2022
Exports
$184MWorld Rnk 25 / 145
Flag Rnk 148 / 1206
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$826MWorld Rnk 10 / 209
Flag Rnk 61 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $184M in Synthetic Rubber, making it the 25th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 148th most exported product in Brazil. The main destination of Synthetic Rubber exports from Brazil are: United States ($38.1M), Malaysia ($25.4M), Thailand ($25M), Argentina ($13.2M), and Belgium ($10.8M).

The fastest growing export markets for Synthetic Rubber of Brazil between 2021 and 2022 were Thailand ($11.4M), United States ($9.39M), and Belgium ($3.63M).

Imports In 2022, Brazil imported $826M in Synthetic Rubber, becoming the 10th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 61st most imported product in Brazil. Brazil imports Synthetic Rubber primarily from: United States ($282M), Poland ($77.9M), Argentina ($68.8M), Russia ($59.4M), and Mexico ($54.7M).

The fastest growing import markets in Synthetic Rubber for Brazil between 2021 and 2022 were United States ($60.8M), Argentina ($37.9M), and Mexico ($29.1M).

COMPANIES In 2023, leading companies such as Goya Foods (4), Goodyear Tire and Rubber (1), and Pacific Trellis Fruit (1) were at the forefront of shipping Synthetic Rubber from Brazil to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Synthetic Rubber. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$184M
IMPORTS (2022)$826M
NET TRADE (2022)-$642M

In 2022, Brazil exported $184M in Synthetic Rubber. The main destinations of Brazil exports on Synthetic Rubber were United States ($38.1M), Malaysia ($25.4M), Thailand ($25M), Argentina ($13.2M), and Belgium ($10.8M).

In 2022, Brazil imported $826M in Synthetic Rubber, mainly from United States ($282M), Poland ($77.9M), Argentina ($68.8M), Russia ($59.4M), and Mexico ($54.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Thailand$11.4M (83.8%)
United States$9.39M (32.7%)
Belgium$3.63M (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Brazil WERE (2021 - 2022):
Chile-$11.6M (-69.5%)
Peru-$3M (-44.3%)
Malaysia-$2.91M (-10.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Brazil's main exporting competitors in Synthetic Rubber were:
In 2022, Brazil's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.1M
TOP IMPORT POTENTIALChina+ $17.6M

Synthetic Rubber’s highest export potential is United States. With an export gap of $15.1M.   Synthetic Rubber’s highest import potential is China with an import gap of $17.6M.

See methodology.

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