400110 (Harmonized System 1992 for 6-digit)

About

Overview N/A

Natural rubber latex are a part of Rubber.

Exports In 2022 the top exporters of Natural rubber latex  were N/A.

Imports In 2022 the top importers of Natural rubber latex were N/A.

Ranking Natural rubber latex ranks 4595th in the Product Complexity Index (PCI).

Description Natural rubber latex is a water-based, elastic polymer obtained from the rubber tree. It is used in a variety of products due to its durability, elasticity, sensitivity to temperature, and other properties.

Latest Data

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The following visualization shows the latest trends on Natural rubber latex. 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

In 2022 Natural rubber latex were the world's 1332nd most traded product (out of 4,648).

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Exporters of Natural rubber latex (2022)
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Importers of Natural rubber latex (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Cote d'Ivoire$203M
Top Destination Growth (2021 -  2022)China$49.6M

Between 2021 and 2022, the exports of Natural rubber latex grew the fastest in Cote d'Ivoire ($203M), Vietnam ($85.5M), Ireland ($16.2M), Denmark ($1.71M), and Ghana ($1.38M).

Between 2021 and 2022, the fastest growing importers of Natural rubber latex were China ($49.6M), Malaysia ($38.5M), Vietnam ($14.5M), Poland ($4.53M), and Mexico ($4.32M).

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Exporters of Natural rubber latex (2021 - 2022)

Importers of Natural rubber latex (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural rubber latex.

In 2022, market concentration measured using Shannon Entropy, was 2.16. This means that most of the exports of Natural rubber latex are explained by 4 countries.

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Value of Exports in Natural rubber latex

Net Trade

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

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 Natural rubber latex.
It is possible to select the main countries that export or import Natural rubber latex in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Natural rubber latex 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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