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Pricing

Natural rubber, balata, gutta-percha, guayule, chicle and similar gums; in primary forms or in plates, sheets or strip

4001 (Harmonized System 1992 for 4-digit)

2022
World Trade $18.4BRnk 239 / 1218
2022
Top Exporter | Top Importer $5.47B | $3.82BThailand | China
2022
Product Complexity -2.47Rnk 1022 / 1033
2021 - 2022
Export Growth (CAGR) 1.01%Rnk 816 / 1218
2022
Share of World Trade 0.078%Rnk 239 / 1218

About

Overview This page contains the latest trade data of Rubber. In 2022, Rubber were the world's 239th most traded product, with a total trade of $18.4B. Between 2021 and 2022 the exports of Rubber grew by 1.01%, from $18.2B to $18.4B. Trade in Rubber represent 0.078% of total world trade.

Rubber are a part of Rubber & articles thereof. They include Technically specified natural rubber (TSNR), Natural rubber in smoked sheets, Natural rubber latex, Natural rubber in other forms, and Balata, gutta-percha, guayule, chicle and similar gum.

Exports In 2022 the top exporters of Rubber  were Thailand ($5.47B), Indonesia ($4.17B), Cote d'Ivoire ($2.11B), Malaysia ($1.29B), and Vietnam ($1.23B).

Imports In 2022 the top importers of Rubber were China ($3.82B), United States ($2.06B), Malaysia ($1.42B), Japan ($1.4B), and India ($969M).

Ranking Rubber ranks 1022nd in the Product Complexity Index (PCI).

Description Natural rubber is used in a variety of products, including tires, hoses, door gaskets, and so on. It is also used to make sheets of rubber that are used for many purposes, such as flooring, roofing, and other construction materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on 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.

Explore Latest Trends

* 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)Thailand$5.47B
Top Destination (2022)China$3.82B

In 2022 Rubber were the world's 239th most traded product (out of 1,218).

In 2022, the top exporters of Rubber were Thailand ($5.47B), Indonesia ($4.17B), Cote d'Ivoire ($2.11B), Malaysia ($1.29B), and Vietnam ($1.23B).

In 2022, the top importers of Rubber were China ($3.82B), United States ($2.06B), Malaysia ($1.42B), Japan ($1.4B), and India ($969M).

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

Color
Top Origin Growth (2021 -  2022)Cote d'Ivoire$376M
Top Destination Growth (2021 -  2022)Slovenia$108M

Between 2021 and 2022, the exports of Rubber grew the fastest in Cote d'Ivoire ($376M), Laos ($295M), Burma ($73.4M), Belgium ($48.7M), and Ghana ($40.5M).

Between 2021 and 2022, the fastest growing importers of Rubber were Slovenia ($108M), China ($105M), Japan ($100M), South Korea ($95.9M), and Turkey ($47.5M).

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Exporters of Rubber (2021 - 2022)

Importers of Rubber (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Rubber are explained by 10 countries.

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Value of Exports in Rubber

Net Trade

TOP NET EXPORTER (2022)Thailand$5.46B
TOP NET IMPORTER (2022)China$3.77B

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

In 2022, the countries that had a largest trade value in exports than in imports of Rubber were Thailand ($5.46B), Indonesia ($4.07B), Cote d'Ivoire ($2.11B), Cambodia ($729M), and Laos ($595M).

In 2022, the countries that had a largest trade value in imports than in exports of Rubber were China ($3.77B), United States ($1.99B), Japan ($1.39B), India ($955M), and South Korea ($696M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Rubber, disaggragated by their HS6 level were Technically specified natural rubber (TSNR) ($12.5B), Natural rubber latex ($2.38B), Natural rubber in other forms ($1.77B), Natural rubber in smoked sheets ($1.71B), and Balata, gutta-percha, guayule, chicle and similar... ($26.1M)

HS6 Disaggregation for Rubber (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Rubber 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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Rubber.

Country by Relatedness

The following visualization shows the relatedness of 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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