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400280 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.2BRnk 705 / 4644
2023
Top Exporter | Top Importer $2.31B | $5.05BThailand | China
2023
Product Complexity -1.34Rnk 4134 / 4656
2022 - 2023
Export Growth (CAGR) -7.58%Rnk 2432 / 4644
2023
Share of World Trade 0.023%Rnk 705 / 4644

About

Overview This page contains the latest trade data of Mixtures of natural and synthetic rubbers. In 2023, Mixtures of natural and synthetic rubbers were the world's 705th most traded product, with a total trade of $5.2B. Between 2022 and 2023 the exports of Mixtures of natural and synthetic rubbers decreased by -7.58%, from $5.62B to $5.2B. Trade in Mixtures of natural and synthetic rubbers represent 0.023% of total world trade.

Mixtures of natural and synthetic rubbers are a part of Synthetic Rubber.

Exports In 2023 the top exporters of Mixtures of natural and synthetic rubbers  were Thailand ($2.31B), Vietnam ($1.98B), Malaysia ($493M), Burma ($130M), and Laos ($95.7M).

Imports In 2023 the top importers of Mixtures of natural and synthetic rubbers were China ($5.05B), Italy ($51.2M), Luxembourg ($35.6M), India ($13.2M), and Thailand ($7.92M).

Ranking Mixtures of natural and synthetic rubbers ranks 4134th in the Product Complexity Index (PCI).

Description Synthetic rubber is used in the production of tires and other products that require a durable, high-performance rubber. Natural rubber is used in the production of latex gloves and as a bonding agent for other rubbers.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Mixtures of natural and synthetic rubbers. 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)Thailand$2.31B
Top Destination (2023)China$5.05B

In 2023 Mixtures of natural and synthetic rubbers were the world's 705th most traded product (out of 4,644).

In 2023, the top exporters of Mixtures of natural and synthetic rubbers were Thailand ($2.31B), Vietnam ($1.98B), Malaysia ($493M), Burma ($130M), and Laos ($95.7M).

In 2023, the top importers of Mixtures of natural and synthetic rubbers were China ($5.05B), Italy ($51.2M), Luxembourg ($35.6M), India ($13.2M), and Thailand ($7.92M).

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Exporters of Mixtures of natural and synthetic rubbers (2023)
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Importers of Mixtures of natural and synthetic rubbers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Laos$23M
Top Destination Growth (2022 -  2023)Luxembourg$14.8M

Between 2022 and 2023, the exports of Mixtures of natural and synthetic rubbers grew the fastest in Laos ($23M), Vietnam ($20.4M), Czechia ($15.8M), Philippines ($7.09M), and Spain ($2.75M).

Between 2022 and 2023, the fastest growing importers of Mixtures of natural and synthetic rubbers were Luxembourg ($14.8M), Thailand ($4.54M), Portugal ($3.15M), Laos ($2.35M), and Indonesia ($1.56M).

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Exporters of Mixtures of natural and synthetic rubbers (2022 - 2023)

Importers of Mixtures of natural and synthetic rubbers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mixtures of natural and synthetic rubbers.

In 2023, market concentration measured using Shannon Entropy, was 1.91. This means that most of the exports of Mixtures of natural and synthetic rubbers are explained by 3 countries.

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Value of Exports in Mixtures of natural and synthetic rubbers

Net Trade

TOP NET EXPORTER (2023)Thailand$2.3B
TOP NET IMPORTER (2023)China$5.04B

This map shows which countries export or import more of Mixtures of natural and synthetic rubbers. Each country is colored based on the difference in exports and imports of Mixtures of natural and synthetic rubbers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mixtures of natural and synthetic rubbers were Thailand ($2.3B), Vietnam ($1.98B), Malaysia ($488M), Burma ($130M), and Laos ($93.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Mixtures of natural and synthetic rubbers were China ($5.04B), Italy ($49M), Luxembourg ($35.6M), India ($12.7M), and Poland ($3.86M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Mixtures of natural and synthetic rubbers.
It is possible to select the main countries that export or import Mixtures of natural and synthetic rubbers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mixtures of natural and synthetic rubbers 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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