Key Market Indicators
Canada's natural rubber exports are forecast to plunge by 30.4% this year to around $405 million, down from $2.9 billion in 2021. This decline follows a yearly average decline of 8.4% since 1994. Denmark topped the export rankings with $2.9 billion, followed by Indonesia, Ivory Coast and Malaysia. Meanwhile, Canada's natural rubber imports are expected to drop 2.1% to about $202 million in 2026, compared to $229 million in 2021. Canadian demand has grown at an average of 3.4% annually since 1994. Russia was the top importer with $229 million, followed by the US, Malaysia and Japan.
