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2022
Exports $118MWorld Rnk 3 / 61
Flag Rnk 1368 / 4632
2022
Destination $9.45M Japan
2021 - 2022
FASTEST GROWING MARKET $9.45MJapan
2022
Imports $61MWorld Rnk 4 / 99
Flag Rnk 2485 / 4573
2022
Origin $6.6M Russia
2021 - 2022
FASTEST GROWING ORIGIN $6.6MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $118M in Isoprene rubber (IR), making it the 3rd largest exporter of Isoprene rubber (IR) in the world. At the same year, Isoprene rubber (IR) was the 1368th most exported product in United States. The main destination of Isoprene rubber (IR) exports from United States are: Japan ($36.1M), Canada ($24.3M), Malaysia ($20.9M), Mexico ($12.3M), and Netherlands ($6.6M).

The fastest growing export markets for Isoprene rubber (IR) of United States between 2021 and 2022 were Japan ($9.45M), Canada ($3.46M), and Mexico ($2.25M).

Imports In 2022, United States imported $61M in Isoprene rubber (IR), becoming the 4th largest importer of Isoprene rubber (IR) in the world. At the same year, Isoprene rubber (IR) was the 2485th most imported product in United States. United States imports Isoprene rubber (IR) primarily from: Russia ($25.1M), Japan ($21.1M), Chinese Taipei ($6.5M), China ($2M), and Finland ($1.29M).

The fastest growing import markets in Isoprene rubber (IR) for United States between 2021 and 2022 were Japan ($6.6M), Chinese Taipei ($4.66M), and Mexico ($1.26M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Isoprene rubber (IR) to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Isoprene rubber (IR) exports accounted up to $7.56M and imports accounted up to $2.01M, resulting in a positive trade balance of $5.55M. Between June 2023 and June 2024 the exports of United States'   Isoprene rubber (IR) have decreased by $-4.44M (-37%) from $12M to $7.56M, while imports increased by $756k (60.4%) from $1.25M to $2.01M.

Destinations In June 2024, Isoprene rubber (IR) were exported mostly to Brazil ($1.75M), Canada ($1.74M), Netherlands ($1.47M), Mexico ($1.06M), and Chile ($581k), and were imported mostly from Japan ($1.04M), Chinese Taipei ($343k), India ($235k), Russia ($199k), and United Kingdom ($95.2k).

Growth In June 2024, the decrease in Isoprene rubber (IR)'s year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-2.43M or -73%), Japan ($-2.2M or -54.6%), and Mexico ($-806k or -39.5%). In June 2024, the increase in Isoprene rubber (IR)'s year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($271k or 98.5%) and Sri Lanka ($136k or 434%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-4.44M(-37%)
IMPORT GROWTH (June 2023 - June 2024)$756k(60.4%)
MAIN EXPORTER (June 2024)Texas$7.87M
MAIN DESTINATION (June 2024)Brazil$1.75M

This section shows Isoprene rubber (IR)'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 Isoprene rubber (IR) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$118M
IMPORTS (2022)$61M
NET TRADE (2022)$56.9M

In 2022, United States exported $118M in Isoprene rubber (IR). The main destinations of United States exports on Isoprene rubber (IR) were Japan ($36.1M), Canada ($24.3M), Malaysia ($20.9M), Mexico ($12.3M), and Netherlands ($6.6M).

In 2022, United States imported $61M in Isoprene rubber (IR), mainly from Russia ($25.1M), Japan ($21.1M), Chinese Taipei ($6.5M), China ($2M), and Finland ($1.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Isoprene rubber (IR) EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$9.45M (35.4%)
Canada$3.46M (16.6%)
Mexico$2.25M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Isoprene rubber (IR) BY United States WERE (2021 - 2022):
Belgium-$609k (-74.2%)
Germany-$608k (-47.9%)
Turkey-$420k (-68.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Isoprene rubber (IR) were:
Russia $424M
Japan $214M
In 2022, United States's main importing competitors in Isoprene rubber (IR) were:
Thailand $108M
China $104M
Malaysia $79.6M

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Trade Value of Isoprene rubber (IR) by Exporters

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