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Synthetic rubber or factice latex from oils, nes

400291 (Harmonized System 1992 for 6-digit)

2023
World Trade $236MRnk 3543 / 4644
2023
Top Exporter | Top Importer $58.1M | $58.1MJapan | United States
2023
Product Complexity 1.13Rnk 568 / 4656
2022 - 2023
Export Growth (CAGR) -28.3%Rnk 4164 / 4644
2023
Share of World Trade 0.001%Rnk 3543 / 4644

About

Overview This page contains the latest trade data of Other synthetic rubber or factice latex from oils. In 2023, Other synthetic rubber or factice latex from oils were the world's 3543rd most traded product, with a total trade of $236M. Between 2022 and 2023 the exports of Other synthetic rubber or factice latex from oils decreased by -28.3%, from $328M to $236M. Trade in Other synthetic rubber or factice latex from oils represent 0.001% of total world trade.

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

Exports In 2023 the top exporters of Other synthetic rubber or factice latex from oils  were Japan ($58.1M), Germany ($35.7M), South Korea ($34.6M), Chinese Taipei ($24M), and France ($16.7M).

Imports In 2023 the top importers of Other synthetic rubber or factice latex from oils were United States ($58.1M), China ($30.5M), Malaysia ($13.9M), Italy ($13.6M), and Sri Lanka ($12.7M).

Ranking Other synthetic rubber or factice latex from oils ranks 568th in the Product Complexity Index (PCI).

Description The use of synthetic rubber or factice latex from oils is used for the production of materials such as tires, medical gloves, and condoms. It can also be used for the production of medical prosthetic devices and adhesive bandages.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other synthetic rubber or factice 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$58.1M
Top Destination (2023)United States$58.1M

In 2023 Other synthetic rubber or factice latex from oils were the world's 3543rd most traded product (out of 4,644).

In 2023, the top exporters of Other synthetic rubber or factice latex from oils were Japan ($58.1M), Germany ($35.7M), South Korea ($34.6M), Chinese Taipei ($24M), and France ($16.7M).

In 2023, the top importers of Other synthetic rubber or factice latex from oils were United States ($58.1M), China ($30.5M), Malaysia ($13.9M), Italy ($13.6M), and Sri Lanka ($12.7M).

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

Color
Top Origin Growth (2022 -  2023)Belgium$3.16M
Top Destination Growth (2022 -  2023)Netherlands$3.24M

Between 2022 and 2023, the exports of Other synthetic rubber or factice latex from oils grew the fastest in Belgium ($3.16M), Slovenia ($859k), Thailand ($556k), Turkey ($420k), and Poland ($280k).

Between 2022 and 2023, the fastest growing importers of Other synthetic rubber or factice latex from oils were Netherlands ($3.24M), Italy ($1.02M), Burma ($637k), Nigeria ($627k), and South Africa ($345k).

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

Importers of Other synthetic rubber or factice 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 latex from oils.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Other synthetic rubber or factice latex from oils are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2023)Japan$57.7M
TOP NET IMPORTER (2023)United States$53M

This map shows which countries export or import more of Other synthetic rubber or factice latex from oils. Each country is colored based on the difference in exports and imports of Other synthetic rubber or factice 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 latex from oils were Japan ($57.7M), Germany ($30.5M), South Korea ($29.4M), Chinese Taipei ($23.9M), and France ($13.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Other synthetic rubber or factice latex from oils were United States ($53M), China ($23.1M), Sri Lanka ($12.6M), Vietnam ($11.9M), and Malaysia ($6.71M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Other synthetic rubber or factice latex from oils.
It is possible to select the main countries that export or import Other synthetic rubber or factice 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 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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