South Korea leads global Butadiene Rubber exports with a value of $695.23 million, experiencing a slight growth of 1.89% in 2023. The United States follows with $492.48 million but saw a minor decline of 0.6%. Russia and Japan have marginal growth, whereas Singapore and Saudi Arabia show strong gains at 6.15% and 6.42% respectively. A notable decline is seen in exports from France at -4.48% and Thailand at -6.48%. Trends over the past years suggest a stable market with emerging significant players like Singapore and Saudi Arabia.
Future trends indicate potential growth in Asia, driven by increasing production and infrastructural expansion. Additionally, advancements in green technology and sustainability might alter dynamics as countries pivot towards eco-friendly production. Monitoring geopolitical factors and trade policies will be crucial for understanding shifts in export performance.
Top countries in Export of Butadiene Rubber (BR) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 695,230,000 | 2023 | +1.22% | +1.89% | View data |
| 2 | 2 United States | 492,480,000 | 2023 | -1.19% | -0.6% | View data |
| 3 | 3 Russia | 434,660,000 | 2023 | +1.33% | +1.09% | View data |
| 4 | 4 Japan | 303,300,000 | 2023 | +1.13% | +0.89% | View data |
| 5 | 5 Singapore | 279,800,000 | 2023 | +5.3% | +6.15% | View data |
| 6 | 6 Czech Republic | 187,990,000 | 2023 | +3.7% | +2.71% | View data |
| 7 | 7 Germany | 174,930,000 | 2023 | -1.48% | -0.38% | View data |
| 8 | 8 Malaysia | 115,630,000 | 2023 | +6.18% | +4.83% | View data |
| 9 | 9 China | 95,892,000 | 2023 | +2.52% | +1.12% | View data |
| 10 | 10 France | 87,175,000 | 2023 | -6.89% | -4.48% | View data |
