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Vulcanised rubber thread and cord

4007 (Harmonized System 1992 for 4-digit)

2022
World Trade $756MRnk 994 / 1218
2022
Top Exporter | Top Importer $386M | $308MThailand | China
2022
Product Complexity 0.43Rnk 402 / 1033
2021 - 2022
Export Growth (CAGR) -8.82%Rnk 1098 / 1218
2022
Share of World Trade 0.0032%Rnk 994 / 1218

About

Overview This page contains the latest trade data of Rubber Thread. In 2022, Rubber Thread were the world's 994th most traded product, with a total trade of $756M. Between 2021 and 2022 the exports of Rubber Thread decreased by -8.82%, from $829M to $756M. Trade in Rubber Thread represent 0.0032% of total world trade.

Rubber Thread are a part of Rubber & articles thereof. They include Vulcanised rubber thread and cord.

Exports In 2022 the top exporters of Rubber Thread  were Thailand ($386M), Malaysia ($168M), China ($107M), India ($19.6M), and Vietnam ($9.57M).

Imports In 2022 the top importers of Rubber Thread were China ($308M), Bangladesh ($45.3M), Vietnam ($28.1M), Indonesia ($25.6M), and Italy ($21.2M).

Ranking Rubber Thread ranks 402nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rubber Thread. 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)Thailand$386M
Top Destination (2022)China$308M

In 2022 Rubber Thread were the world's 994th most traded product (out of 1,218).

In 2022, the top exporters of Rubber Thread were Thailand ($386M), Malaysia ($168M), China ($107M), India ($19.6M), and Vietnam ($9.57M).

In 2022, the top importers of Rubber Thread were China ($308M), Bangladesh ($45.3M), Vietnam ($28.1M), Indonesia ($25.6M), and Italy ($21.2M).

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Exporters of Rubber Thread (2022)
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Importers of Rubber Thread (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$21.8M
Top Destination Growth (2021 -  2022)Iran$4.45M

Between 2021 and 2022, the exports of Rubber Thread grew the fastest in China ($21.8M), India ($1.96M), Luxembourg ($847k), Spain ($753k), and France ($646k).

Between 2021 and 2022, the fastest growing importers of Rubber Thread were Iran ($4.45M), Turkey ($4.15M), Sudan ($2.71M), United Kingdom ($2.35M), and Philippines ($1.96M).

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Exporters of Rubber Thread (2021 - 2022)

Importers of Rubber Thread (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rubber Thread.

In 2022, market concentration measured using Shannon Entropy, was 2.29. This means that most of the exports of Rubber Thread are explained by 4 countries.

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Value of Exports in Rubber Thread

Net Trade

TOP NET EXPORTER (2022)Thailand$383M
TOP NET IMPORTER (2022)China$202M

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

In 2022, the countries that had a largest trade value in exports than in imports of Rubber Thread were Thailand ($383M), Malaysia ($162M), India ($10.3M), Luxembourg ($3.17M), and Japan ($1.35M).

In 2022, the countries that had a largest trade value in imports than in exports of Rubber Thread were China ($202M), Bangladesh ($45.3M), Indonesia ($19.7M), Brazil ($18.9M), and Vietnam ($18.6M).

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

Top 10 Exporters Countries of Rubber Thread by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.09M
TOP IMPORT POTENTIALMalaysia+ $74.9k

Rubber Thread’s highest export potential is United States. With an export gap of $1.09M.  Rubber Thread’s highest import potential is Malaysia with an import gap of $74.9k.

See methodology.

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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)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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