Pharmaceutical Rubber Products | OEC - The Observatory of Economic Complexity

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Overview This page contains the latest trade data of Pharmaceutical Rubber Products. In 2021, Pharmaceutical Rubber Products were the world's 850th most traded product, with a total trade of $1.46B. Between 2020 and 2021 the exports of Pharmaceutical Rubber Products grew by 8.88%, from $1.34B to $1.46B. Trade in Pharmaceutical Rubber Products represent 0.000069% of total world trade.

Pharmaceutical Rubber Products are a part of Rubber & articles thereof. They include Rubber hygienic, pharmacy items except contraceptives and Sheath contraceptives.

Exports In 2021 the top exporters of Pharmaceutical Rubber Products were Thailand ($275M), China ($205M), France ($134M), Malaysia ($102M), and Hong Kong ($82.2M).

Imports In 2021 the top importers of Pharmaceutical Rubber Products were China ($160M), United States ($91.9M), Germany ($89.6M), United Kingdom ($53.1M), and Hong Kong ($47.5M).

Tariffs In 2018 the average tariff for Pharmaceutical Rubber Products was 4.14%, making it the 977th lowest tariff using the HS4 product classification.

Ranking Pharmaceutical Rubber Products ranks 497th in the Product Complexity Index (PCI).

Description Some common uses of hygienic or pharmaceutical articles of vulcanised rubber are condoms, gloves, and catheters.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pharmaceutical Rubber Products. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Trade By Country

Year

Top Origin (2021): Thailand, $275M

Top Destination (2021): China, $160M

Pharmaceutical Rubber Products are the world's 850th most traded product.

In 2021, the top exporters of Pharmaceutical Rubber Products were Thailand ($275M), China ($205M), France ($134M), Malaysia ($102M), and Hong Kong ($82.2M).

In 2021, the top importers of Pharmaceutical Rubber Products were China ($160M), United States ($91.9M), Germany ($89.6M), United Kingdom ($53.1M), and Hong Kong ($47.5M).

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Market Dynamics

Trade by country

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Top Origin Growth (2020 - 2021): Hong Kong, $62.8M

Top Destination Growth (2020 - 2021): China, $83.3M

Between 2020 and 2021, the exports of Pharmaceutical Rubber Products grew the fastest in Hong Kong ($62.8M), China ($41.2M), Ireland ($17.1M), Hungary ($12.9M), and Netherlands ($11.6M).

Between 2020 and 2021, the fastest growing importers of Pharmaceutical Rubber Products were China ($83.3M), Hong Kong ($12.8M), Republic of the Congo ($12.1M), South Africa ($11.6M), and Thailand ($8.6M).

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Market Concentration

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Pharmaceutical Rubber Products.

In 2021, market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Pharmaceutical Rubber Products are explained by 20 countries.

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Net Trade

Year

TOP NET EXPORTER (2021): Thailand, $259M

TOP NET IMPORTER (2021): United States, $54.5M

This map shows which countries export or import more of Pharmaceutical Rubber Products. Each country is colored based on the difference in exports and imports of Pharmaceutical Rubber Products during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Pharmaceutical Rubber Products were Thailand ($259M), France ($96.6M), Malaysia ($85.2M), India ($56.8M), and China ($45.5M).

In 2021, the countries that had a largest trade value in imports than in exports of Pharmaceutical Rubber Products were United States ($54.5M), Brazil ($38.8M), Saudi Arabia ($36.4M), Germany ($30.7M), and United Kingdom ($30.6M).

Disaggregation

Value

YearCountry

In 2021, the world most traded Pharmaceutical Rubber Products, disaggragated by their HS6 level were Sheath contraceptives ($810M) and Rubber hygienic, pharmacy items except contraceptives ($649M)

Country Comparison

Continents

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

Product Complexity

Diversification Frontier

Specialization

Year

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.

Country by Relatedness

Year

The following visualization shows the relatedness of Pharmaceutical Rubber Products to countries. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Exporters and Importers

Market Dynamics

Market Concentration

Net Trade

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Product Complexity

Diversification Frontier

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