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400122 (Harmonized System 1992 for 6-digit)

2023
World Trade $9.3BRnk 395 / 4644
2023
Top Exporter | Top Importer $2.74B | $2.39BIndonesia | China
2023
Product Complexity -2.65Rnk 4630 / 4656
2022 - 2023
Export Growth (CAGR) -28.5%Rnk 4181 / 4644
2023
Share of World Trade 0.041%Rnk 395 / 4644

About

Overview This page contains the latest trade data of Technically specified natural rubber (TSNR). In 2023, Technically specified natural rubber (TSNR) were the world's 395th most traded product, with a total trade of $9.3B. Between 2022 and 2023 the exports of Technically specified natural rubber (TSNR) decreased by -28.5%, from $13B to $9.3B. Trade in Technically specified natural rubber (TSNR) represent 0.041% of total world trade.

Technically specified natural rubber (TSNR) are a part of Rubber.

Exports In 2023 the top exporters of Technically specified natural rubber (TSNR)  were Indonesia ($2.74B), Thailand ($2.32B), Cote d'Ivoire ($1.85B), Malaysia ($856M), and Vietnam ($395M).

Imports In 2023 the top importers of Technically specified natural rubber (TSNR) were China ($2.39B), United States ($1.23B), Japan ($718M), India ($627M), and Germany ($378M).

Ranking Technically specified natural rubber (TSNR) ranks 4630th in the Product Complexity Index (PCI).

Description Technically specified natural rubber (TSNR) is used in tires, shoes, and other items.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Technically specified natural rubber (TSNR). 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)Indonesia$2.74B
Top Destination (2023)China$2.39B

In 2023 Technically specified natural rubber (TSNR) were the world's 395th most traded product (out of 4,644).

In 2023, the top exporters of Technically specified natural rubber (TSNR) were Indonesia ($2.74B), Thailand ($2.32B), Cote d'Ivoire ($1.85B), Malaysia ($856M), and Vietnam ($395M).

In 2023, the top importers of Technically specified natural rubber (TSNR) were China ($2.39B), United States ($1.23B), Japan ($718M), India ($627M), and Germany ($378M).

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Exporters of Technically specified natural rubber (TSNR) (2023)
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Importers of Technically specified natural rubber (TSNR) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Cote d'Ivoire$112M
Top Destination Growth (2022 -  2023)China$132M

Between 2022 and 2023, the exports of Technically specified natural rubber (TSNR) grew the fastest in Cote d'Ivoire ($112M), Hungary ($27.3M), Brazil ($10.1M), Turkey ($7.5M), and Luxembourg ($3.37M).

Between 2022 and 2023, the fastest growing importers of Technically specified natural rubber (TSNR) were China ($132M), Senegal ($81.6M), Malaysia ($78.3M), Pakistan ($13.3M), and Cambodia ($10.1M).

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Exporters of Technically specified natural rubber (TSNR) (2022 - 2023)

Importers of Technically specified natural rubber (TSNR) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Technically specified natural rubber (TSNR).

In 2023, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Technically specified natural rubber (TSNR) are explained by 7 countries.

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Value of Exports in Technically specified natural rubber (TSNR)

Net Trade

TOP NET EXPORTER (2023)Indonesia$2.73B
TOP NET IMPORTER (2023)China$2.37B

This map shows which countries export or import more of Technically specified natural rubber (TSNR). Each country is colored based on the difference in exports and imports of Technically specified natural rubber (TSNR) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Technically specified natural rubber (TSNR) were Indonesia ($2.73B), Thailand ($2.32B), Cote d'Ivoire ($1.85B), Malaysia ($588M), and Vietnam ($210M).

In 2023, the countries that had a largest trade value in imports than in exports of Technically specified natural rubber (TSNR) were China ($2.37B), United States ($1.22B), Japan ($718M), India ($619M), and Germany ($318M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Technically specified natural rubber (TSNR).
It is possible to select the main countries that export or import Technically specified natural rubber (TSNR) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Technically specified natural rubber (TSNR) 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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