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2022
Exports $9.01MWorld Rnk 6 / 136
Flag Rnk 1070 / 1217
2022
Destination $588k Canada
2021 - 2022
FASTEST GROWING MARKET $588kIndonesia
2022
Imports $33.1MWorld Rnk 1 / 205
Flag Rnk 1027 / 1216
2022
Origin $657k Canada
2021 - 2022
FASTEST GROWING ORIGIN $657kChinese Taipei
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $9.01M in Hard Rubber, making it the 6th largest exporter of Hard Rubber in the world. At the same year, Hard Rubber was the 1070th most exported product in United States. The main destination of Hard Rubber exports from United States are: Canada ($2.89M), Indonesia ($732k), United Kingdom ($606k), Bahamas ($467k), and Mexico ($428k).

The fastest growing export markets for Hard Rubber of United States between 2021 and 2022 were Indonesia ($588k), Bahamas ($458k), and Canada ($449k).

Imports In 2022, United States imported $33.1M in Hard Rubber, becoming the 1st largest importer of Hard Rubber in the world. At the same year, Hard Rubber was the 1027th most imported product in United States. United States imports Hard Rubber primarily from: Canada ($10.7M), China ($6.47M), Thailand ($2.62M), Dominican Republic ($1.91M), and Chinese Taipei ($1.86M).

The fastest growing import markets in Hard Rubber for United States between 2021 and 2022 were Chinese Taipei ($657k), Vietnam ($639k), and Denmark ($582k).

COMPANIES In 2023, leading companies such as TE Connectivity (1) and Steve Silver (1) were at the forefront of shipping Hard Rubber to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Hard Rubber exports accounted up to $379k and imports accounted up to $3.69M, resulting in a negative trade balance of $3.31M. Between September 2023 and September 2024 the exports of United States'   Hard Rubber have decreased by $-307k (-44.8%) from $686k to $379k, while imports increased by $1.43M (63.5%) from $2.26M to $3.69M.

Destinations In September 2024, Hard Rubber were exported mostly to Canada ($153k), Indonesia ($66k), Austria ($47.4k), Italy ($33.6k), and Malaysia ($33.3k), and were imported mostly from Canada ($2.24M), China ($348k), Germany ($213k), Guatemala ($190k), and Chinese Taipei ($176k).

Growth In September 2024, the decrease in Hard Rubber's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-74.7k or -86.8%), Germany ($-4.12k or -62%), and Hong Kong ($-1.69k or -37.1%). In September 2024, the increase in Hard Rubber's year-by-year imports was explained primarily by an increase in imports from Canada ($177k or 47.2%), China ($168k or 110%), and United Kingdom ($78.7k or 121%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-307k(-44.8%)
IMPORT GROWTH (September 2023 - September 2024)$1.43M(63.5%)
MAIN EXPORTER (September 2024)Texas$401k
MAIN DESTINATION (September 2024)Canada$153k

This section shows Hard 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 Hard Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.01M
IMPORTS (2022)$33.1M
NET TRADE (2022)-$24.1M

In 2022, United States exported $9.01M in Hard Rubber. The main destinations of United States exports on Hard Rubber were Canada ($2.89M), Indonesia ($732k), United Kingdom ($606k), Bahamas ($467k), and Mexico ($428k).

In 2022, United States imported $33.1M in Hard Rubber, mainly from Canada ($10.7M), China ($6.47M), Thailand ($2.62M), Dominican Republic ($1.91M), and Chinese Taipei ($1.86M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Hard Rubber EXPORT MARKETS FOR United States WERE (2021 - 2022):
Indonesia$588k (408%)
Bahamas$458k (5.14k%)
Canada$449k (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Rubber BY United States WERE (2021 - 2022):
Russia-$269k (-100%)
Australia-$213k (-63.9%)
Germany-$207k (-57%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Hard Rubber were:
China $67.4M
Chinese Taipei $47.2M
Thailand $20.4M
In 2022, United States's main importing competitors in Hard Rubber were:
Japan $30.6M
China $17.7M

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Trade Value of Hard Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $118k
TOP IMPORT POTENTIALGermany+ $321k

Hard Rubber’s highest export potential is Germany. With an export gap of $118k.   Hard Rubber’s highest import potential is Germany with an import gap of $321k.

See methodology.

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