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2022
Exports $196MWorld Rnk 9 / 195
Flag Rnk 590 / 1217
2022
Destination $2.09M Canada
2021 - 2022
FASTEST GROWING MARKET $2.09MChina
2022
PRODUCT COMPLEXITY IN Rubber Apparel-0.51Rnk 706 / 1025
2022
Imports $3.13BWorld Rnk 1 / 221
Flag Rnk 176 / 1216
2022
Origin $4.54M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $4.54MHong Kong
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $196M in Rubber Apparel, making it the 9th largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 590th most exported product in United States. The main destination of Rubber Apparel exports from United States are: Canada ($49.1M), Mexico ($38.6M), Malaysia ($34.3M), China ($6.87M), and Costa Rica ($6.39M).

The fastest growing export markets for Rubber Apparel of United States between 2021 and 2022 were China ($2.09M), Venezuela ($1.26M), and Ireland ($988k).

Imports In 2022, United States imported $3.13B in Rubber Apparel, becoming the 1st largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 176th most imported product in United States. United States imports Rubber Apparel primarily from: Malaysia ($1.39B), Thailand ($714M), China ($608M), Indonesia ($206M), and Sri Lanka ($78.5M).

The fastest growing import markets in Rubber Apparel for United States between 2021 and 2022 were Hong Kong ($4.54M), Mexico ($2.57M), and Germany ($1.39M).

COMPANIES In 2023, leading companies such as Halyard Health (1.44k), Lollicup (48), and DuPont (12) were at the forefront of shipping Rubber Apparel to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Rubber Apparel exports accounted up to $14.7M and imports accounted up to $215M, resulting in a negative trade balance of $200M. Between August 2023 and August 2024 the exports of United States'   Rubber Apparel have increased by $524k (3.69%) from $14.2M to $14.7M, while imports increased by $23.7M (12.4%) from $191M to $215M.

Destinations In August 2024, Rubber Apparel were exported mostly to Canada ($4.19M), Mexico ($3.53M), China ($582k), France ($562k), and Costa Rica ($557k), and were imported mostly from Malaysia ($98.3M), Thailand ($45.8M), China ($45.1M), Indonesia ($12.4M), and Vietnam ($6.39M).

Growth In August 2024, the increase in Rubber Apparel's year-by-year exports was explained primarily by an increase in exports to Thailand ($372k or 1.45k%), Nigeria ($232k or 4.65k%), and Australia ($158k or 767%). In August 2024, the increase in Rubber Apparel's year-by-year imports was explained primarily by an increase in imports from Sri Lanka ($2.42M or 49.2%), South Korea ($218k or 170%), and Lithuania ($150k or 1.87k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$524k(3.69%)
IMPORT GROWTH (August 2023 - August 2024)$23.7M(12.4%)
MAIN EXPORTER (August 2024)Florida$5.06M
MAIN DESTINATION (August 2024)Canada$4.19M

This section shows Rubber Apparel'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 Rubber Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$196M
IMPORTS (2022)$3.13B
NET TRADE (2022)-$2.93B

In 2022, United States exported $196M in Rubber Apparel. The main destinations of United States exports on Rubber Apparel were Canada ($49.1M), Mexico ($38.6M), Malaysia ($34.3M), China ($6.87M), and Costa Rica ($6.39M).

In 2022, United States imported $3.13B in Rubber Apparel, mainly from Malaysia ($1.39B), Thailand ($714M), China ($608M), Indonesia ($206M), and Sri Lanka ($78.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$2.09M (43.7%)
Venezuela$1.26M (72.2%)
Ireland$988k (185%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY United States WERE (2021 - 2022):
Canada-$37.3M (-43.2%)
Mexico-$11.9M (-23.6%)
Indonesia-$11.6M (-94.3%)
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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 Rubber Apparel were:
Malaysia $4.78B
China $2.17B
Thailand $1.74B
In 2022, United States's main importing competitors in Rubber Apparel were:
Germany $839M
United Kingdom $572M

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Trade Value of Rubber Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.3M
TOP IMPORT POTENTIALVietnam+ $16.7M

Rubber Apparel’s highest export potential is China. With an export gap of $4.3M.   Rubber Apparel’s highest import potential is Vietnam with an import gap of $16.7M.

See methodology.

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