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Waste, parings and scrap (except hard rubber)

400400 (Harmonized System 1992 for 6-digit)

2023
World Trade $435MRnk 2995 / 4644
2023
Top Exporter | Top Importer $70.2M | $138MUnited States | India
2023
Product Complexity -0.68Rnk 3475 / 4656
2022 - 2023
Export Growth (CAGR) 8.34%Rnk 782 / 4644
2023
Share of World Trade 0.0019%Rnk 2995 / 4644

About

Overview This page contains the latest trade data of Rubber waste, parings and scrap. In 2023, Rubber waste, parings and scrap were the world's 2995th most traded product, with a total trade of $435M. Between 2022 and 2023 the exports of Rubber waste, parings and scrap grew by 8.34%, from $402M to $435M. Trade in Rubber waste, parings and scrap represent 0.0019% of total world trade.

Rubber waste, parings and scrap are a part of Scrap Rubber.

Exports In 2023 the top exporters of Rubber waste, parings and scrap  were United States ($70.2M), United Kingdom ($58.3M), France ($29.5M), Italy ($28.6M), and Germany ($24.6M).

Imports In 2023 the top importers of Rubber waste, parings and scrap were India ($138M), Turkey ($48.9M), United States ($29.5M), Japan ($22.6M), and Germany ($15.8M).

Ranking Rubber waste, parings and scrap ranks 3475th in the Product Complexity Index (PCI).

Description Waste, parings and scrap (except hard rubber) are commonly used for: the creation of new products, waste reduction, recycling

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rubber waste, parings and scrap. 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)United States$70.2M
Top Destination (2023)India$138M

In 2023 Rubber waste, parings and scrap were the world's 2995th most traded product (out of 4,644).

In 2023, the top exporters of Rubber waste, parings and scrap were United States ($70.2M), United Kingdom ($58.3M), France ($29.5M), Italy ($28.6M), and Germany ($24.6M).

In 2023, the top importers of Rubber waste, parings and scrap were India ($138M), Turkey ($48.9M), United States ($29.5M), Japan ($22.6M), and Germany ($15.8M).

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Exporters of Rubber waste, parings and scrap (2023)
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Importers of Rubber waste, parings and scrap (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$23.9M
Top Destination Growth (2022 -  2023)India$34.7M

Between 2022 and 2023, the exports of Rubber waste, parings and scrap grew the fastest in United States ($23.9M), Saudi Arabia ($13.7M), United Kingdom ($7.52M), Canada ($5.16M), and South Korea ($2.49M).

Between 2022 and 2023, the fastest growing importers of Rubber waste, parings and scrap were India ($34.7M), Japan ($7.34M), United States ($4.21M), United Kingdom ($2.96M), and Malaysia ($2.31M).

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Exporters of Rubber waste, parings and scrap (2022 - 2023)

Importers of Rubber waste, parings and scrap (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rubber waste, parings and scrap.

In 2023, market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of Rubber waste, parings and scrap are explained by 26 countries.

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Value of Exports in Rubber waste, parings and scrap

Net Trade

TOP NET EXPORTER (2023)United Kingdom$46.1M
TOP NET IMPORTER (2023)India$135M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rubber waste, parings and scrap were United Kingdom ($46.1M), United States ($40.7M), France ($27M), Italy ($23.2M), and Saudi Arabia ($17.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Rubber waste, parings and scrap were India ($135M), Turkey ($46.9M), Japan ($20.2M), Morocco ($13.4M), and Thailand ($7.97M).

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

Top 10 Exporters Countries of Rubber waste, parings and scrap 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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