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2023
Exports $3.96MWorld Rnk 14 / 55
Flag Rnk 4050 / 4593
2023
Destination $2.35M Laos
2022 - 2023
FASTEST GROWING MARKET $2.35MLaos
2023
Imports $5.05BWorld Rnk 1 / 129
Flag Rnk 49 / 4516
2023
Origin $43M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $43MLaos
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $3.96M in Mixtures of natural and synthetic rubbers, making it the 14th largest exporter of Mixtures of natural and synthetic rubbers in the world. At the same year, Mixtures of natural and synthetic rubbers was the 4050th most exported product in China. The main destination of Mixtures of natural and synthetic rubbers exports from China are: Laos ($2.35M), Vietnam ($558k), Indonesia ($533k), Thailand ($149k), and India ($75.9k).

The fastest growing export markets for Mixtures of natural and synthetic rubbers of China between 2022 and 2023 were Laos ($2.35M), Thailand ($149k), and Indonesia ($106k).

Imports In 2023, China imported $5.05B in Mixtures of natural and synthetic rubbers, becoming the 1st largest importer of Mixtures of natural and synthetic rubbers in the world. At the same year, Mixtures of natural and synthetic rubbers was the 49th most imported product in China. China imports Mixtures of natural and synthetic rubbers primarily from: Thailand ($2.3B), Vietnam ($1.98B), Malaysia ($493M), Burma ($122M), and Laos ($95.7M).

The fastest growing import markets in Mixtures of natural and synthetic rubbers for China between 2022 and 2023 were Laos ($43M), Vietnam ($20.6M), and Philippines ($7.09M).

COMPANIES In 2024, leading companies such as CrimsonLogic (105k), IKEA Group (37.8k), and Walmart (28.3k) were at the forefront of shipping Mixtures of natural and synthetic rubbers from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Mixtures of natural and synthetic rubbers exports accounted up to $468k and imports accounted up to $748M, resulting in a negative trade balance of $747M. Between December 2023 and December 2024 the exports of China's   Mixtures of natural and synthetic rubbers have decreased by $-141k (-23.2%) from $609k to $468k, while imports increased by $283M (61%) from $464M to $748M.

Destinations In December 2024, Mixtures of natural and synthetic rubbers were exported mostly to Laos ($312k), Russia ($79.6k), Dominican Republic ($64.2k), Cambodia ($6.92k), and Vietnam ($5.02k), and were imported mostly from Thailand ($324M), Vietnam ($286M), Malaysia ($78.3M), Burma ($23.4M), and Laos ($12.1M).

Growth In December 2024, the decrease in Mixtures of natural and synthetic rubbers's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-19.7k or -37.3%). In December 2024, the increase in Mixtures of natural and synthetic rubbers's year-by-year imports was explained primarily by an increase in imports from Vietnam ($35M or 15.8%), Malaysia ($26.1M or 70.1%), and Laos ($10.5M or 187%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-141k(-23.2%)
IMPORT GROWTH (December 2023 - December 2024)$283M(61%)
MAIN DESTINATION (December 2024)Laos$312k

This section shows Mixtures of natural and synthetic rubbers'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 Mixtures of natural and synthetic rubbers over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Mixtures of natural and synthetic rubbers 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 (2023)$3.96M
IMPORTS (2023)$5.05B
NET TRADE (2023)-$5.04B

In 2023, China exported $3.96M in Mixtures of natural and synthetic rubbers. The main destinations of China exports on Mixtures of natural and synthetic rubbers were Laos ($2.35M), Vietnam ($558k), Indonesia ($533k), Thailand ($149k), and India ($75.9k).

In 2023, China imported $5.05B in Mixtures of natural and synthetic rubbers, mainly from Thailand ($2.3B), Vietnam ($1.98B), Malaysia ($493M), Burma ($122M), and Laos ($95.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mixtures of natural and synthetic rubbers EXPORT MARKETS FOR China WERE (2022 - 2023):
Laos$2.35M (1%)
Thailand$149k (49.4k%)
Indonesia$106k (24.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mixtures of natural and synthetic rubbers BY China WERE (2022 - 2023):
Vietnam-$1.28M (-69.7%)
Malaysia-$347k (-89.5%)
North Korea-$180k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Mixtures of natural and synthetic rubbers were:
Thailand $2.31B
Vietnam $1.98B
Malaysia $493M
In 2023, China's main importing competitors in Mixtures of natural and synthetic rubbers were:
Italy $51.2M
Luxembourg $35.6M

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Trade Value of Mixtures of natural and synthetic rubbers by Exporters

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