400260 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Isoprene rubber (IR). In 2023, Isoprene rubber (IR) were the world's 2405th most traded product, with a total trade of $771M. Between 2022 and 2023 the exports of Isoprene rubber (IR) decreased by -27.6%, from $1.06B to $771M. Trade in Isoprene rubber (IR) represent 0.0034% of total world trade.

Isoprene rubber (IR) are a part of Synthetic Rubber.

Exports In 2023 the top exporters of Isoprene rubber (IR)  were Russia ($247M), Japan ($173M), United States ($114M), Brazil ($62M), and China ($33.1M).

Imports In 2023 the top importers of Isoprene rubber (IR) were China ($113M), Thailand ($87.9M), Malaysia ($51.8M), Brazil ($41.4M), and Turkey ($37.7M).

Ranking Isoprene rubber (IR) ranks 2021st in the Product Complexity Index (PCI).

Description Most isoprene rubber is used in the production of synthetic rubber with great tensile strength and elasticity.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Isoprene rubber (IR). 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 (2023)Russia$247M
Top Destination (2023)China$113M

In 2023 Isoprene rubber (IR) were the world's 2405th most traded product (out of 4,644).

In 2023, the top exporters of Isoprene rubber (IR) were Russia ($247M), Japan ($173M), United States ($114M), Brazil ($62M), and China ($33.1M).

In 2023, the top importers of Isoprene rubber (IR) were China ($113M), Thailand ($87.9M), Malaysia ($51.8M), Brazil ($41.4M), and Turkey ($37.7M).

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Exporters of Isoprene rubber (IR) (2023)
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Importers of Isoprene rubber (IR) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Malaysia$10.1M
Top Destination Growth (2022 -  2023)Lithuania$8.36M

Between 2022 and 2023, the exports of Isoprene rubber (IR) grew the fastest in Malaysia ($10.1M), Lithuania ($8.17M), Malta ($5.2M), Turkey ($4.87M), and Poland ($2.08M).

Between 2022 and 2023, the fastest growing importers of Isoprene rubber (IR) were Lithuania ($8.36M), Indonesia ($5.15M), Brazil ($4.97M), Argentina ($4.67M), and Chile ($2.14M).

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Exporters of Isoprene rubber (IR) (2022 - 2023)

Importers of Isoprene rubber (IR) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Isoprene rubber (IR).

In 2023, market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Isoprene rubber (IR) are explained by 8 countries.

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Value of Exports in Isoprene rubber (IR)

Net Trade

TOP NET EXPORTER (2023)Russia$247M
TOP NET IMPORTER (2023)China$79.6M

This map shows which countries export or import more of Isoprene rubber (IR). Each country is colored based on the difference in exports and imports of Isoprene rubber (IR) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Isoprene rubber (IR) were Russia ($247M), Japan ($145M), United States ($89.8M), Brazil ($20.6M), and Malta ($5.19M).

In 2023, the countries that had a largest trade value in imports than in exports of Isoprene rubber (IR) were China ($79.6M), Thailand ($78M), Malaysia ($39.4M), Germany ($31.4M), and Mexico ($28M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Isoprene rubber (IR) 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 (2023)

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