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2022
Exports $23.7MWorld Rnk 6 / 88
Flag Rnk 962 / 1217
2022
Destination $2.06M Canada
2021 - 2022
FASTEST GROWING MARKET $2.06MCanada
2022
Imports $87.9MWorld Rnk 1 / 176
Flag Rnk 896 / 1216
2022
Origin $3.28M Canada
2021 - 2022
FASTEST GROWING ORIGIN $3.28MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $23.7M in Reclaimed Rubber, making it the 6th largest exporter of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 962nd most exported product in United States. The main destination of Reclaimed Rubber exports from United States are: Canada ($11.7M), Thailand ($4.58M), El Salvador ($1.49M), Japan ($1.04M), and China ($886k).

The fastest growing export markets for Reclaimed Rubber of United States between 2021 and 2022 were Canada ($2.06M), El Salvador ($1.47M), and Thailand ($1.26M).

Imports In 2022, United States imported $87.9M in Reclaimed Rubber, becoming the 1st largest importer of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 896th most imported product in United States. United States imports Reclaimed Rubber primarily from: Canada ($57.1M), India ($15.9M), China ($8.52M), Netherlands ($2.47M), and Malaysia ($1.15M).

The fastest growing import markets in Reclaimed Rubber for United States between 2021 and 2022 were Canada ($3.28M), India ($2.31M), and Netherlands ($500k).

COMPANIES In 2023, leading companies such as Continental Tire (176), Hankook Tires (12), and Bridgestone Tires (8) were at the forefront of shipping Reclaimed Rubber to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Reclaimed Rubber exports accounted up to $2.36M and imports accounted up to $7.85M, resulting in a negative trade balance of $5.49M. Between June 2023 and June 2024 the exports of United States'   Reclaimed Rubber have increased by $358k (17.9%) from $2M to $2.36M, while imports increased by $815k (11.6%) from $7.04M to $7.85M.

Destinations In June 2024, Reclaimed Rubber were exported mostly to Canada ($1.02M), Thailand ($430k), Japan ($254k), Malaysia ($245k), and Guatemala ($97.6k), and were imported mostly from Canada ($5.83M), India ($961k), China ($403k), Germany ($307k), and Malaysia ($205k).

Growth In June 2024, the increase in Reclaimed Rubber's year-by-year exports was explained primarily by an increase in exports to Qatar ($143k or 819%), Japan ($69.9k or 132%), and Mexico ($25.6k or 131%). In June 2024, the increase in Reclaimed Rubber's year-by-year imports was explained primarily by an increase in imports from India ($178k or 18.2%), Indonesia ($70.6k or 231%), and United Kingdom ($2.91k or 689%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$358k(17.9%)
IMPORT GROWTH (June 2023 - June 2024)$815k(11.6%)
MAIN EXPORTER (June 2024)Pennsylvania$665k
MAIN DESTINATION (June 2024)Canada$1.02M

This section shows Reclaimed Rubber'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 Reclaimed Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.7M
IMPORTS (2022)$87.9M
NET TRADE (2022)-$64.2M

In 2022, United States exported $23.7M in Reclaimed Rubber. The main destinations of United States exports on Reclaimed Rubber were Canada ($11.7M), Thailand ($4.58M), El Salvador ($1.49M), Japan ($1.04M), and China ($886k).

In 2022, United States imported $87.9M in Reclaimed Rubber, mainly from Canada ($57.1M), India ($15.9M), China ($8.52M), Netherlands ($2.47M), and Malaysia ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Reclaimed Rubber EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$2.06M (21.5%)
El Salvador$1.47M (6.97k%)
Thailand$1.26M (38.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reclaimed Rubber BY United States WERE (2021 - 2022):
Mexico-$612k (-65.4%)
South Korea-$544k (-95.7%)
India-$247k (-81.9%)
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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 Reclaimed Rubber were:
India $105M
China $78.1M
Canada $61.7M
In 2022, United States's main importing competitors in Reclaimed Rubber were:
China $68M
Thailand $18.8M

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Trade Value of Reclaimed Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $732k
TOP IMPORT POTENTIALIndia+ $3.75M

Reclaimed Rubber’s highest export potential is China. With an export gap of $732k.   Reclaimed Rubber’s highest import potential is India with an import gap of $3.75M.

See methodology.

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