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2022
Exports $2.17BWorld Rnk 2 / 195
Flag Rnk 283 / 1216
2022
Destination $18.5M United States
2021 - 2022
FASTEST GROWING MARKET $18.5MHong Kong
2022
PRODUCT COMPLEXITY IN Rubber Apparel-0.51Rnk 706 / 1025
2022
Imports $439MWorld Rnk 5 / 221
Flag Rnk 376 / 1212
2022
Origin $2.46M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $2.46MSri Lanka
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.17B in Rubber Apparel, making it the 2nd largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 283rd most exported product in China. The main destination of Rubber Apparel exports from China are: United States ($608M), United Kingdom ($184M), Germany ($129M), Russia ($75.2M), and Italy ($74.4M).

The fastest growing export markets for Rubber Apparel of China between 2021 and 2022 were Hong Kong ($18.5M), Turkey ($17M), and Ethiopia ($13.9M).

Imports In 2022, China imported $439M in Rubber Apparel, becoming the 5th largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 376th most imported product in China. China imports Rubber Apparel primarily from: Malaysia ($258M), Thailand ($109M), Indonesia ($38M), United States ($6.87M), and China ($6.37M).

The fastest growing import markets in Rubber Apparel for China between 2021 and 2022 were Sri Lanka ($2.46M), United States ($2.09M), and China ($1.82M).

COMPANIES In 2023, leading companies such as Lollicup (47), CrimsonLogic (11), and IKEA Group (8) were at the forefront of shipping Rubber Apparel from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Rubber Apparel exports accounted up to $221M and imports accounted up to $21.5M, resulting in a positive trade balance of $199M. Between October 2023 and October 2024 the exports of China's   Rubber Apparel have increased by $82M (59.2%) from $139M to $221M, while imports increased by $5.69M (36%) from $15.8M to $21.5M.

Destinations In October 2024, Rubber Apparel were exported mostly to United States ($78M), Germany ($11.5M), Japan ($8.86M), United Kingdom ($8.68M), and Russia ($8.67M), and were imported mostly from Malaysia ($12.8M), Thailand ($4.06M), Indonesia ($2.27M), China ($626k), and United States ($400k).

Growth In October 2024, the increase in Rubber Apparel's year-by-year exports was explained primarily by an increase in exports to Trinidad and Tobago ($1.03M or 515%), Russia ($783k or 13.7%), and Philippines ($701k or 66.5%). In October 2024, the increase in Rubber Apparel's year-by-year imports was explained primarily by an increase in imports from France ($107k or 189%), Japan ($68.2k or 37.9%), and Sri Lanka ($45.3k or 34.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$82M(59.2%)
IMPORT GROWTH (October 2023 - October 2024)$5.69M(36%)
MAIN EXPORTER (October 2024)Shandong Province$66.2M
MAIN DESTINATION (October 2024)United States$78M

This section shows Rubber Apparel'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 Rubber Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.17B
IMPORTS (2022)$439M
NET TRADE (2022)$1.73B

In 2022, China exported $2.17B in Rubber Apparel. The main destinations of China exports on Rubber Apparel were United States ($608M), United Kingdom ($184M), Germany ($129M), Russia ($75.2M), and Italy ($74.4M).

In 2022, China imported $439M in Rubber Apparel, mainly from Malaysia ($258M), Thailand ($109M), Indonesia ($38M), United States ($6.87M), and China ($6.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$18.5M (176%)
Turkey$17M (104%)
Ethiopia$13.9M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY China WERE (2021 - 2022):
United States-$1.9B (-75.8%)
Canada-$450M (-91.9%)
France-$90.9M (-70.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rubber Apparel were:
Malaysia $4.78B
Thailand $1.74B
In 2022, China's main importing competitors in Rubber Apparel were:
United States $3.13B
Germany $839M
United Kingdom $572M

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Trade Value of Rubber Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $33.1M
TOP IMPORT POTENTIALThailand+ $27.4M

Rubber Apparel’s highest export potential is Japan. With an export gap of $33.1M.   Rubber Apparel’s highest import potential is Thailand with an import gap of $27.4M.

See methodology.

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