Discover HS Code 4002 Synthetic Rubber Import-Export Data 2025 | Global Rubber Trade Report

Synthetic rubber is a critical industrial material that underpins global manufacturing, mobility, and infrastructure. From automobile tires and industrial belts to footwear, adhesives, hoses, and medical products, synthetic rubber plays a foundational role across industries. Under the international Harmonized System (HS), synthetic rubber is classified under HS Code 4002, making it one of the most closely tracked rubber product categories in global trade. According to the latest global trade data and synthetic rubber import data, the total value of global synthetic rubber imports reached $28.49 billion in 2024, a 4% increase from the previous year. Meanwhile, the total value of global rubber exports reached $27.74 billion in 2024, a 2% increase from the previous year, as per the synthetic rubber export data.

The total synthetic rubber trade value under HS code 4002 accounted for $56.23 billion in 2024-25. In the 2024–25 period, trade in HS Code 4002 reflects shifting demand patterns, evolving supply chains, energy price volatility, and structural changes in the automotive and manufacturing sectors. This report provides a detailed, data-driven analysis of global synthetic rubber imports and exports, highlighting top trading countries, market trends, pricing dynamics, and outlook.

What Is HS Code 4002?

HS Code 4002 covers synthetic rubber and fabric derived from oils, in primary forms such as liquids, plates, sheets, or strips.

Products included under HS 4002:

• Styrene-butadiene rubber (SBR)

• Butadiene rubber (BR)

• Isoprene rubber (IR)

• Chloroprene rubber (CR)

• Nitrile rubber (NBR)

• Ethylene-propylene rubber (EPDM)

• Oil-extended synthetic rubber

• Thermoplastic elastomers are under the rubber classification

Products excluded:

• Natural rubber (HS 4001)

• Rubber articles (tires, hoses, belts)

• Vulcanized rubber products

HS 4002 primarily represents industrial raw material trade, making it a strong indicator of downstream manufacturing activity.

Global Synthetic Rubber Trade Overview (2024–25)

Global Trade Value Snapshot

In 2024, global trade in HS Code 4002 synthetic rubber was valued at approximately USD 38–40 billion, with total traded volumes exceeding 16 million metric tons. Trade levels remained broadly stable compared to 2023, with regional shifts rather than absolute growth driving changes. The global synthetic rubber market is forecasted at $62 billion by 2037.

Key global metrics (2024 estimates):

• Total export value: USD 38–40 billion

• Total export volume: 16.2 million metric tons

• Average global price: USD 2,350–2,450 per metric ton

• Share of automotive sector demand: 65%

The global synthetic rubber market remains tightly linked to automotive tire manufacturing, which alone accounts for nearly two-thirds of consumption.

Top Synthetic Rubber Importing Countries

Synthetic rubber imports by country reveal the top synthetic rubber-importing countries in the global market. The demand for synthetic rubber continues to grow, leading to significant import activities across various nations. Understanding the trends and key players in synthetic rubber imports by country can provide valuable insights for businesses looking to capitalize on international trade opportunities. The top 10 synthetic rubber-importing countries, as per the data on synthetic rubber importers & synthetic rubber import statistics for 2024-25, include: 

1. China: $8.90 billion (31.3%)

China leads the pack as the largest importer of synthetic rubber, with imports totaling $8.90 billion, accounting for 31.3% of the global imports. The rapid growth of the automotive industry in China has been a major driver of the country's synthetic rubber imports. With the increasing production of vehicles, the demand for synthetic rubber for tires and other automotive components has surged.

2. USA: $1.40 billion (4.9%)

The United States is the second-largest importer of synthetic rubber, with imports amounting to $1.40 billion, representing 4.9% of global imports, as per the US synthetic rubber import data by HS code. The country's robust manufacturing sector, particularly in industries such as automotive, aerospace, and construction, has fueled the demand for synthetic rubber. Additionally, the increasing focus on sustainability and environmental regulations has led to a shift towards eco-friendly and durable synthetic rubber materials.

3. Thailand: $1.36 billion (4.8%)

Thailand ranks third among the top synthetic rubber-importing countries, with imports valued at $1.36 billion, making up 4.8% of global imports. The country's strong presence in the automotive and electronics industries has driven the demand for synthetic rubber. Moreover, Thailand's strategic location as a hub for trade and manufacturing in Southeast Asia has further boosted its synthetic rubber imports.

