcanised rubber) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Erasers (vulcanised rubber) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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