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400231 (Harmonized System 1992 for 6-digit)

2023
World Trade $626MRnk 2618 / 4644
2023
Top Exporter | Top Importer $185M | $188MRussia | China
2023
Product Complexity 0.89Rnk 981 / 4656
2022 - 2023
Export Growth (CAGR) -16.5%Rnk 3378 / 4644
2023
Share of World Trade 0.0028%Rnk 2618 / 4644

About

Overview This page contains the latest trade data of Isobutene-isoprene (butyl) rubber (IIR). In 2023, Isobutene-isoprene (butyl) rubber (IIR) were the world's 2618th most traded product, with a total trade of $626M. Between 2022 and 2023 the exports of Isobutene-isoprene (butyl) rubber (IIR) decreased by -16.5%, from $750M to $626M. Trade in Isobutene-isoprene (butyl) rubber (IIR) represent 0.0028% of total world trade.

Isobutene-isoprene (butyl) rubber (IIR) are a part of Synthetic Rubber.

Exports In 2023 the top exporters of Isobutene-isoprene (butyl) rubber (IIR)  were Russia ($185M), Singapore ($81.1M), China ($80.2M), United States ($52.7M), and Belgium ($49.2M).

Imports In 2023 the top importers of Isobutene-isoprene (butyl) rubber (IIR) were China ($188M), Thailand ($65.7M), India ($47.9M), Germany ($31.7M), and Indonesia ($23.8M).

Ranking Isobutene-isoprene (butyl) rubber (IIR) ranks 981st in the Product Complexity Index (PCI).

Description Isobutene-isoprene (iir) rubber is made from hydrocarbons and is used in a variety of applications. It is used to make tires, hoses, and conveyer belts.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Isobutene-isoprene (butyl) rubber (IIR). 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)Russia$185M
Top Destination (2023)China$188M

In 2023 Isobutene-isoprene (butyl) rubber (IIR) were the world's 2618th most traded product (out of 4,644).

In 2023, the top exporters of Isobutene-isoprene (butyl) rubber (IIR) were Russia ($185M), Singapore ($81.1M), China ($80.2M), United States ($52.7M), and Belgium ($49.2M).

In 2023, the top importers of Isobutene-isoprene (butyl) rubber (IIR) were China ($188M), Thailand ($65.7M), India ($47.9M), Germany ($31.7M), and Indonesia ($23.8M).

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Exporters of Isobutene-isoprene (butyl) rubber (IIR) (2023)
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Importers of Isobutene-isoprene (butyl) rubber (IIR) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$17.5M
Top Destination Growth (2022 -  2023)Egypt$3.31M

Between 2022 and 2023, the exports of Isobutene-isoprene (butyl) rubber (IIR) grew the fastest in China ($17.5M), France ($3.41M), Canada ($1.83M), Poland ($1.34M), and Hungary ($1.29M).

Between 2022 and 2023, the fastest growing importers of Isobutene-isoprene (butyl) rubber (IIR) were Egypt ($3.31M), Poland ($2.34M), Germany ($1.97M), Belgium ($1.48M), and Latvia ($1.39M).

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Exporters of Isobutene-isoprene (butyl) rubber (IIR) (2022 - 2023)

Importers of Isobutene-isoprene (butyl) rubber (IIR) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Isobutene-isoprene (butyl) rubber (IIR).

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Isobutene-isoprene (butyl) rubber (IIR) are explained by 10 countries.

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Value of Exports in Isobutene-isoprene (butyl) rubber (IIR)

Net Trade

TOP NET EXPORTER (2023)Russia$185M
TOP NET IMPORTER (2023)China$108M

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

In 2023, the countries that had a largest trade value in exports than in imports of Isobutene-isoprene (butyl) rubber (IIR) were Russia ($185M), Singapore ($59.4M), Saudi Arabia ($43.8M), United States ($32.5M), and Canada ($32.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Isobutene-isoprene (butyl) rubber (IIR) were China ($108M), Thailand ($64.1M), India ($33.6M), Germany ($26.6M), and Indonesia ($23.8M).

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 Isobutene-isoprene (butyl) rubber (IIR).
It is possible to select the main countries that export or import Isobutene-isoprene (butyl) rubber (IIR) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Isobutene-isoprene (butyl) rubber (IIR) 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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