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401692 (Harmonized System 1992 for 6-digit)

2023
World Trade $176MRnk 3756 / 4644
2023
Top Exporter | Top Importer $114M | undefinedChina | N/A
2023
Product Complexity 0.62Rnk 1454 / 4656
2022 - 2023
Export Growth (CAGR) 6.81%Rnk 886 / 4644
2023
Share of World Trade 0.00078%Rnk 3756 / 4644

About

Overview This page contains the latest trade data of Erasers (vulcanised rubber). In 2023, Erasers (vulcanised rubber) were the world's 3756th most traded product, with a total trade of $176M. Between 2022 and 2023 the exports of Erasers (vulcanised rubber) grew by 6.81%, from $164M to $176M. Trade in Erasers (vulcanised rubber) represent 0.00078% of total world trade.

Erasers (vulcanised rubber) are a part of Other Rubber Products.

Exports In 2023 the top exporters of Erasers (vulcanised rubber)  were China ($114M), Spain ($8.49M), Chinese Taipei ($5.62M), Germany ($5.54M), and Japan ($5.31M).

Imports In 2023 the top importers of Erasers (vulcanised rubber) were N/A.

Ranking Erasers (vulcanised rubber) ranks 1454th in the Product Complexity Index (PCI).

Description The common uses of erasers (vulcanised rubber) are in the public school and in a pencil-making factory. In the public school setting, erasers are used to remove mistakes from written work. In the pencil-making factory, erasers are used to remove mistakes from the pencils before they are packaged and shipped to the public schools.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Erasers (vulcanised rubber). Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$114M

In 2023 Erasers (vulcanised rubber) were the world's 3756th most traded product (out of 4,644).

In 2023, the top exporters of Erasers (vulcanised rubber) were China ($114M), Spain ($8.49M), Chinese Taipei ($5.62M), Germany ($5.54M), and Japan ($5.31M).

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Exporters of Erasers (vulcanised rubber) (2023)
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Importers of Erasers (vulcanised rubber) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$10.4M
Top Destination Growth (2022 -  2023)Greece$4.37M

Between 2022 and 2023, the exports of Erasers (vulcanised rubber) grew the fastest in China ($10.4M), Greece ($2.82M), Spain ($2.75M), Japan ($1.12M), and Netherlands ($764k).

Between 2022 and 2023, the fastest growing importers of Erasers (vulcanised rubber) were Greece ($4.37M), Thailand ($3.58M), Philippines ($3.28M), Italy ($3.19M), and Russia ($2.45M).

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Exporters of Erasers (vulcanised rubber) (2022 - 2023)

Importers of Erasers (vulcanised rubber) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Erasers (vulcanised rubber).

In 2023, market concentration measured using Shannon Entropy, was 2.53. This means that most of the exports of Erasers (vulcanised rubber) are explained by 5 countries.

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Value of Exports in Erasers (vulcanised rubber)

Net Trade

TOP NET EXPORTER (2023)China$112M
TOP NET IMPORTER (2023)Mexico$9.91M

This map shows which countries export or import more of Erasers (vulcanised rubber). Each country is colored based on the difference in exports and imports of Erasers (vulcanised rubber) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Erasers (vulcanised rubber) were China ($112M), Spain ($5.87M), Chinese Taipei ($5.05M), Japan ($3.97M), and Malaysia ($1.02M).

In 2023, the countries that had a largest trade value in imports than in exports of Erasers (vulcanised rubber) were Mexico ($9.91M), United States ($8.61M), Italy ($6.97M), Russia ($5.48M), and Indonesia ($4.91M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Erasers (vulcanised rubber).
It is possible to select the main countries that export or import Erasers (vulcanised rubber) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Erasers (vulcanised rubber) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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