2023
Exports
$782MWorld Rnk 2 / 125
Flag Rnk 278 / 1217
2023
PRODUCT COMPLEXITY IN Compounded Unvulcanised Rubber
0.89Rnk 212 / 1025
2023
Imports
$709MWorld Rnk 1 / 204
Flag Rnk 443 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $782M in Compounded Unvulcanised Rubber, making it the 2nd largest exporter of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 278th most exported product in United States. The main destination of Compounded Unvulcanised Rubber exports from United States are: Mexico ($338M), Canada ($216M), South Korea ($33.9M), India ($28.6M), and Brazil ($21.1M).

The fastest growing export markets for Compounded Unvulcanised Rubber of United States between 2022 and 2023 were South Korea ($17.2M), Mexico ($16.9M), and United Kingdom ($3.81M).

Imports In 2023, United States imported $709M in Compounded Unvulcanised Rubber, becoming the 1st largest importer of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 443rd most imported product in United States. United States imports Compounded Unvulcanised Rubber primarily from: Canada ($399M), Mexico ($80.9M), Thailand ($73.7M), Germany ($46M), and Japan ($22.9M).

The fastest growing import markets in Compounded Unvulcanised Rubber for United States between 2022 and 2023 were Mexico ($41.8M), Brazil ($5.73M), and United Kingdom ($4.69M).

COMPANIES In 2023, leading companies such as BRIDGESTONE AIRCRAFT TIRE (8), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (6), and Porsche (6) were at the forefront of shipping Compounded Unvulcanised Rubber to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-3.67M(-5.14%)
IMPORT GROWTH (November 2023 - November 2024)$-1.74M(-2.93%)
MAIN EXPORTER (November 2024)Texas$19.1M
MAIN DESTINATION (November 2024)Mexico$31.1M

This section shows Compounded Unvulcanised Rubber's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Compounded Unvulcanised Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$782M
IMPORTS (2023)$709M
NET TRADE (2023)$73.5M

In 2023, United States exported $782M in Compounded Unvulcanised Rubber. The main destinations of United States exports on Compounded Unvulcanised Rubber were Mexico ($338M), Canada ($216M), South Korea ($33.9M), India ($28.6M), and Brazil ($21.1M).

In 2023, United States imported $709M in Compounded Unvulcanised Rubber, mainly from Canada ($399M), Mexico ($80.9M), Thailand ($73.7M), Germany ($46M), and Japan ($22.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compounded Unvulcanised Rubber EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$17.2M (104%)
Mexico$16.9M (5.25%)
United Kingdom$3.81M (46.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compounded Unvulcanised Rubber BY United States WERE (2022 - 2023):
Canada-$19.9M (-8.44%)
Chinese Taipei-$6.12M (-64.5%)
Singapore-$4.62M (-53.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Compounded Unvulcanised Rubber were:
Germany $1.25B
Italy $569M
In 2023, United States's main importing competitors in Compounded Unvulcanised Rubber were:

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Trade Value of Compounded Unvulcanised Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.2M
TOP IMPORT POTENTIALGermany+ $21.4M

Compounded Unvulcanised Rubber’s highest export potential is China. With an export gap of $11.2M.   Compounded Unvulcanised Rubber’s highest import potential is Germany with an import gap of $21.4M.

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