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2023
Exports $268MWorld Rnk 2 / 147
Flag Rnk 691 / 1215
2023
Destination $5.87M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $5.87MIndia
2023
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.34Rnk 442 / 1025
2023
Imports $146MWorld Rnk 1 / 214
Flag Rnk 561 / 1214
2023
Origin $8.41M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $8.41MThailand
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $268M in Pharmaceutical Rubber Products, making it the 2nd largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 691st most exported product in China. The main destination of Pharmaceutical Rubber Products exports from China are: United Kingdom ($35.1M), Brazil ($17.3M), India ($11.1M), Germany ($10.2M), and Indonesia ($9.44M).

The fastest growing export markets for Pharmaceutical Rubber Products of China between 2022 and 2023 were India ($5.87M), Spain ($4.17M), and Italy ($2.55M).

Imports In 2023, China imported $146M in Pharmaceutical Rubber Products, becoming the 1st largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 561st most imported product in China. China imports Pharmaceutical Rubber Products primarily from: Thailand ($70M), Japan ($35.7M), France ($15.4M), Malaysia ($11.4M), and India ($6.96M).

The fastest growing import markets in Pharmaceutical Rubber Products for China between 2022 and 2023 were Thailand ($8.41M), Japan ($4.2M), and Malaysia ($2.57M).

COMPANIES In 2024, leading companies such as Walmart (1) were at the forefront of shipping Pharmaceutical Rubber Products from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Pharmaceutical Rubber Products exports accounted up to $18.1M and imports accounted up to $10.1M, resulting in a positive trade balance of $8.01M. Between December 2023 and December 2024 the exports of China's   Pharmaceutical Rubber Products have increased by $2.93M (19.2%) from $15.2M to $18.1M, while imports decreased by $-2.42M (-19.3%) from $12.6M to $10.1M.

Destinations In December 2024, Pharmaceutical Rubber Products were exported mostly to Russia ($1.07M), South Africa ($1.06M), Peru ($893k), Pakistan ($843k), and Mozambique ($823k), and were imported mostly from Thailand ($6.21M), Japan ($2.52M), Malaysia ($664k), India ($660k), and United States ($70.9k).

Growth In December 2024, the increase in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by an increase in exports to Vietnam ($552k or 229%), Germany ($456k or 80.7%), and United States ($400k or 167%). In December 2024, the decrease in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by a decrease in imports from Japan ($-398k or -15%), India ($-388k or -53.6%), and Spain ($-35.3k or -99.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$2.93M(19.2%)
IMPORT GROWTH (December 2023 - December 2024)$-2.42M(-19.3%)
MAIN EXPORTER (December 2024)Jiangsu Province$4.69M
MAIN DESTINATION (December 2024)Russia$1.07M

This section shows Pharmaceutical 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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$268M
IMPORTS (2023)$146M
NET TRADE (2023)$122M

In 2023, China exported $268M in Pharmaceutical Rubber Products. The main destinations of China exports on Pharmaceutical Rubber Products were United Kingdom ($35.1M), Brazil ($17.3M), India ($11.1M), Germany ($10.2M), and Indonesia ($9.44M).

In 2023, China imported $146M in Pharmaceutical Rubber Products, mainly from Thailand ($70M), Japan ($35.7M), France ($15.4M), Malaysia ($11.4M), and India ($6.96M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR China WERE (2022 - 2023):
India$5.87M (112%)
Spain$4.17M (82.5%)
Italy$2.55M (54.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY China WERE (2022 - 2023):
Kuwait-$5.83M (-87.1%)
Russia-$5.08M (-42.2%)
Brazil-$3M (-14.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Pharmaceutical Rubber Products were:
Thailand $339M
France $164M
In 2023, China's main importing competitors in Pharmaceutical Rubber Products were:
United States $91.7M
Italy $73.9M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.83M
TOP IMPORT POTENTIALIndia+ $6.21M

Pharmaceutical Rubber Products’s highest export potential is India. With an export gap of $4.83M.   Pharmaceutical Rubber Products’s highest import potential is India with an import gap of $6.21M.

See methodology.

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