Nitrile rubber latex trade by country: top importers, exporters and prices
World trade in nitrile rubber latex was worth $1.02 billion in 2024, about 1.15 million tonnes. That is an increase of 3% since 2017, and up 44% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.02B | 1.15M t |
| 2023 | $710.4M | 849.7K t |
| 2022 | $910.2M | 842.3K t |
| 2021 | $2.98B | 1.44M t |
| 2020 | $1.49B | 1.32M t |
| 2019 | $1.21B | 1.14M t |
| 2018 | $1.24B | 1.02M t |
| 2017 | $987.2M | 928.4K t |
Top nitrile rubber latex exporting countries
South Korea is the largest exporter with 60% of world exports, followed by Taiwan and Malaysia. The top three supply 82% between them, out of 51 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| South Korea | $613.5M | 60% |
| Taiwan | $160.9M | 16% |
| Malaysia | $67.5M | 6.6% |
| Thailand | $64.0M | 6.3% |
| China | $29.3M | 2.9% |
| Japan | $23.6M | 2.3% |
| United States | $18.7M | 1.8% |
| India | $17.0M | 1.7% |
| Italy | $10.6M | 1% |
| France | $5.1M | 0.5% |
| Vietnam | $2.3M | 0.2% |
| Singapore | $2.2M | 0.2% |
Top importing countries and buyer markets
The largest importers are Malaysia (49%), Thailand (16%) and China (12%). 107 countries imported it, and the top three take 77% of the value.
| Importer | Value | Share |
|---|---|---|
| Malaysia | $496.9M | 49% |
| Thailand | $165.8M | 16% |
| China | $125.7M | 12% |
| Vietnam | $86.8M | 8.5% |
| Indonesia | $47.7M | 4.7% |
| Sri Lanka | $35.3M | 3.5% |
| Turkey | $10.2M | 1% |
| United States | $6.1M | 0.6% |
| France | $5.4M | 0.5% |
| Pakistan | $4.4M | 0.4% |
| Germany | $4.0M | 0.4% |
| India | $4.0M | 0.4% |
Average price per kg
The world average declared value was about $0.89 per kg in 2024. Among the main exporters, the United States averaged $7.02 per kg and South Korea $0.82 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Nitrile rubber latex (HS 4002.51) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 4002.51: Rubber: synthetic, acrylonitrile-butadiene rubber (NBR), latex, in primary forms or in plates, sheets or strip. HS 4002 codes.
Common questions
Which countries export the most nitrile rubber latex?
South Korea exported $613.5 million in 2024, 60% of the world total, followed by Taiwan (16%) and Malaysia (7%). In all, 51 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most nitrile rubber latex?
Malaysia imported $496.9 million in 2024, 49% of world imports, ahead of Thailand (16%) and China (12%). The top three importers together take 77%. Each country with its own page is linked from the table.
How big is the world trade in nitrile rubber latex?
It was worth $1.02 billion in 2024, about 1.15 million tonnes. That is an increase of 3% since 2017. The peak year was 2021 at $2.98 billion. 51 countries reported exports and 107 reported imports.
What is the average price of nitrile rubber latex per kg?
The world average declared value was about $0.89 per kg in 2024. Among the main exporters, the United States averaged $7.02 per kg and South Korea $0.82 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for nitrile rubber latex?
The HS code for nitrile rubber latex is subheading 4002.51, in chapter 40 (rubber and articles thereof). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 4002 page.
How can I find nitrile rubber latex buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading nitrile rubber latex, from direct customs feeds and mirror data. Tell us your markets to see them live.
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