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Compounded rubber: top exporters and importers (2024)

In 2024, world trade in compounded rubber totaled $6.6 billion (2 million tonnes). The top exporters were Germany (17%), the United States (11%) and Italy (8%); the top importers were the United States (11%), Poland (7%) and Mexico (7%). Compared with 2019, the value rose 12%.

Summary

World trade
$6.6billion
Tonnes
2million tonnes
Price per tonne
$3,286
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$1.1 billion · 16.7%
  2. United States$749 million · 11.3%
  3. Italy$520 million · 7.9%
  4. Canada$403 million · 6.1%
  5. France$400 million · 6%
  6. Thailand$370 million · 5.6%
  7. China$333 million · 5%
  8. Poland$282 million · 4.3%
  9. Czechia$231 million · 3.5%
  10. United Kingdom$223 million · 3.4%
  11. Spain$221 million · 3.3%
  12. Malaysia$205 million · 3.1%
  13. Japan$184 million · 2.8%
  14. South Korea$162 million · 2.4%
  15. Turkey$119 million · 1.8%
  16. Romania$115 million · 1.7%
  17. Belgium$106 million · 1.6%
    re-exports
  18. Mexico$98 million · 1.5%
  19. Netherlands$79 million · 1.2%
    re-exports
  20. Hungary$71 million · 1.1%

Top importers

  1. United States$697 million · 10.5%
  2. Poland$478 million · 7.2%
  3. Mexico$460 million · 6.9%
  4. Germany$446 million · 6.7%
  5. India$403 million · 6.1%
  6. Romania$347 million · 5.2%
  7. China$304 million · 4.6%
  8. Spain$281 million · 4.2%
  9. Vietnam$258 million · 3.9%
  10. France$252 million · 3.8%
  11. Italy$238 million · 3.6%
  12. Canada$192 million · 2.9%
  13. Czechia$159 million · 2.4%
  14. Turkey$128 million · 1.9%
  15. Serbia$123 million · 1.9%
  16. Hungary$111 million · 1.7%
  17. Belgium$108 million · 1.6%
    re-exports
  18. Malaysia$107 million · 1.6%
  19. Slovakia$101 million · 1.5%
  20. Portugal$93 million · 1.4%

Trend

Who sells it

Germany was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • Germany 1.1
  • United States 0.75
  • Italy 0.52
  • Canada 0.4
  • France 0.4

Source: CEPII BACI

Show the numbers
Country19952024
Germany0.391.1
United States0.180.75
Italy0.090.52
Canada0.080.4
France0.120.4

Price

Implied price

The price per tonne rose 49% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $3,286

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,202
1996$1,988
1997$1,930
1998$1,827
1999$1,659
2000$1,606
2001$1,597
2002$1,684
2003$1,901
2004$1,984
2005$2,161
2006$2,403
2007$2,637
2008$2,995
2009$2,494
2010$3,104
2011$3,847
2012$3,429
2013$3,335
2014$3,374
2015$2,511
2016$2,665
2017$2,818
2018$2,967
2019$2,834
2020$2,827
2021$3,065
2022$3,270
2023$3,405
2024$3,286

What it includes

  • 4005 · Compounded rubber

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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