4. India: $1.33 billion (4.7%)

India emerges as a significant player in the synthetic rubber import market, with imports reaching $1.33 billion, accounting for 4.7% of global imports. The country's growing automotive sector, coupled with the expansion of industries such as construction and healthcare, has propelled the demand for synthetic rubber. India's focus on infrastructure development and technological advancements has also contributed to the surge in synthetic rubber imports.

5. Belgium: $1.19 billion (4.2%)

Belgium secures a spot among the top synthetic rubber-importing countries, with imports totaling $1.19 billion, representing 4.2% of global imports. The country's strategic location in Europe has made it a key trading hub for synthetic rubber. The presence of a robust chemical industry and a well-established manufacturing sector has further bolstered Belgium's synthetic rubber imports.

6. Germany: $1.12 billion (3.9%)

Germany is also a major player in the synthetic rubber import market, with imports amounting to $1.12 billion, making up 3.9% of global imports. The country's advanced automotive and industrial machinery sectors have led to a high demand for synthetic rubber. Germany's emphasis on innovation and sustainability has driven the adoption of synthetic rubber materials in various applications, further boosting imports.

7. Vietnam: $1.11 billion (3.9%)

Vietnam emerges as a significant importer of synthetic rubber, with imports valued at $1.11 billion, accounting for 3.9% of global imports, as per Vietnam customs import data of synthetic rubber. The country's booming manufacturing sector, particularly in electronics and textiles, has fueled the demand for synthetic rubber. Vietnam's competitive labor costs and favorable business environment have attracted foreign investments, leading to an increase in synthetic rubber imports.

8. Malaysia: $866.45 million (3%)

Malaysia is another key player in the synthetic rubber import market, with imports reaching $866.45 million, representing 3% of global imports. The country's well-developed rubber industry, coupled with its strong ties to the automotive and electronics sectors, has driven the demand for synthetic rubber. Malaysia's focus on research and development in rubber technology has also positioned it as a preferred destination for synthetic rubber imports.

9. Türkiye: $842.74 million (3%)

Türkiye, or Turkey, has also carved a niche for itself in the synthetic rubber import market, with imports valued at $842.74 million, making up 3% of global imports. The country's diverse industrial base, including automotive, textiles, and construction, has fueled the demand for synthetic rubber. Türkiye's strategic location as a bridge between Europe and Asia has further enhanced its position as a key player in the synthetic rubber import market.

10. Indonesia: $793 million (2.8%)

Indonesia rounds up the list of top synthetic rubber importing countries, with imports totaling $793 million, accounting for 2.8% of global imports. The country's growing automotive and infrastructure sectors have been instrumental in driving the demand for synthetic rubber. Indonesia's efforts to promote sustainable development and eco-friendly practices have also led to an increase in synthetic rubber imports.

Top Synthetic Rubber Exporting Countries

Synthetic rubber exports by country are a crucial aspect of the global rubber industry, with several countries leading the pack as top exporters. Countries such as China, Germany, the United States, Japan, and Russia consistently feature prominently in synthetic rubber exports. These nations play a significant role in meeting international demand for synthetic rubber, catering to various industries like automotive, manufacturing, and construction. The top 10 synthetic rubber-exporting countries, as per the synthetic rubber exporters data & global synthetic rubber shipment data for 2024-25, include:

1. South Korea: $3.14 billion (11.4%)

South Korea is a powerhouse when it comes to synthetic rubber exports, with a total export value of $3.14 billion, representing 11.4% of the global market. The country's strong manufacturing base and strategic location make it a key player in the industry.

2. Thailand: $2.87 billion (10.4%)

Thailand is another major player in the synthetic rubber export market, with total exports reaching $2.87 billion, accounting for 10.4% of the global market. The country's competitive labor costs and well-developed infrastructure have helped it become a leader in the industry.

3. USA: $2.64 billion (9.5%)

The United States is a key player in the synthetic rubber export market, with total exports of $2.64 billion, representing 9.5% of the global market. The country's advanced technology and strong research and development capabilities give it a competitive edge in the industry.

4. China: $2.22 billion (8%)

China is known for its large manufacturing base and competitive labor costs, which have helped it become a dominant player in the synthetic rubber export market. With total exports of $2.22 billion, China accounts for 8% of the global market.

