HS Icon Hard rubber (eg ebonite) in all forms, articles,scrap

401700 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $257M, Rnk 3422 / 4648

2019
Top Exporter | Top Importer
: $48.8M | $34.1M, Chinese Taipei | United States

2019
Product Complexity
: -0.36, Rnk 3176 / 4826

2018 - 2019
Export Growth (CAGR)
: -13.6%, Rnk 3806 / 4648

2018
Mean Tariff
: 8.87%, Rnk 2581 / 6538

 2019
Share of World Trade
: 0.0014%, Rnk 3422 / 4648

Overview:  This page contains the latest trade data of Hard rubber (eg ebonite) in all forms, articles,scrap. In 2019, Hard rubber (eg ebonite) in all forms, articles,scrap were the world's 3422nd most traded product, with a total trade of $257M. Between 2018 and 2019 the exports of Hard rubber (eg ebonite) in all forms, articles,scrap decreased by -13.6%, from  $298M to $257M. Trade in Hard rubber (eg ebonite) in all forms, articles,scrap represent 0.0014% of total world trade.

Exports: In 2019 the top exporters of Hard rubber (eg ebonite) in all forms, articles,scrap  were Chinese Taipei ($48.8M), China ($43.5M), Thailand ($26M), United States ($15.4M), and Canada ($13.3M).

Imports: In 2019 the top importers of Hard rubber (eg ebonite) in all forms, articles,scrap were United States ($34.1M), Japan ($23.3M), China ($17.1M), Germany ($13.1M), and India ($11.1M).

Tariffs: In 2018 the average tariff for Hard rubber (eg ebonite) in all forms, articles,scrap was 8.87%, making it the 2581st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Hard rubber (eg ebonite) in all forms, articles,scrap are Bahamas (40.2%), Ethiopia (29.7%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Hard rubber (eg ebonite) in all forms, articles,scrap ranks 3176th in the Product Complexity Index (PCI).

Description: Hard rubber is the term given to natural rubber that has been hardened through the addition of various chemicals. These include sulfur, lead, or vulcanizing agents. The process was invented by Charles Goodyear in 1839. The best-known product made from hard rubber is the eraser, which is made from a mixture of rubber and the gum arabic.

Exporters and Importers

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Trade By Country

Top Origin (2019): Chinese Taipei, $48.8M

Top Destination (2019): United States, $34.1M

Hard rubber (eg ebonite) in all forms, articles,scrap are the world's 3422nd most traded product.

In 2019, the top exporters of Hard rubber (eg ebonite) in all forms, articles,scrap were Chinese Taipei ($48.8M), China ($43.5M), Thailand ($26M), United States ($15.4M), and Canada ($13.3M).

In 2019, the top importers of Hard rubber (eg ebonite) in all forms, articles,scrap were United States ($34.1M), Japan ($23.3M), China ($17.1M), Germany ($13.1M), and India ($11.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Canada, $2.31M

Top Destination Growth (2018 - 2019): Belgium, $2.87M

Between 2018 and 2019, the exports of Hard rubber (eg ebonite) in all forms, articles,scrap grew the fastest in Canada ($2.31M), Belgium ($1.79M), Thailand ($1.77M), Australia ($1.69M), and Nigeria ($965k).

Between 2018 and 2019, the fastest growing importers of Hard rubber (eg ebonite) in all forms, articles,scrap were Belgium ($2.87M), United States ($2.81M), United Kingdom ($1.29M), Ghana ($983k), and Japan ($521k).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Hard rubber (eg ebonite) in all forms, articles,scrap.

In 2019,  market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Hard rubber (eg ebonite) in all forms, articles,scrap are explained by 19 countries.

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TOP NET EXPORTER (2019): Chinese Taipei, $45.9M

TOP NET IMPORTER (2019): United States, $18.6M

This map shows which countries export or import more of Hard rubber (eg ebonite) in all forms, articles,scrap. Each country is colored based on the difference in exports and imports of Hard rubber (eg ebonite) in all forms, articles,scrap during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Hard rubber (eg ebonite) in all forms, articles,scrap were Chinese Taipei ($45.9M), China ($26.5M), Thailand ($23.3M), Canada ($8.91M), and Romania ($6.96M).

In 2019, the countries that had a largest trade value in imports than in exports of Hard rubber (eg ebonite) in all forms, articles,scrap were United States ($18.6M), Japan ($16.4M), India ($8.31M), Netherlands ($8.01M), and Germany ($6.53M).

Import Tariffs

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In 2018, the average tariff for importing Hard rubber (eg ebonite) in all forms, articles,scrap was 8.87%.  The countries with the highest tariffs for importing Hard rubber (eg ebonite) in all forms, articles,scrap were Bahamas (40.2%), Ethiopia (29.7%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%).

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Product Complexity

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Diversification Frontier

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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.