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2022
Exports $5.35BWorld Rnk 13 / 226
Flag Rnk 20 / 96
2022
Destination $356M United States
2021 - 2022
FASTEST GROWING MARKET $356MUnited States
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof0.93Rnk 199 / 1025
2022
Imports $3.99BWorld Rnk 15 / 226
Flag Rnk 22 / 96
2022
Origin $108M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $108MChina
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $5.35B in Rubber & articles thereof, making it the 13th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 20th most exported product in India. The main destination of Rubber & articles thereof exports from India are: United States ($1.23B), Germany ($329M), Brazil ($241M), Netherlands ($172M), and France ($164M).

The fastest growing export markets for Rubber & articles thereof of India between 2021 and 2022 were United States ($356M), Brazil ($41.8M), and Canada ($32.5M).

Imports In 2022, India imported $3.99B in Rubber & articles thereof, becoming the 15th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 22nd most imported product in India. India imports Rubber & articles thereof primarily from: Thailand ($388M), China ($379M), South Korea ($354M), Japan ($332M), and Singapore ($250M).

The fastest growing import markets in Rubber & articles thereof for India between 2021 and 2022 were China ($108M), Cote d'Ivoire ($102M), and Japan ($48.4M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubber & articles thereof. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.35B
IMPORTS (2022)$3.99B
NET TRADE (2022)$1.36B

In 2022, India exported $5.35B in Rubber & articles thereof. The main destinations of India exports on Rubber & articles thereof were United States ($1.23B), Germany ($329M), Brazil ($241M), Netherlands ($172M), and France ($164M).

In 2022, India imported $3.99B in Rubber & articles thereof, mainly from Thailand ($388M), China ($379M), South Korea ($354M), Japan ($332M), and Singapore ($250M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$356M (40.5%)
Brazil$41.8M (21%)
Canada$32.5M (40.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY India WERE (2021 - 2022):
Nepal-$19.1M (-16.6%)
United Kingdom-$15M (-8.48%)
Sri Lanka-$15M (-25.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Thailand $20.1B
Germany $17.1B
In 2022, India's main importing competitors in Rubber & articles thereof were:
United States $36.1B
China $17.3B
Germany $16.5B

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $589M
TOP IMPORT POTENTIALChina+ $434M

Rubber & articles thereof’s highest export potential is United States. With an export gap of $589M.   Rubber & articles thereof’s highest import potential is China with an import gap of $434M.

See methodology.

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