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Pricing

Waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom

4004 (Harmonized System 1992 for 4-digit)

2023
World Trade $435MRnk 1061 / 1217
2023
Top Exporter | Top Importer $70.2M | $138MUnited States | India
2022 - 2023
Export Growth (CAGR) 8.34%Rnk 185 / 1217
2023
Share of World Trade 0.0019%Rnk 1061 / 1217

About

Overview This page contains the latest trade data of Scrap Rubber. In 2023, Scrap Rubber were the world's 1061st most traded product, with a total trade of $435M. Between 2022 and 2023 the exports of Scrap Rubber grew by 8.34%, from $402M to $435M. Trade in Scrap Rubber represent 0.0019% of total world trade.

Scrap Rubber are a part of Rubber & articles thereof. They include Rubber waste, parings and scrap.

Exports In 2023 the top exporters of Scrap Rubber  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 Scrap Rubber were India ($138M), Turkey ($48.9M), United States ($29.5M), Japan ($22.6M), and Germany ($15.8M).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Scrap 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)United States$70.2M
Top Destination (2023)India$138M

In 2023 Scrap Rubber were the world's 1061st most traded product (out of 1,217).

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

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Exporters of Scrap Rubber (2023)
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Importers of Scrap Rubber (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 Scrap Rubber 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 Scrap Rubber 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 Scrap Rubber (2022 - 2023)

Importers of Scrap Rubber (2022 - 2023)

Market Concentration

Value

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

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

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Value of Exports in Scrap Rubber

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 Scrap Rubber. Each country is colored based on the difference in exports and imports of Scrap Rubber during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Scrap Rubber 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 Scrap Rubber 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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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Scrap Rubber.
It is possible to select the main countries that export or import Scrap Rubber in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $405k
TOP IMPORT POTENTIALItaly+ $192k

Scrap Rubber’s highest export potential is Germany. With an export gap of $405k.  Scrap Rubber’s highest import potential is Italy with an import gap of $192k.

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 Scrap 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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