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Synthetic rubber or factice latex from oils, nes

400291 (Harmonized System 1992 for 6-digit)

2022
World Trade $334MRnk 3307 / 4648
2022
Top Exporter | Top Importer $94.1M | $67.7MJapan | United States
2022
Product Complexity 1.24Rnk 451 / 4653
2021 - 2022
Export Growth (CAGR) -16.1%Rnk 4215 / 4648
2022
Share of World Trade 0.0014%Rnk 3307 / 4648

About

Overview This page contains the latest trade data of Other synthetic rubber or factice latex from oils. In 2022, Other synthetic rubber or factice latex from oils were the world's 3307th most traded product, with a total trade of $334M. Between 2021 and 2022 the exports of Other synthetic rubber or factice latex from oils decreased by -16.1%, from $398M to $334M. Trade in Other synthetic rubber or factice latex from oils represent 0.0014% of total world trade.

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

Exports In 2022 the top exporters of Other synthetic rubber or factice latex from oils  were Japan ($94.1M), Germany ($52.6M), South Korea ($39.7M), Italy ($32.1M), and Chinese Taipei ($23.4M).

Imports In 2022 the top importers of Other synthetic rubber or factice latex from oils were United States ($67.7M), China ($43.5M), Vietnam ($20.3M), Malaysia ($19.6M), and Sri Lanka ($18.8M).

Ranking Other synthetic rubber or factice latex from oils ranks 451st 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 (2022)Japan$94.1M
Top Destination (2022)United States$67.7M

In 2022 Other synthetic rubber or factice latex from oils were the world's 3307th most traded product (out of 4,648).

In 2022, the top exporters of Other synthetic rubber or factice latex from oils were Japan ($94.1M), Germany ($52.6M), South Korea ($39.7M), Italy ($32.1M), and Chinese Taipei ($23.4M).

In 2022, the top importers of Other synthetic rubber or factice latex from oils were United States ($67.7M), China ($43.5M), Vietnam ($20.3M), Malaysia ($19.6M), and Sri Lanka ($18.8M).

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Exporters of Other synthetic rubber or factice latex from oils (2022)
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Importers of Other synthetic rubber or factice latex from oils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$19.9M
Top Destination Growth (2021 -  2022)United States$26.7M

Between 2021 and 2022, the exports of Other synthetic rubber or factice latex from oils grew the fastest in South Korea ($19.9M), India ($5.61M), Saudi Arabia ($1.22M), Malaysia ($1.15M), and United Kingdom ($849k).

Between 2021 and 2022, the fastest growing importers of Other synthetic rubber or factice latex from oils were United States ($26.7M), Belgium ($4.61M), Spain ($2.56M), Poland ($2.19M), and Jordan ($1.24M).

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Exporters of Other synthetic rubber or factice latex from oils (2021 - 2022)

Importers of Other synthetic rubber or factice latex from oils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other synthetic rubber or factice latex from oils.

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Other synthetic rubber or factice latex from oils are explained by 10 countries.

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

Net Trade

TOP NET EXPORTER (2022)Japan$93.8M
TOP NET IMPORTER (2022)United States$56.7M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other synthetic rubber or factice latex from oils were Japan ($93.8M), Germany ($42.2M), South Korea ($32.7M), Chinese Taipei ($23.4M), and Italy ($19.2M).

In 2022, 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 ($56.7M), China ($32M), Vietnam ($20.3M), Sri Lanka ($18.8M), and Turkey ($14.9M).

Net Trade (2022)

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 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 (2022)

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