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Reclaimed rubber in primary forms or in plates, sheets or strip

4003 (Harmonized System 1992 for 4-digit)

2023
World Trade $415MRnk 1067 / 1217
2023
Top Exporter | Top Importer $79.9M | $96.7MIndia | China
2022 - 2023
Export Growth (CAGR) -1.24%Rnk 453 / 1217
2023
Share of World Trade 0.0018%Rnk 1067 / 1217

About

Overview This page contains the latest trade data of Reclaimed Rubber. In 2023, Reclaimed Rubber were the world's 1067th most traded product, with a total trade of $415M. Between 2022 and 2023 the exports of Reclaimed Rubber decreased by -1.24%, from $420M to $415M. Trade in Reclaimed Rubber represent 0.0018% of total world trade.

Reclaimed Rubber are a part of Rubber & articles thereof. They include Reclaimed rubber in primary forms.

Exports In 2023 the top exporters of Reclaimed Rubber  were India ($79.9M), Canada ($78.4M), China ($53.5M), Thailand ($39M), and Malaysia ($25.3M).

Imports In 2023 the top importers of Reclaimed Rubber were China ($96.7M), United States ($94.8M), South Korea ($17.4M), Canada ($13.7M), and Thailand ($12.9M).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Reclaimed Rubber. 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)India$79.9M
Top Destination (2023)China$96.7M

In 2023 Reclaimed Rubber were the world's 1067th most traded product (out of 1,217).

In 2023, the top exporters of Reclaimed Rubber were India ($79.9M), Canada ($78.4M), China ($53.5M), Thailand ($39M), and Malaysia ($25.3M).

In 2023, the top importers of Reclaimed Rubber were China ($96.7M), United States ($94.8M), South Korea ($17.4M), Canada ($13.7M), and Thailand ($12.9M).

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Exporters of Reclaimed Rubber (2023)
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Importers of Reclaimed Rubber (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$17M
Top Destination Growth (2022 -  2023)China$14.3M

Between 2022 and 2023, the exports of Reclaimed Rubber grew the fastest in Canada ($17M), Denmark ($4.37M), Vietnam ($2.69M), Malaysia ($2.24M), and Australia ($1.32M).

Between 2022 and 2023, the fastest growing importers of Reclaimed Rubber were China ($14.3M), United States ($5.8M), Malaysia ($2.31M), Mexico ($1.85M), and South Korea ($1.68M).

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Exporters of Reclaimed Rubber (2022 - 2023)

Importers of Reclaimed Rubber (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Reclaimed Rubber.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Reclaimed Rubber are explained by 15 countries.

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Value of Exports in Reclaimed Rubber

Net Trade

TOP NET EXPORTER (2023)India$78.6M
TOP NET IMPORTER (2023)United States$74.8M

This map shows which countries export or import more of Reclaimed Rubber. Each country is colored based on the difference in exports and imports of Reclaimed Rubber during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Reclaimed Rubber were India ($78.6M), Canada ($64.7M), Thailand ($26.1M), Malaysia ($19.6M), and Denmark ($5.79M).

In 2023, the countries that had a largest trade value in imports than in exports of Reclaimed Rubber were United States ($74.8M), China ($43.2M), South Korea ($12.5M), Sri Lanka ($6.54M), and Brazil ($5.41M).

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 Reclaimed Rubber.
It is possible to select the main countries that export or import Reclaimed Rubber in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Reclaimed Rubber by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $442k
TOP IMPORT POTENTIALChina+ $219k

Reclaimed Rubber’s highest export potential is China. With an export gap of $442k.  Reclaimed Rubber’s highest import potential is China with an import gap of $219k.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Reclaimed Rubber to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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