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400260 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.06BRnk 2129 / 4648
2022
Top Exporter | Top Importer $424M | $108MRussia | Thailand
2022
Product Complexity 0.81Rnk 1086 / 4653
2021 - 2022
Export Growth (CAGR) 8.51%Rnk 1770 / 4648
2022
Share of World Trade 0.0045%Rnk 2129 / 4648

About

Overview This page contains the latest trade data of Isoprene rubber (IR). In 2022, Isoprene rubber (IR) were the world's 2129th most traded product, with a total trade of $1.06B. Between 2021 and 2022 the exports of Isoprene rubber (IR) grew by 8.51%, from $974M to $1.06B. Trade in Isoprene rubber (IR) represent 0.0045% of total world trade.

Isoprene rubber (IR) are a part of Synthetic Rubber.

Exports In 2022 the top exporters of Isoprene rubber (IR)  were Russia ($424M), Japan ($214M), United States ($118M), Brazil ($57.3M), and China ($46.5M).

Imports In 2022 the top importers of Isoprene rubber (IR) were Thailand ($108M), China ($104M), Malaysia ($79.6M), United States ($61M), and Germany ($60.7M).

Ranking Isoprene rubber (IR) ranks 1086th in the Product Complexity Index (PCI).

Description Most isoprene rubber is used in the production of synthetic rubber with great tensile strength and elasticity.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Isoprene rubber (IR). 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 (2022)Russia$424M
Top Destination (2022)Thailand$108M

In 2022 Isoprene rubber (IR) were the world's 2129th most traded product (out of 4,648).

In 2022, the top exporters of Isoprene rubber (IR) were Russia ($424M), Japan ($214M), United States ($118M), Brazil ($57.3M), and China ($46.5M).

In 2022, the top importers of Isoprene rubber (IR) were Thailand ($108M), China ($104M), Malaysia ($79.6M), United States ($61M), and Germany ($60.7M).

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Exporters of Isoprene rubber (IR) (2022)
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Importers of Isoprene rubber (IR) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$31.1M
Top Destination Growth (2021 -  2022)China$47.4M

Between 2021 and 2022, the exports of Isoprene rubber (IR) grew the fastest in China ($31.1M), Turkey ($19.7M), Brazil ($19M), United States ($17.2M), and Japan ($16.5M).

Between 2021 and 2022, the fastest growing importers of Isoprene rubber (IR) were China ($47.4M), Romania ($33M), Malaysia ($12.8M), Vietnam ($11.5M), and Italy ($9.49M).

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Exporters of Isoprene rubber (IR) (2021 - 2022)

Importers of Isoprene rubber (IR) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Isoprene rubber (IR).

In 2022, market concentration measured using Shannon Entropy, was 2.97. This means that most of the exports of Isoprene rubber (IR) are explained by 7 countries.

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Value of Exports in Isoprene rubber (IR)

Net Trade

TOP NET EXPORTER (2022)Russia$424M
TOP NET IMPORTER (2022)Thailand$84.8M

This map shows which countries export or import more of Isoprene rubber (IR). Each country is colored based on the difference in exports and imports of Isoprene rubber (IR) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Isoprene rubber (IR) were Russia ($424M), Japan ($171M), United States ($56.9M), Brazil ($18.3M), and Netherlands ($10.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Isoprene rubber (IR) were Thailand ($84.8M), Malaysia ($67.2M), China ($57.4M), Germany ($56.7M), and Romania ($51.6M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Isoprene rubber (IR) 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 (2022)

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