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2022
Exports $565MWorld Rnk 3 / 125
Flag Rnk 360 / 1217
2022
Destination $23.3M Canada
2021 - 2022
FASTEST GROWING MARKET $23.3MCanada
2022
PRODUCT COMPLEXITY IN Prepared Rubber Accelerators1.1Rnk 133 / 1025
2022
Imports $593MWorld Rnk 1 / 193
Flag Rnk 497 / 1216
2022
Origin $32.5M China
2021 - 2022
FASTEST GROWING ORIGIN $32.5MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $565M in Prepared Rubber Accelerators, making it the 3rd largest exporter of Prepared Rubber Accelerators in the world. At the same year, Prepared Rubber Accelerators was the 360th most exported product in United States. The main destination of Prepared Rubber Accelerators exports from United States are: Canada ($125M), Mexico ($103M), South Korea ($45.1M), Belgium ($36M), and China ($27.7M).

The fastest growing export markets for Prepared Rubber Accelerators of United States between 2021 and 2022 were Canada ($23.3M), Mexico ($21.9M), and Belgium ($14.6M).

Imports In 2022, United States imported $593M in Prepared Rubber Accelerators, becoming the 1st largest importer of Prepared Rubber Accelerators in the world. At the same year, Prepared Rubber Accelerators was the 497th most imported product in United States. United States imports Prepared Rubber Accelerators primarily from: China ($101M), Germany ($78.7M), Canada ($73.7M), Indonesia ($58.9M), and Mexico ($54.9M).

The fastest growing import markets in Prepared Rubber Accelerators for United States between 2021 and 2022 were China ($32.5M), Canada ($17.7M), and India ($16.3M).

COMPANIES In 2023, leading companies such as Continental Tire (50), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (22), and Sumitomo Rubber (13) were at the forefront of shipping Prepared Rubber Accelerators to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Prepared Rubber Accelerators exports accounted up to $44.5M and imports accounted up to $47.6M, resulting in a negative trade balance of $3.07M. Between June 2023 and June 2024 the exports of United States'   Prepared Rubber Accelerators have increased by $8.11M (22.3%) from $36.4M to $44.5M, while imports increased by $22.9M (92.6%) from $24.7M to $47.6M.

Destinations In June 2024, Prepared Rubber Accelerators were exported mostly to Canada ($11.3M), Mexico ($8.29M), Belgium ($4.47M), China ($3.66M), and Brazil ($1.82M), and were imported mostly from Indonesia ($9.77M), Germany ($8.02M), Canada ($5.01M), India ($4.13M), and Mexico ($3.54M).

Growth In June 2024, the increase in Prepared Rubber Accelerators's year-by-year exports was explained primarily by an increase in exports to Mexico ($1.36M or 19.2%), Belgium ($1.05M or 118%), and Chinese Taipei ($905k or 306%). In June 2024, the increase in Prepared Rubber Accelerators's year-by-year imports was explained primarily by an increase in imports from Germany ($2.71M or 87.9%), Netherlands ($828k or 257%), and Turkey ($589k or 1.3k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$8.11M(22.3%)
IMPORT GROWTH (June 2023 - June 2024)$22.9M(92.6%)
MAIN EXPORTER (June 2024)South Carolina$6.88M
MAIN DESTINATION (June 2024)Canada$11.3M

This section shows Prepared Rubber Accelerators'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 Prepared Rubber Accelerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$565M
IMPORTS (2022)$593M
NET TRADE (2022)-$27.5M

In 2022, United States exported $565M in Prepared Rubber Accelerators. The main destinations of United States exports on Prepared Rubber Accelerators were Canada ($125M), Mexico ($103M), South Korea ($45.1M), Belgium ($36M), and China ($27.7M).

In 2022, United States imported $593M in Prepared Rubber Accelerators, mainly from China ($101M), Germany ($78.7M), Canada ($73.7M), Indonesia ($58.9M), and Mexico ($54.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Rubber Accelerators EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$23.3M (23%)
Mexico$21.9M (27.2%)
Belgium$14.6M (68.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Rubber Accelerators BY United States WERE (2021 - 2022):
Netherlands-$9.2M (-53.5%)
Germany-$4.71M (-14.6%)
Saudi Arabia-$4.27M (-96.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Prepared Rubber Accelerators were:
China $1.35B
Germany $821M
In 2022, United States's main importing competitors in Prepared Rubber Accelerators were:
China $330M
Germany $324M

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Trade Value of Prepared Rubber Accelerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.5M
TOP IMPORT POTENTIALChina+ $27.9M

Prepared Rubber Accelerators’s highest export potential is China. With an export gap of $10.5M.   Prepared Rubber Accelerators’s highest import potential is China with an import gap of $27.9M.

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