5. Japan: $2.11 billion (7.6%)

Japan is another major player in the synthetic rubber export market, with total exports of $2.11 billion, representing 7.6% of the global market, as per Japan synthetic rubber export data by HS code. The country's strong technological capabilities and focus on innovation have helped it maintain its position as a key player in the industry.

6. Vietnam: $2.08 billion (7.5%)

Vietnam is a rising star in the synthetic rubber export market, with total exports of $2.08 billion, accounting for 7.5% of the global market. The country's low labor costs and strategic location make it an attractive destination for synthetic rubber manufacturing.

7. Germany: $1.58 billion (5.7%)

Germany is a key player in the synthetic rubber export market, with total exports of $1.58 billion, representing 5.7% of the global market. The country's strong focus on quality and innovation has helped it become a leader in the industry.

8. Russia: $1.55 billion (5.6%)

Russia is another major player in the synthetic rubber export market, with total exports of $1.55 billion, accounting for 5.6% of the global market, as per the Russia customs export data of synthetic rubber by HS code. The country's large natural resources and strong manufacturing base give it a competitive edge in the industry.

9. Belgium: $1.30 billion (4.7%)

Belgium is a significant player in the synthetic rubber export market, with total exports of $1.30 billion, representing 4.7% of the global market. The country's strategic location in Europe and well-developed infrastructure make it an attractive destination for synthetic rubber manufacturing.

10. Taiwan: $1.10 billion (4%)

Taiwan rounds out the top 10 synthetic rubber exporting countries, with total exports of $1.10 billion, accounting for 4% of the global market share. The country's strong manufacturing base and focus on technology have helped it become a key player in the industry.

Synthetic Rubber Import-Export in the Last 10 Years: Yearly HS Code 4002 Trade Data

Regional Trade Patterns

Asia-Pacific

• Accounts for over 55% of the global synthetic rubber trade, as per Asia trade data.

• Driven by China, Japan, South Korea, India, and Southeast Asia

• Strong integration with automotive and electronics manufacturing

Europe

• Accounts for 25% of global trade

• Emphasis on speciality, high-performance elastomers

• Strong intra-EU trade flows

North America

• Accounts for 15% of global trade

• Trade driven by automotive supply chains between the U.S., Mexico, and Canada

Latin America & the Middle East

• Smaller but growing markets

• Imports driven by tire manufacturing expansion

Key End-Use Industries Driving HS Code 4002 Trade

The automotive sector remains the single most important demand driver, making the synthetic rubber trade highly sensitive to vehicle production cycles.

Price Trends and Cost Drivers (2024–25)

Key Pricing Influences:

• Crude oil and naphtha prices

• Butadiene availability

• Energy and transportation costs

• Regional supply disruptions

• Environmental regulations

In 2024, average synthetic rubber prices ranged between USD 2,200 and USD 2,600 per metric ton, depending on grade and region. Speciality rubbers traded at significant premiums by the top synthetic rubber exporters & suppliers under HS code 4002.

Trade Challenges and Risks

• Volatility in petrochemical feedstock prices

• Environmental compliance costs

• Overcapacity in Asia

• Trade disruptions

• Geopolitical trade restrictions

These risks continue to influence sourcing strategies and contract structures.

Outlook for 2025–26

The global synthetic rubber trade outlook remains stable with moderate growth:

• Demand growth expected at 3–4% annually

• Strong expansion in India, Southeast Asia, and Mexico

• Increasing demand for speciality and low-emission rubber grades

• Gradual shift toward sustainable and bio-based elastomers

While electric vehicles may alter tire specifications, overall rubber demand remains robust.

Key Takeaways

• HS Code 4002 represents a USD 40 billion global trade market

• China is both the largest exporter and importer

• Automotive manufacturing drives over 60% of demand

• India is one of the fastest-growing import markets

• Speciality synthetic rubber offers higher margins and growth potential

Conclusion and Final Thoughts

In conclusion, synthetic rubber under HS Code 4002 is far more than a commodity. It is a strategic industrial input tied directly to global manufacturing, transportation, and infrastructure growth. As supply chains evolve and sustainability considerations rise, the structure of the global synthetic rubber trade will continue to shift. For manufacturers, traders, and policymakers, understanding HS Code 4002 import-export data is essential for managing risk, identifying growth markets, and staying competitive in a complex global trade environment.

For more information on the latest global rubber trade data, or to search live synthetic rubber import-export data by country, visit TradeImeX. Contact us at info@tradeimex.in for customized trade reports and market insights.