HS Icon Unvulcanised Rubber Products

4006 (Harmonized System 1992 for 4-digit)

World Trade (2018): $553M, Rnk 1018 / 1225

Top Exporter (2018): $91M, United States

Top Importer (2018): $53.8M, Germany

Export Growth (CAGR)(2017 - 2018): 27.4%, Rnk 197 / 1225

Mean Tariff (2018): 7.33%, Rnk 594 / 1259

Share of World Trade (2018): 0.003%, Rnk 1018 / 1225

Overview:  This page contains the latest trade data of Unvulcanised Rubber Products. In 2018, Unvulcanised Rubber Products were the world's 1018th most traded product, with a total trade of $553M. Between 2017 and 2018 the exports of Unvulcanised Rubber Products grew by 27.4%, from  $434M to $553M. Trade in Unvulcanised Rubber Products represent 0.003% of total world trade.

Exports: In 2018 the top exporters of Unvulcanised Rubber Products  were United States ($91M), Germany ($83.2M), France ($73M), Italy ($46.5M), and United Kingdom ($34.5M).

Imports: In 2018 the top importers of Unvulcanised Rubber Products were Germany ($53.8M), Spain ($39.7M), United States ($38M), Netherlands ($32.2M), and United Kingdom ($27.9M).

Tariffs: In 2018 the average tariff for Unvulcanised Rubber Products was 7.33%, been the 594 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Unvulcanised Rubber Products are Bahamas (41%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Turkey (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $91M

Top Destination (2018): Germany, $53.8M

Unvulcanised Rubber Products are the world's 1018th most traded product.

In 2018, the top exporters of Unvulcanised Rubber Products were United States ($91M), Germany ($83.2M), France ($73M), Italy ($46.5M), and United Kingdom ($34.5M).

In 2018, the top importers of Unvulcanised Rubber Products were Germany ($53.8M), Spain ($39.7M), United States ($38M), Netherlands ($32.2M), and United Kingdom ($27.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $26.2M

Top Destination Growth (2017 - 2018): Spain, $24.2M

Between 2017 and 2018, the exports of Unvulcanised Rubber Products grew the fastest in Germany ($26.2M), France ($24.2M), United States ($18.3M), United Kingdom ($14.1M), and Portugal ($12.6M).

Between 2017 and 2018, the fastest growing importers of Unvulcanised Rubber Products were Spain ($24.2M), Germany ($17.5M), Turkey ($17.4M), Poland ($11.6M), and Netherlands ($6.85M).

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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 Unvulcanised Rubber Products.

In 2018,  market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Unvulcanised Rubber Products are explained by 18 countries.

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TOP NET EXPORTER (2018): United States, $53M

TOP NET IMPORTER (2018): Spain, $32.7M

This map shows which countries export or import more of Unvulcanised Rubber Products. Each country is colored based on the difference in exports and imports of Unvulcanised Rubber Products during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Unvulcanised Rubber Products were United States ($53M), France ($47.4M), Italy ($35.9M), Germany ($29.4M), and Austria ($14.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Unvulcanised Rubber Products were Spain ($32.7M), Turkey ($17.8M), Poland ($16.6M), Netherlands ($13.3M), and Czechia ($9.02M).

Trade Forecasts

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This section shows forecasts for total trade for Unvulcanised Rubber Products. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Unvulcanised Rubber Products was 7.33%.  The countries with the highest tariffs for importing Unvulcanised Rubber Products were Bahamas (41%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%).

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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.