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2023
Exports $3.64BWorld Rnk 3 / 224
Flag Rnk 94 / 1217
2023
Destination $36.4M Mexico
2022 - 2023
FASTEST GROWING MARKET $36.4MCanada
2023
PRODUCT COMPLEXITY IN Other Rubber Products0.73Rnk 273 / 1025
2023
Imports $4.84BWorld Rnk 1 / 226
Flag Rnk 116 / 1215
2023
Origin $109M Mexico
2022 - 2023
FASTEST GROWING ORIGIN $109MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $3.64B in Other Rubber Products, making it the 3rd largest exporter of Other Rubber Products in the world. At the same year, Other Rubber Products was the 94th most exported product in United States. The main destination of Other Rubber Products exports from United States are: Mexico ($893M), Canada ($590M), China ($236M), Germany ($159M), and Brazil ($130M).

The fastest growing export markets for Other Rubber Products of United States between 2022 and 2023 were Canada ($36.4M), Mexico ($26.8M), and Thailand ($23.4M).

Imports In 2023, United States imported $4.84B in Other Rubber Products, becoming the 1st largest importer of Other Rubber Products in the world. At the same year, Other Rubber Products was the 116th most imported product in United States. United States imports Other Rubber Products primarily from: Mexico ($1.08B), China ($798M), Canada ($460M), Japan ($390M), and Germany ($362M).

The fastest growing import markets in Other Rubber Products for United States between 2022 and 2023 were Mexico ($109M), Germany ($29.8M), and Italy ($12.2M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (1.11k), Robert Bosch (391), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (365) were at the forefront of shipping Other Rubber Products to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Other Rubber Products exports accounted up to $266M and imports accounted up to $378M, resulting in a negative trade balance of $112M. Between November 2023 and November 2024 the exports of United States'   Other Rubber Products have decreased by $-753k (-0.28%) from $267M to $266M, while imports increased by $1.66M (0.44%) from $377M to $378M.

Destinations In November 2024, Other Rubber Products were exported mostly to N/A, and were imported mostly from Mexico ($88.1M), China ($57.4M), Canada ($28.7M), Japan ($28.3M), and Germany ($25.4M).

Growth In November 2024, the decrease in Other Rubber Products's year-by-year exports was explained primarily by a decrease in exports to Ireland ($-2.77M or -57.5%), China ($-2.15M or -21%), and Russia ($-1.28M or -98.5%). In November 2024, the increase in Other Rubber Products's year-by-year imports was explained primarily by an increase in imports from Mexico ($12M or 17.5%), Chinese Taipei ($4.6M or 18.2%), and Germany ($4.52M or 21.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-753k(-0.28%)
IMPORT GROWTH (November 2023 - November 2024)$1.66M(0.44%)
MAIN EXPORTER (November 2024)Texas$54.3M

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.64B
IMPORTS (2023)$4.84B
NET TRADE (2023)-$1.2B

In 2023, United States exported $3.64B in Other Rubber Products. The main destinations of United States exports on Other Rubber Products were Mexico ($893M), Canada ($590M), China ($236M), Germany ($159M), and Brazil ($130M).

In 2023, United States imported $4.84B in Other Rubber Products, mainly from Mexico ($1.08B), China ($798M), Canada ($460M), Japan ($390M), and Germany ($362M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Rubber Products EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$36.4M (6.59%)
Mexico$26.8M (3.1%)
Thailand$23.4M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Rubber Products BY United States WERE (2022 - 2023):
China-$20.1M (-7.84%)
Spain-$15.5M (-30.1%)
South Africa-$11.2M (-34.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Other Rubber Products were:
China $4.75B
Germany $4.19B
In 2023, United States's main importing competitors in Other Rubber Products were:
Germany $3.55B
Mexico $1.84B

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Trade Value of Other Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALCanada+ $129M

Other Rubber Products’s highest export potential is N/A. With an export gap of N/A.   Other Rubber Products’s highest import potential is Canada with an import gap of $129M.

See methodology.

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