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Pricing

Waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom

4004 (Harmonized System 1992 for 4-digit)

2022
World Trade $345MRnk 1097 / 1218
2022
Top Exporter | Top Importer $52.2M | $87.9MUnited Kingdom | India
2021 - 2022
Export Growth (CAGR) 9.7%Rnk 417 / 1218
2022
Share of World Trade 0.0015%Rnk 1097 / 1218

About

Overview This page contains the latest trade data of Scrap Rubber. In 2022, Scrap Rubber were the world's 1097th most traded product, with a total trade of $345M. Between 2021 and 2022 the exports of Scrap Rubber grew by 9.7%, from $315M to $345M. Trade in Scrap Rubber represent 0.0015% of total world trade.

Scrap Rubber are a part of Rubber & articles thereof. They include Rubber waste, parings and scrap.

Exports In 2022 the top exporters of Scrap Rubber  were United Kingdom ($52.2M), United States ($36M), France ($25M), Italy ($21.7M), and Canada ($18.5M).

Imports In 2022 the top importers of Scrap Rubber were India ($87.9M), Turkey ($27.9M), United States ($24M), Germany ($15.4M), and Pakistan ($15.4M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Scrap Rubber. 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)United Kingdom$52.2M
Top Destination (2022)India$87.9M

In 2022 Scrap Rubber were the world's 1097th most traded product (out of 1,218).

In 2022, the top exporters of Scrap Rubber were United Kingdom ($52.2M), United States ($36M), France ($25M), Italy ($21.7M), and Canada ($18.5M).

In 2022, the top importers of Scrap Rubber were India ($87.9M), Turkey ($27.9M), United States ($24M), Germany ($15.4M), and Pakistan ($15.4M).

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

Color
Top Origin Growth (2021 -  2022)United Kingdom$30.7M
Top Destination Growth (2021 -  2022)India$56.1M

Between 2021 and 2022, the exports of Scrap Rubber grew the fastest in United Kingdom ($30.7M), Qatar ($11.2M), United States ($6.24M), United Arab Emirates ($6.07M), and Netherlands ($5.7M).

Between 2021 and 2022, the fastest growing importers of Scrap Rubber were India ($56.1M), Turkey ($12.5M), Pakistan ($5.53M), Netherlands ($4.91M), and United Kingdom ($2.15M).

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Exporters of Scrap Rubber (2021 - 2022)

Importers of Scrap Rubber (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.78. This means that most of the exports of Scrap Rubber are explained by 27 countries.

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Value of Exports in Scrap Rubber

Net Trade

TOP NET EXPORTER (2022)United Kingdom$45.6M
TOP NET IMPORTER (2022)India$84.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of Scrap Rubber were United Kingdom ($45.6M), France ($21.9M), Qatar ($14.2M), Italy ($13.3M), and United States ($12M).

In 2022, the countries that had a largest trade value in imports than in exports of Scrap Rubber were India ($84.2M), Turkey ($25.9M), Thailand ($10.2M), Pakistan ($8.27M), and Morocco ($8.14M).

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $405k
TOP IMPORT POTENTIALItaly+ $192k

Scrap Rubber’s highest export potential is Germany. With an export gap of $405k.  Scrap Rubber’s highest import potential is Italy with an import gap of $192k.

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 Scrap Rubber 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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