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Synthetic rubber, factice except latex from oils, nes

400299 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.69BRnk 1570 / 4644
2023
Top Exporter | Top Importer $357M | $205MJapan | China
2023
Product Complexity 0.92Rnk 893 / 4656
2022 - 2023
Export Growth (CAGR) -20.7%Rnk 3739 / 4644
2023
Share of World Trade 0.0075%Rnk 1570 / 4644

About

Overview This page contains the latest trade data of Other synthetic rubber or factice, except latex, from oils. In 2023, Other synthetic rubber or factice, except latex, from oils were the world's 1570th most traded product, with a total trade of $1.69B. Between 2022 and 2023 the exports of Other synthetic rubber or factice, except latex, from oils decreased by -20.7%, from $2.14B to $1.69B. Trade in Other synthetic rubber or factice, except latex, from oils represent 0.0075% of total world trade.

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

Exports In 2023 the top exporters of Other synthetic rubber or factice, except latex, from oils  were Japan ($357M), China ($333M), United States ($250M), Chinese Taipei ($163M), and Germany ($142M).

Imports In 2023 the top importers of Other synthetic rubber or factice, except latex, from oils were China ($205M), Germany ($186M), United States ($109M), Netherlands ($88.7M), and Italy ($77.6M).

Ranking Other synthetic rubber or factice, except latex, from oils ranks 893rd 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 (2023)Japan$357M
Top Destination (2023)China$205M

In 2023 Other synthetic rubber or factice, except latex, from oils were the world's 1570th most traded product (out of 4,644).

In 2023, the top exporters of Other synthetic rubber or factice, except latex, from oils were Japan ($357M), China ($333M), United States ($250M), Chinese Taipei ($163M), and Germany ($142M).

In 2023, the top importers of Other synthetic rubber or factice, except latex, from oils were China ($205M), Germany ($186M), United States ($109M), Netherlands ($88.7M), and Italy ($77.6M).

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Exporters of Other synthetic rubber or factice, except latex, from oils (2023)
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Importers of Other synthetic rubber or factice, except latex, from oils (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$1.78M
Top Destination Growth (2022 -  2023)Russia$4.5M

Between 2022 and 2023, the exports of Other synthetic rubber or factice, except latex, from oils grew the fastest in Turkey ($1.78M), Denmark ($1.66M), Slovenia ($1.42M), Gambia ($972k), and Cambodia ($431k).

Between 2022 and 2023, the fastest growing importers of Other synthetic rubber or factice, except latex, from oils were Russia ($4.5M), South Korea ($4.09M), Portugal ($3.1M), Kazakhstan ($2.95M), and Nigeria ($1.73M).

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Exporters of Other synthetic rubber or factice, except latex, from oils (2022 - 2023)

Importers of Other synthetic rubber or factice, except latex, from oils (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 3.58. 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 (2023)Japan$309M
TOP NET IMPORTER (2023)Brazil$66.9M

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 2023.

In 2023, 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 ($309M), Chinese Taipei ($148M), United States ($141M), China ($129M), and Denmark ($19.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Other synthetic rubber or factice, except latex, from oils were Brazil ($66.9M), India ($56.9M), Germany ($44.1M), Russia ($43.4M), and Netherlands ($41.3M).

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 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 (2023)

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