HS Icon Rubber Apparel

4015 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $8.54B, Rnk 363 / 1217

2019
Top Exporter | Top Importer
: $4.37B | $2.73B, Malaysia | United States

2019
Product Complexity
: -0.51, Rnk 668 / 961

2018 - 2019
Export Growth (CAGR)
: 0.13%, Rnk 384 / 1217

2018
Mean Tariff
: 8.97%, Rnk 478 / 1259

 2019
Share of World Trade
: 0.047%, Rnk 363 / 1217

Overview:  This page contains the latest trade data of Rubber Apparel. In 2019, Rubber Apparel were the world's 363rd most traded product, with a total trade of $8.54B. Between 2018 and 2019 the exports of Rubber Apparel grew by 0.13%, from  $8.53B to $8.54B. Trade in Rubber Apparel represent 0.047% of total world trade.

Exports: In 2019 the top exporters of Rubber Apparel  were Malaysia ($4.37B), Thailand ($1.29B), China ($788M), Indonesia ($275M), and Germany ($268M).

Imports: In 2019 the top importers of Rubber Apparel were United States ($2.73B), Germany ($532M), Japan ($467M), United Kingdom ($334M), and China ($248M).

Tariffs: In 2018 the average tariff for Rubber Apparel was 8.97%, making it the 478th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rubber Apparel are Iran (46.7%), Algeria (25.6%), Sri Lanka (25%), Fiji (24.6%), and Bahamas (24.5%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and North Macedonia (0%).

Ranking: Rubber Apparel ranks 668th in the Product Complexity Index (PCI).

Description: Vulcanized rubber articles of apparel and clothing accessories are used for many purposes. These may include: -Sporting goods, such as shoes, balls, and boxing gloves -Protective gear, such as helmets and shin guards -Medical and dental equipment, such as gloves and masks -Household items, such as gloves, oven mitts, and boots -Industrial products, such as gaskets and hoses

Exporters and Importers

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Trade By Country

Top Origin (2019): Malaysia, $4.37B

Top Destination (2019): United States, $2.73B

Rubber Apparel are the world's 363rd most traded product.

In 2019, the top exporters of Rubber Apparel were Malaysia ($4.37B), Thailand ($1.29B), China ($788M), Indonesia ($275M), and Germany ($268M).

In 2019, the top importers of Rubber Apparel were United States ($2.73B), Germany ($532M), Japan ($467M), United Kingdom ($334M), and China ($248M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $47.6M

Top Destination Growth (2018 - 2019): United States, $93.8M

Between 2018 and 2019, the exports of Rubber Apparel grew the fastest in China ($47.6M), Sri Lanka ($31.7M), Belgium ($30.6M), Thailand ($19.2M), and United States ($14.6M).

Between 2018 and 2019, the fastest growing importers of Rubber Apparel were United States ($93.8M), India ($19.6M), Canada ($16M), United Kingdom ($13.9M), and China ($10.4M).

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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 Rubber Apparel.

In 2019,  market concentration measured using Shannon Entropy, was 2.78. This means that most of the exports of Rubber Apparel are explained by 6 countries.

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TOP NET EXPORTER (2019): Malaysia, $4.33B

TOP NET IMPORTER (2019): United States, $2.6B

This map shows which countries export or import more of Rubber Apparel. Each country is colored based on the difference in exports and imports of Rubber Apparel during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Rubber Apparel were Malaysia ($4.33B), Thailand ($1.25B), China ($540M), Indonesia ($246M), and Sri Lanka ($226M).

In 2019, the countries that had a largest trade value in imports than in exports of Rubber Apparel were United States ($2.6B), Japan ($458M), United Kingdom ($283M), Germany ($263M), and Italy ($212M).

Disaggregation

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Value

In 2019, the world most traded Rubber Apparel, disaggragated by their HS6 level were Gloves other than surgical, of rubber ($6.52B), Rubber surgical gloves ($1.78B), and Clothing and accessories except gloves, of... ($251M)

Import Tariffs

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In 2018, the average tariff for importing Rubber Apparel was 8.97%.  The countries with the highest tariffs for importing Rubber Apparel were Iran (46.7%), Algeria (25.6%), Sri Lanka (25%), Fiji (24.6%), and Bahamas (24.5%).

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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.