2023
Exports
$1.45BWorld Rnk 8 / 142
Flag Rnk 23 / 1200
2023
PRODUCT COMPLEXITY IN Synthetic Rubber
0.45Rnk 383 / 1025
2023
Imports
$107MWorld Rnk 32 / 205
Flag Rnk 335 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $1.45B in Synthetic Rubber, making it the 8th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 23rd most exported product in Russia. The main destination of Synthetic Rubber exports from Russia are: China ($705M), Turkey ($159M), India ($90.3M), Poland ($86.3M), and Brazil ($64M).

The fastest growing export markets for Synthetic Rubber of Russia between 2022 and 2023 were China ($97.9M), Thailand ($18.2M), and Lithuania ($10.2M).

Imports In 2023, Russia imported $107M in Synthetic Rubber, becoming the 32nd largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 335th most imported product in Russia. Russia imports Synthetic Rubber primarily from: China ($85.5M), Turkey ($8.93M), Chinese Taipei ($2.12M), Belgium ($1.97M), and India ($1.56M).

The fastest growing import markets in Synthetic Rubber for Russia between 2022 and 2023 were China ($25M), Turkey ($3.04M), and India ($810k).

COMPANIES In 2021, leading companies such as Continental Tire (57) and Pirelli Tires (10) were at the forefront of shipping Synthetic Rubber from Russia to the United States.

Latest Trends

Dec 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 (2023)$1.45B
IMPORTS (2023)$107M
NET TRADE (2023)$1.34B

In 2023, Russia exported $1.45B in Synthetic Rubber. The main destinations of Russia exports on Synthetic Rubber were China ($705M), Turkey ($159M), India ($90.3M), Poland ($86.3M), and Brazil ($64M).

In 2023, Russia imported $107M in Synthetic Rubber, mainly from China ($85.5M), Turkey ($8.93M), Chinese Taipei ($2.12M), Belgium ($1.97M), and India ($1.56M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$97.9M (16.1%)
Thailand$18.2M (56.5%)
Lithuania$10.2M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Russia WERE (2022 - 2023):
Poland-$109M (-55.9%)
Romania-$91.4M (-65.4%)
United States-$67.8M (-90.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Synthetic Rubber were:
In 2023, Russia'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 POTENTIALChina+ $257M
TOP IMPORT POTENTIALChina+ $21.2M

Synthetic Rubber’s highest export potential is China. With an export gap of $257M.   Synthetic Rubber’s highest import potential is China with an import gap of $21.2M.

See methodology.

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