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2022
Exports $70.1MWorld Rnk 3 / 65
Flag Rnk 2607 / 4606
2022
Destination $12.5M Pakistan
2021 - 2022
FASTEST GROWING MARKET $12.5MPakistan
2022
Imports $184MWorld Rnk 1 / 144
Flag Rnk 843 / 4539
2022
Origin $40.3M Russia
2021 - 2022
FASTEST GROWING ORIGIN $40.3MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $70.1M in Isobutene-isoprene (butyl) rubber (IIR), making it the 3rd largest exporter of Isobutene-isoprene (butyl) rubber (IIR) in the world. At the same year, Isobutene-isoprene (butyl) rubber (IIR) was the 2607th most exported product in China. The main destination of Isobutene-isoprene (butyl) rubber (IIR) exports from China are: Pakistan ($19.7M), South Korea ($8.59M), Thailand ($7.04M), India ($6.86M), and Vietnam ($6.41M).

The fastest growing export markets for Isobutene-isoprene (butyl) rubber (IIR) of China between 2021 and 2022 were Pakistan ($12.5M), India ($6.44M), and South Korea ($6.4M).

Imports In 2022, China imported $184M in Isobutene-isoprene (butyl) rubber (IIR), becoming the 1st largest importer of Isobutene-isoprene (butyl) rubber (IIR) in the world. At the same year, Isobutene-isoprene (butyl) rubber (IIR) was the 843rd most imported product in China. China imports Isobutene-isoprene (butyl) rubber (IIR) primarily from: Russia ($135M), Singapore ($24M), Japan ($9.21M), Belgium ($4.9M), and India ($3.69M).

The fastest growing import markets in Isobutene-isoprene (butyl) rubber (IIR) for China between 2021 and 2022 were Russia ($40.3M), Germany ($40.1k), and Hungary ($21.7k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Isobutene-isoprene (butyl) rubber (IIR) from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Isobutene-isoprene (butyl) rubber (IIR) exports accounted up to $3.91M and imports accounted up to $20.1M, resulting in a negative trade balance of $16.2M. Between October 2023 and October 2024 the exports of China's   Isobutene-isoprene (butyl) rubber (IIR) have decreased by $-1.86M (-32.2%) from $5.76M to $3.91M, while imports increased by $5.32M (36.1%) from $14.8M to $20.1M.

Destinations In October 2024, Isobutene-isoprene (butyl) rubber (IIR) were exported mostly to South Korea ($885k), Indonesia ($567k), Vietnam ($537k), Pakistan ($527k), and India ($256k), and were imported mostly from Russia ($15.8M), Singapore ($3.14M), Japan ($637k), Canada ($417k), and United States ($53.2k).

Growth In October 2024, the decrease in Isobutene-isoprene (butyl) rubber (IIR)'s year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-382k or -61.9%), Chinese Taipei ($-41.2k or -100%), and Australia ($-2.29k or -37.1%). In October 2024, the increase in Isobutene-isoprene (butyl) rubber (IIR)'s year-by-year imports was explained primarily by an increase in imports from Russia ($7.47M or 131%) and Germany ($30.7k or 137%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.86M(-32.2%)
IMPORT GROWTH (October 2023 - October 2024)$5.32M(36.1%)
MAIN DESTINATION (October 2024)South Korea$885k

This section shows Isobutene-isoprene (butyl) rubber (IIR)'s exports and imports data at subnational level for China. 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 Isobutene-isoprene (butyl) rubber (IIR) over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Isobutene-isoprene (butyl) rubber (IIR) throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.1M
IMPORTS (2022)$184M
NET TRADE (2022)-$114M

In 2022, China exported $70.1M in Isobutene-isoprene (butyl) rubber (IIR). The main destinations of China exports on Isobutene-isoprene (butyl) rubber (IIR) were Pakistan ($19.7M), South Korea ($8.59M), Thailand ($7.04M), India ($6.86M), and Vietnam ($6.41M).

In 2022, China imported $184M in Isobutene-isoprene (butyl) rubber (IIR), mainly from Russia ($135M), Singapore ($24M), Japan ($9.21M), Belgium ($4.9M), and India ($3.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Isobutene-isoprene (butyl) rubber (IIR) EXPORT MARKETS FOR China WERE (2021 - 2022):
Pakistan$12.5M (173%)
India$6.44M (1.53k%)
South Korea$6.4M (292%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Isobutene-isoprene (butyl) rubber (IIR) BY China WERE (2021 - 2022):
Iran-$738k (-60.9%)
Canada-$152k (-48%)
Morocco-$126k (-35.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Isobutene-isoprene (butyl) rubber (IIR) were:
Russia $222M
Singapore $105M
In 2022, China's main importing competitors in Isobutene-isoprene (butyl) rubber (IIR) were:
India $55.8M
Thailand $43.3M

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Trade Value of Isobutene-isoprene (butyl) rubber (IIR) by Exporters

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