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Pricing

2023
Exports $20MWorld Rnk 6 / 97
Flag Rnk 956 / 1217
2023
Destination $2.43M Canada
2022 - 2023
FASTEST GROWING MARKET $2.43MMalaysia
2023
Imports $94.8MWorld Rnk 2 / 166
Flag Rnk 873 / 1215
2023
Origin $17.8M Canada
2022 - 2023
FASTEST GROWING ORIGIN $17.8MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $20M in Reclaimed Rubber, making it the 6th largest exporter of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 956th most exported product in United States. The main destination of Reclaimed Rubber exports from United States are: Canada ($9.81M), Malaysia ($2.5M), China ($1.36M), Thailand ($1.06M), and Qatar ($1.04M).

The fastest growing export markets for Reclaimed Rubber of United States between 2022 and 2023 were Malaysia ($2.43M), India ($580k), and Argentina ($577k).

Imports In 2023, United States imported $94.8M in Reclaimed Rubber, becoming the 2nd largest importer of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 873rd most imported product in United States. United States imports Reclaimed Rubber primarily from: Canada ($73.4M), India ($11M), China ($3.87M), Malaysia ($1.56M), and Netherlands ($1.4M).

The fastest growing import markets in Reclaimed Rubber for United States between 2022 and 2023 were Canada ($17.8M), Australia ($1.09M), and Germany ($490k).

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

November 2024

About

Overview In November 2024 United States' Reclaimed Rubber exports accounted up to $2.66M and imports accounted up to $8.8M, resulting in a negative trade balance of $6.14M. Between November 2023 and November 2024 the exports of United States'   Reclaimed Rubber have increased by $266k (11.1%) from $2.39M to $2.66M, while imports increased by $411k (4.9%) from $8.39M to $8.8M.

Destinations In November 2024, Reclaimed Rubber were exported mostly to Canada ($910k), Thailand ($704k), Japan ($649k), Malaysia ($207k), and China ($75.6k), and were imported mostly from Canada ($6.78M), India ($894k), Germany ($431k), China ($249k), and Australia ($149k).

Growth In November 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 November 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 (November 2023 - November 2024)$266k(11.1%)
IMPORT GROWTH (November 2023 - November 2024)$411k(4.9%)
MAIN EXPORTER (November 2024)Ohio$1.03M
MAIN DESTINATION (November 2024)Canada$910k

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 (2023)$20M
IMPORTS (2023)$94.8M
NET TRADE (2023)-$74.8M

In 2023, United States exported $20M in Reclaimed Rubber. The main destinations of United States exports on Reclaimed Rubber were Canada ($9.81M), Malaysia ($2.5M), China ($1.36M), Thailand ($1.06M), and Qatar ($1.04M).

In 2023, United States imported $94.8M in Reclaimed Rubber, mainly from Canada ($73.4M), India ($11M), China ($3.87M), Malaysia ($1.56M), and Netherlands ($1.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Reclaimed Rubber EXPORT MARKETS FOR United States WERE (2022 - 2023):
Malaysia$2.43M (3.73k%)
India$580k (403%)
Argentina$577k (5.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reclaimed Rubber BY United States WERE (2022 - 2023):
El Salvador-$2.31M (-94.8%)
Canada-$1.2M (-10.9%)
Philippines-$315k (-84%)
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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 Reclaimed Rubber were:
India $79.9M
Canada $78.4M
China $53.5M
In 2023, United States's main importing competitors in Reclaimed Rubber were:
China $96.7M
South Korea $17.4M

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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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