2022
Exports
$340kWorld Rnk 78 / 145
Flag Rnk 626 / 1124
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$118MWorld Rnk 36 / 209
Flag Rnk 99 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $340k in Synthetic Rubber, making it the 78th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 626th most exported product in Pakistan. The main destination of Synthetic Rubber exports from Pakistan are: Nigeria ($208k), Oman ($94.9k), Netherlands ($12.9k), Afghanistan ($9.75k), and Ethiopia ($8.02k).

The fastest growing export markets for Synthetic Rubber of Pakistan between 2021 and 2022 were Oman ($32.9k), Netherlands ($12.3k), and Austria ($1.33k).

Imports In 2022, Pakistan imported $118M in Synthetic Rubber, becoming the 36th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 99th most imported product in Pakistan. Pakistan imports Synthetic Rubber primarily from: China ($48.8M), Chinese Taipei ($13.7M), South Korea ($11.7M), Russia ($7.66M), and Netherlands ($6.85M).

The fastest growing import markets in Synthetic Rubber for Pakistan between 2021 and 2022 were China ($26.3M), South Korea ($1.56M), and Latvia ($1.5M).

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 Synthetic Rubber. 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)$340k
IMPORTS (2022)$118M
NET TRADE (2022)-$118M

In 2022, Pakistan exported $340k in Synthetic Rubber. The main destinations of Pakistan exports on Synthetic Rubber were Nigeria ($208k), Oman ($94.9k), Netherlands ($12.9k), Afghanistan ($9.75k), and Ethiopia ($8.02k).

In 2022, Pakistan imported $118M in Synthetic Rubber, mainly from China ($48.8M), Chinese Taipei ($13.7M), South Korea ($11.7M), Russia ($7.66M), and Netherlands ($6.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Oman$32.9k (53.1%)
Netherlands$12.3k (2.03k%)
Austria$1.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Pakistan WERE (2021 - 2022):
Ethiopia-$122k (-93.8%)
Egypt-$31.5k (-100%)
Nigeria-$18.7k (-8.26%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Synthetic Rubber were:
In 2022, Pakistan's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $30k
TOP IMPORT POTENTIALChina+ $16.2M

Synthetic Rubber’s highest export potential is Netherlands. With an export gap of $30k.   Synthetic Rubber’s highest import potential is China with an import gap of $16.2M.

See methodology.

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