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2023
Exports $46.8MWorld Rnk 7 / 102
Flag Rnk 2874 / 4593
2023
Destination $6.05M Vietnam
2022 - 2023
FASTEST GROWING MARKET $6.05MVietnam
2023
Imports $201MWorld Rnk 1 / 176
Flag Rnk 764 / 4516
2023
Origin $3.25M Japan
2022 - 2023
FASTEST GROWING ORIGIN $3.25MItaly
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $46.8M in Styrene-butadiene rubber (SBR/XSBR) latex, making it the 7th largest exporter of Styrene-butadiene rubber (SBR/XSBR) latex in the world. At the same year, Styrene-butadiene rubber (SBR/XSBR) latex was the 2874th most exported product in China. The main destination of Styrene-butadiene rubber (SBR/XSBR) latex exports from China are: Vietnam ($16.1M), South Korea ($6.87M), Malaysia ($4.63M), Russia ($4.32M), and Indonesia ($2.03M).

The fastest growing export markets for Styrene-butadiene rubber (SBR/XSBR) latex of China between 2022 and 2023 were Vietnam ($6.05M), Russia ($2.21M), and Malaysia ($1.85M).

Imports In 2023, China imported $201M in Styrene-butadiene rubber (SBR/XSBR) latex, becoming the 1st largest importer of Styrene-butadiene rubber (SBR/XSBR) latex in the world. At the same year, Styrene-butadiene rubber (SBR/XSBR) latex was the 764th most imported product in China. China imports Styrene-butadiene rubber (SBR/XSBR) latex primarily from: Japan ($97.3M), South Korea ($39.7M), Germany ($23.8M), United States ($16.9M), and Italy ($11.3M).

The fastest growing import markets in Styrene-butadiene rubber (SBR/XSBR) latex for China between 2022 and 2023 were Italy ($3.25M), Chinese Taipei ($2.2M), and Netherlands ($1.4M).

COMPANIES In 2024, leading companies such as CrimsonLogic (105k), IKEA Group (37.3k), and Walmart (28.1k) were at the forefront of shipping Styrene-butadiene rubber (SBR/XSBR) latex from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Styrene-butadiene rubber (SBR/XSBR) latex exports accounted up to $7.9M and imports accounted up to $14.6M, resulting in a negative trade balance of $6.67M. Between December 2023 and December 2024 the exports of China's   Styrene-butadiene rubber (SBR/XSBR) latex have increased by $3.57M (82.3%) from $4.33M to $7.9M, while imports increased by $145k (1.01%) from $14.4M to $14.6M.

Destinations In December 2024, Styrene-butadiene rubber (SBR/XSBR) latex were exported mostly to N/A, and were imported mostly from Japan ($9.09M), South Korea ($2.65M), United States ($1.18M), Germany ($1.1M), and Chinese Taipei ($310k).

Growth In December 2024, the increase in Styrene-butadiene rubber (SBR/XSBR) latex's year-by-year exports was explained primarily by an increase in exports to N/A. In December 2024, the increase in Styrene-butadiene rubber (SBR/XSBR) latex's year-by-year imports was explained primarily by an increase in imports from Japan ($939k or 21.5%), Italy ($319k or 133%), and South Korea ($98.3k or 4.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$3.57M(82.3%)
IMPORT GROWTH (December 2023 - December 2024)$145k(1.01%)
MAIN EXPORTER (December 2024)Jiangsu Province$2.6M

This section shows Styrene-butadiene rubber (SBR/XSBR) latex'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 Styrene-butadiene rubber (SBR/XSBR) latex over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Styrene-butadiene rubber (SBR/XSBR) latex throughout time. Products without a clear unit are excluded.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$46.8M
IMPORTS (2023)$201M
NET TRADE (2023)-$154M

In 2023, China exported $46.8M in Styrene-butadiene rubber (SBR/XSBR) latex. The main destinations of China exports on Styrene-butadiene rubber (SBR/XSBR) latex were Vietnam ($16.1M), South Korea ($6.87M), Malaysia ($4.63M), Russia ($4.32M), and Indonesia ($2.03M).

In 2023, China imported $201M in Styrene-butadiene rubber (SBR/XSBR) latex, mainly from Japan ($97.3M), South Korea ($39.7M), Germany ($23.8M), United States ($16.9M), and Italy ($11.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Styrene-butadiene rubber (SBR/XSBR) latex EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$6.05M (60.2%)
Russia$2.21M (104%)
Malaysia$1.85M (66.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene-butadiene rubber (SBR/XSBR) latex BY China WERE (2022 - 2023):
Pakistan-$1.23M (-47.7%)
Mexico-$436k (-53.5%)
Iran-$302k (-54.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Styrene-butadiene rubber (SBR/XSBR) latex were:
Germany $331M
United States $143M
Japan $128M
In 2023, China's main importing competitors in Styrene-butadiene rubber (SBR/XSBR) latex were:
Turkey $74.5M
Germany $56.7M

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Trade Value of Styrene-butadiene rubber (SBR/XSBR) latex by Exporters

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