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Synthetic rubber, factice except latex from oils, nes

400299 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.29BRnk 1369 / 4648
2022
Top Exporter | Top Importer $477M | $239MChina | China
2022
Product Complexity 0.78Rnk 1130 / 4653
2021 - 2022
Export Growth (CAGR) 11.3%Rnk 1477 / 4648
2022
Share of World Trade 0.0097%Rnk 1369 / 4648

About

Overview This page contains the latest trade data of Other synthetic rubber or factice, except latex, from oils. In 2022, Other synthetic rubber or factice, except latex, from oils were the world's 1369th most traded product, with a total trade of $2.29B. Between 2021 and 2022 the exports of Other synthetic rubber or factice, except latex, from oils grew by 11.3%, from $2.06B to $2.29B. Trade in Other synthetic rubber or factice, except latex, from oils represent 0.0097% of total world trade.

Other synthetic rubber or factice, except latex, from oils are a part of Synthetic Rubber.

Exports In 2022 the top exporters of Other synthetic rubber or factice, except latex, from oils  were China ($477M), Japan ($411M), United States ($369M), Chinese Taipei ($267M), and Germany ($177M).

Imports In 2022 the top importers of Other synthetic rubber or factice, except latex, from oils were China ($239M), United States ($201M), Germany ($174M), Belgium ($160M), and Netherlands ($149M).

Ranking Other synthetic rubber or factice, except latex, from oils ranks 1130th in the Product Complexity Index (PCI).

Description In the absence of animal proteins, synthetic rubber is one of the few options for the manufacture of condoms. It is also used in the manufacture of gloves and a variety of other latex substitutes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other synthetic rubber or factice, except latex, from oils. 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)China$477M
Top Destination (2022)China$239M

In 2022 Other synthetic rubber or factice, except latex, from oils were the world's 1369th most traded product (out of 4,648).

In 2022, the top exporters of Other synthetic rubber or factice, except latex, from oils were China ($477M), Japan ($411M), United States ($369M), Chinese Taipei ($267M), and Germany ($177M).

In 2022, the top importers of Other synthetic rubber or factice, except latex, from oils were China ($239M), United States ($201M), Germany ($174M), Belgium ($160M), and Netherlands ($149M).

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Exporters of Other synthetic rubber or factice, except latex, from oils (2022)
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Importers of Other synthetic rubber or factice, except latex, from oils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$93.5M
Top Destination Growth (2021 -  2022)Cambodia$95.8M

Between 2021 and 2022, the exports of Other synthetic rubber or factice, except latex, from oils grew the fastest in Vietnam ($93.5M), China ($86.7M), United States ($22.6M), Germany ($19.3M), and United Kingdom ($12.7M).

Between 2021 and 2022, the fastest growing importers of Other synthetic rubber or factice, except latex, from oils were Cambodia ($95.8M), Japan ($36.6M), United States ($34.8M), Belgium ($24.6M), and Vietnam ($14.4M).

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Exporters of Other synthetic rubber or factice, except latex, from oils (2021 - 2022)

Importers of Other synthetic rubber or factice, except latex, from oils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other synthetic rubber or factice, except latex, from oils.

In 2022, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Other synthetic rubber or factice, except latex, from oils are explained by 11 countries.

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Value of Exports in Other synthetic rubber or factice, except latex, from oils

Net Trade

TOP NET EXPORTER (2022)Japan$316M
TOP NET IMPORTER (2022)Belgium$109M

This map shows which countries export or import more of Other synthetic rubber or factice, except latex, from oils. Each country is colored based on the difference in exports and imports of Other synthetic rubber or factice, except latex, from oils during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other synthetic rubber or factice, except latex, from oils were Japan ($316M), China ($238M), Chinese Taipei ($228M), United States ($168M), and Vietnam ($16.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Other synthetic rubber or factice, except latex, from oils were Belgium ($109M), Cambodia ($104M), Netherlands ($69.6M), India ($65.6M), and Brazil ($50.9M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other synthetic rubber or factice, except latex, from oils.
It is possible to select the main countries that export or import Other synthetic rubber or factice, except latex, from oils in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other synthetic rubber or factice, except latex, from oils 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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