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Pricing

2022
Destination $48.9k United States
2021 - 2022
FASTEST GROWING MARKET $48.9kGermany
2022
PRODUCT COMPLEXITY IN Rubber-2.24Rnk 1010 / 1025
2022
ImportsfalseWorld Rnk 12 / 192
Flag Rnk 287 / 1213
2022
Origin $15.9M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $15.9MCote d'Ivoire
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported N/A in Rubber, making it the 40th largest exporter of Rubber in the world. At the same year, Rubber was the 813th most exported product in Canada. The main destination of Rubber exports from Canada are: United States ($7.52M), Germany ($49.3k), Canada ($28.3k), Denmark ($26.1k), and Iceland ($24.3k).

The fastest growing export markets for Rubber of Canada between 2021 and 2022 were Germany ($48.9k), Canada ($27.6k), and Iceland ($24.3k).

Imports In 2022, Canada imported $356M in Rubber, becoming the 12th largest importer of Rubber in the world. At the same year, Rubber was the 287th most imported product in Canada. Canada imports Rubber primarily from: Indonesia ($169M), Thailand ($74M), Cote d'Ivoire ($31.2M), United States ($28.9M), and Liberia ($22.5M).

The fastest growing import markets in Rubber for Canada between 2021 and 2022 were Cote d'Ivoire ($15.9M), Thailand ($10.1M), and Liberia ($1.7M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Rubber exports accounted up to C$79.9k and imports accounted up to C$26.7M, resulting in a negative trade balance of C$26.6M. Between June 2023 and June 2024 the exports of Canada's   Rubber have increased by C$29 (0.036%) from C$79.9k to C$79.9k, while imports increased by C$7.15M (36.5%) from C$19.6M to C$26.7M.

Destinations In June 2024, Rubber were exported mostly to Mexico (C$77.9k) and United States (C$2.01k), and were imported mostly from Indonesia (C$16.6M), Thailand (C$5.03M), Cote d'Ivoire (C$2.08M), Liberia (C$1.33M), and Vietnam (C$577k).

Growth In June 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Rubber's year-by-year imports was explained primarily by an increase in imports from Cote d'Ivoire (C$2.8M or 405%), Germany (C$45.8k or 349%), and Malaysia (C$21.2k or 5.69%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$29(0.036%)
IMPORT GROWTH (June 2023 - June 2024)C$7.15M(36.5%)
MAIN EXPORTER (June 2024)OntarioC$148k
MAIN DESTINATION (June 2024)MexicoC$77.9k

This section shows Rubber's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rubber over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$356M

In N/A, Canada exported N/A in Rubber. The main destinations of Canada exports on Rubber were United States ($7.52M), Germany ($49.3k), Canada ($28.3k), Denmark ($26.1k), and Iceland ($24.3k).

In 2022, Canada imported $356M in Rubber, mainly from Indonesia ($169M), Thailand ($74M), Cote d'Ivoire ($31.2M), United States ($28.9M), and Liberia ($22.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Germany$48.9k (12.1k%)
Canada$27.6k (3.61k%)
Iceland$24.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Canada WERE (2021 - 2022):
United States-$3.64M (-32.6%)
Mozambique-$45.5k (-100%)
Poland-$43.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Rubber were:
Thailand $5.47B
Indonesia $4.17B
Cote d'Ivoire $2.11B
In 2022, Canada's main importing competitors in Rubber were:
China $3.82B
United States $2.06B
Malaysia $1.42B

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.38M
TOP IMPORT POTENTIALCote d'Ivoire+ $15.7M

Rubber’s highest export potential is United States. With an export gap of $6.38M.   Rubber’s highest import potential is Cote d'Ivoire with an import gap of $15.7M.

See methodology.

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