As of 2023, China dominates the global import market for natural rubber and gums, accounting for 27.89% of the share in US dollars. The United States follows with 11.41%, with Malaysia, India, and Japan rounding out the top five importers. Year-on-year variations indicate a decline for the US, Japan, South Korea, and Germany, signaling a potential market shift from these economies. Conversely, Russia, Romania, Serbia, and Lithuania showed notable increases in their import shares.
Future trends to monitor include the sustainability-driven demand for natural rubber, geopolitical influences on international trade partnerships, and economic policies of major importing nations. The shifts in these areas might significantly impact global trade dynamics.
Top countries in Import of Natural Rubber and Gums Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.89 | 2023 | -0.64% | +0.91% | View data |
| 2 | 2 United States | 11.41 | 2023 | -2.47% | -2.23% | View data |
| 3 | 3 Malaysia | 10.6 | 2023 | +0.24% | +1.8% | View data |
| 4 | 4 India | 7.69 | 2023 | +3.16% | +2.51% | View data |
| 5 | 5 Japan | 6.98 | 2023 | -4.14% | -3.16% | View data |
| 6 | 6 South Korea | 3.58 | 2023 | -4.07% | -3.02% | View data |
| 7 | 7 Germany | 2.72 | 2023 | -6.38% | -5.02% | View data |
| 8 | 8 Brazil | 2.24 | 2023 | -3.09% | -2.48% | View data |
| 9 | 9 Spain | 2.01 | 2023 | -2.26% | -1.49% | View data |
| 10 | 10 Russia | 1.94 | 2023 | +3.07% | +3.81% | View data |
