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2022
Exports $4.57BWorld Rnk 1 / 224
Flag Rnk 153 / 1216
2022
Destination $43.3M United States
2021 - 2022
FASTEST GROWING MARKET $43.3MThailand
2022
PRODUCT COMPLEXITY IN Other Rubber Products0.54Rnk 353 / 1025
2022
Imports $1.73BWorld Rnk 3 / 225
Flag Rnk 159 / 1212
2022
Origin $16.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $16.6MSweden
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.57B in Other Rubber Products, making it the 1st largest exporter of Other Rubber Products in the world. At the same year, Other Rubber Products was the 153rd most exported product in China. The main destination of Other Rubber Products exports from China are: United States ($897M), Japan ($280M), Germany ($233M), Vietnam ($169M), and Thailand ($162M).

The fastest growing export markets for Other Rubber Products of China between 2021 and 2022 were Thailand ($43.3M), United States ($38.4M), and Singapore ($33.1M).

Imports In 2022, China imported $1.73B in Other Rubber Products, becoming the 3rd largest importer of Other Rubber Products in the world. At the same year, Other Rubber Products was the 159th most imported product in China. China imports Other Rubber Products primarily from: Germany ($444M), Japan ($240M), United States ($137M), South Korea ($134M), and France ($75.2M).

The fastest growing import markets in Other Rubber Products for China between 2021 and 2022 were Sweden ($16.6M), Chinese Taipei ($9.77M), and Singapore ($7.77M).

COMPANIES In 2023, leading companies such as CrimsonLogic (116), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (81), and Volvo (65) were at the forefront of shipping Other Rubber Products from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Other Rubber Products exports accounted up to $342M and imports accounted up to $171M, resulting in a positive trade balance of $172M. Between July 2023 and July 2024 the exports of China's   Other Rubber Products have increased by $18M (5.56%) from $324M to $342M, while imports decreased by $-5.43M (-3.08%) from $176M to $171M.

Destinations In July 2024, Other Rubber Products were exported mostly to United States ($65.5M), Japan ($17.7M), Vietnam ($16.2M), Mexico ($14.6M), and Germany ($14.4M), and were imported mostly from Japan ($24.1M), Germany ($23.9M), United States ($23.6M), France ($12M), and South Korea ($8.85M).

Growth In July 2024, the increase in Other Rubber Products's year-by-year exports was explained primarily by an increase in exports to Singapore ($8.48M or 206%), Australia ($5.72M or 70.1%), and Russia ($4.52M or 60.7%). In July 2024, the decrease in Other Rubber Products's year-by-year imports was explained primarily by a decrease in imports from Japan ($-15.7M or -45.1%), Germany ($-8.49M or -26.9%), and South Korea ($-5.52M or -38.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$18M(5.56%)
IMPORT GROWTH (July 2023 - July 2024)$-5.43M(-3.08%)
MAIN EXPORTER (July 2024)Zhejiang Province$90M
MAIN DESTINATION (July 2024)United States$65.5M

This section shows Other Rubber Products'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 Other Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.57B
IMPORTS (2022)$1.73B
NET TRADE (2022)$2.84B

In 2022, China exported $4.57B in Other Rubber Products. The main destinations of China exports on Other Rubber Products were United States ($897M), Japan ($280M), Germany ($233M), Vietnam ($169M), and Thailand ($162M).

In 2022, China imported $1.73B in Other Rubber Products, mainly from Germany ($444M), Japan ($240M), United States ($137M), South Korea ($134M), and France ($75.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Rubber Products EXPORT MARKETS FOR China WERE (2021 - 2022):
Thailand$43.3M (36.6%)
United States$38.4M (4.48%)
Singapore$33.1M (62.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Rubber Products BY China WERE (2021 - 2022):
Russia-$46.1M (-35.3%)
China-$36.7M (-39.8%)
Mexico-$23.2M (-13.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Rubber Products were:
Germany $4.25B
United States $3.26B
In 2022, China's main importing competitors in Other Rubber Products were:
United States $4.97B
Germany $3.32B

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Trade Value of Other Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $122M
TOP IMPORT POTENTIALUnited States+ $62.3M

Other Rubber Products’s highest export potential is United States. With an export gap of $122M.   Other Rubber Products’s highest import potential is United States with an import gap of $62.3M.

See methodology.

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