2022
Exports
$44.4MWorld Rnk 7 / 153
Flag Rnk 881 / 1217
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.19Rnk 491 / 1025
2022
Imports
$92.6MWorld Rnk 2 / 215
Flag Rnk 890 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $44.4M in Pharmaceutical Rubber Products, making it the 7th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 881st most exported product in United States. The main destination of Pharmaceutical Rubber Products exports from United States are: Mexico ($9.95M), Canada ($6.98M), Belgium ($3.96M), China ($2.12M), and United Kingdom ($1.5M).

The fastest growing export markets for Pharmaceutical Rubber Products of United States between 2021 and 2022 were Mexico ($3.64M), Netherlands ($1.18M), and Zambia ($1.1M).

Imports In 2022, United States imported $92.6M in Pharmaceutical Rubber Products, becoming the 2nd largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 890th most imported product in United States. United States imports Pharmaceutical Rubber Products primarily from: Thailand ($28.9M), Mexico ($18.9M), India ($12.8M), China ($7.38M), and Malaysia ($6.94M).

The fastest growing import markets in Pharmaceutical Rubber Products for United States between 2021 and 2022 were Mexico ($3.24M), India ($1.84M), and Japan ($1.69M).

COMPANIES In 2023, leading companies such as Amazon (2), CrimsonLogic (2), and IKEA Group (1) were at the forefront of shipping Pharmaceutical Rubber Products to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-912k(-31.7%)
IMPORT GROWTH (June 2023 - June 2024)$-3.02M(-38.4%)
MAIN EXPORTER (June 2024)Illinois$773k
MAIN DESTINATION (June 2024)Canada$806k

This section shows Pharmaceutical Rubber Products's exports and imports data at subnational level for United States. 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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44.4M
IMPORTS (2022)$92.6M
NET TRADE (2022)-$48.2M

In 2022, United States exported $44.4M in Pharmaceutical Rubber Products. The main destinations of United States exports on Pharmaceutical Rubber Products were Mexico ($9.95M), Canada ($6.98M), Belgium ($3.96M), China ($2.12M), and United Kingdom ($1.5M).

In 2022, United States imported $92.6M in Pharmaceutical Rubber Products, mainly from Thailand ($28.9M), Mexico ($18.9M), India ($12.8M), China ($7.38M), and Malaysia ($6.94M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$3.64M (57.7%)
Netherlands$1.18M (1.74k%)
Zambia$1.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY United States WERE (2021 - 2022):
Panama-$1.64M (-54.7%)
Norway-$573k (-61%)
Mozambique-$461k (-36.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Pharmaceutical Rubber Products were:
In 2022, United States's main importing competitors in Pharmaceutical Rubber Products were:
China $110M
Germany $82.3M

Explore Visualizations

Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.4M
TOP IMPORT POTENTIALChina+ $4.19M

Pharmaceutical Rubber Products’s highest export potential is China. With an export gap of $1.4M.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $4.19M.

See methodology.

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