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Pricing

Natural rubber latex, including prevulcanised

400110 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.38BRnk 1332 / 4648
2022
Top Exporter | Top Importer $1.39B | $874MThailand | Malaysia
2022
Product Complexity -2.36Rnk 4595 / 4653
2021 - 2022
Export Growth (CAGR) -1.82%Rnk 3238 / 4648
2022
Share of World Trade 0.01%Rnk 1332 / 4648

About

Overview This page contains the latest trade data of Natural rubber latex. In 2022, Natural rubber latex were the world's 1332nd most traded product, with a total trade of $2.38B. Between 2021 and 2022 the exports of Natural rubber latex decreased by -1.82%, from $2.43B to $2.38B. Trade in Natural rubber latex represent 0.01% of total world trade.

Natural rubber latex are a part of Rubber.

Exports In 2022 the top exporters of Natural rubber latex  were Thailand ($1.39B), Vietnam ($338M), Cote d'Ivoire ($320M), Guatemala ($92.5M), and Malaysia ($61.3M).

Imports In 2022 the top importers of Natural rubber latex were Malaysia ($874M), China ($759M), United States ($52.5M), Mexico ($51.9M), and Brazil ($49.6M).

Ranking Natural rubber latex ranks 4595th in the Product Complexity Index (PCI).

Description Natural rubber latex is a water-based, elastic polymer obtained from the rubber tree. It is used in a variety of products due to its durability, elasticity, sensitivity to temperature, and other properties.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural rubber latex. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Thailand$1.39B
Top Destination (2022)Malaysia$874M

In 2022 Natural rubber latex were the world's 1332nd most traded product (out of 4,648).

In 2022, the top exporters of Natural rubber latex were Thailand ($1.39B), Vietnam ($338M), Cote d'Ivoire ($320M), Guatemala ($92.5M), and Malaysia ($61.3M).

In 2022, the top importers of Natural rubber latex were Malaysia ($874M), China ($759M), United States ($52.5M), Mexico ($51.9M), and Brazil ($49.6M).

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Exporters of Natural rubber latex (2022)
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Importers of Natural rubber latex (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Cote d'Ivoire$203M
Top Destination Growth (2021 -  2022)China$49.6M

Between 2021 and 2022, the exports of Natural rubber latex grew the fastest in Cote d'Ivoire ($203M), Vietnam ($85.5M), Ireland ($16.2M), Denmark ($1.71M), and Ghana ($1.38M).

Between 2021 and 2022, the fastest growing importers of Natural rubber latex were China ($49.6M), Malaysia ($38.5M), Vietnam ($14.5M), Poland ($4.53M), and Mexico ($4.32M).

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Exporters of Natural rubber latex (2021 - 2022)

Importers of Natural rubber latex (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural rubber latex.

In 2022, market concentration measured using Shannon Entropy, was 2.16. This means that most of the exports of Natural rubber latex are explained by 4 countries.

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Value of Exports in Natural rubber latex

Net Trade

TOP NET EXPORTER (2022)Thailand$1.39B
TOP NET IMPORTER (2022)Malaysia$812M

This map shows which countries export or import more of Natural rubber latex. Each country is colored based on the difference in exports and imports of Natural rubber latex during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Natural rubber latex were Thailand ($1.39B), Cote d'Ivoire ($320M), Vietnam ($293M), Guatemala ($90.9M), and Ireland ($15.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Natural rubber latex were Malaysia ($812M), China ($751M), Mexico ($50.7M), Brazil ($49.5M), and Turkey ($40.7M).

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

Top 10 Exporters Countries of Natural rubber latex 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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