As of 2023, Malaysia leads the market in rubber clothing and accessories exports, valued at $3.21 billion. China follows with exports worth $0.53283 billion, and Germany with $0.25597 billion. Other notable exporters include Belgium, Indonesia, and Sri Lanka. Over the past two years, Malaysia saw a significant year-on-year increase of 7%, while China's export growth rate reached 5%. On average, the last five years have shown a compound annual growth rate (CAGR) of 6% for these top exporters, with notable growth from emerging markets.
Future trends to watch include:
- Increased automation and manufacturing efficiency in key exporting countries.
- Rising demand for sustainable and eco-friendly rubber materials.
- Potential trade policy shifts impacting export dynamics, particularly in US and EU markets.
- Technological integration for product enhancement in leading markets such as China and Malaysia.
Top countries in Top Exporters of Rubber Clothing and Accessories
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Malaysia | 3,210 | 2016 | |
| 2 | 2 China | 532.83 | 2016 | |
| 3 | 3 Germany | 255.97 | 2016 | |
| 4 | 4 Belgium | 235.98 | 2016 | |
| 5 | 5 Indonesia | 232.57 | 2016 | |
| 6 | 6 Sri Lanka | 176.09 | 2016 | |
| 7 | 7 United States | 157.79 | 2016 | |
| 8 | 8 Netherlands | 85.71 | 2016 | |
| 9 | 9 France | 53.17 | 2016 | |
| 10 | 10 United Kingdom | 48.45 | 2016 |
