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Exploring the Growth Trends of Rubber Export from India in 2024

Rubber Export from India

Key Highlights: 

  • The top destinations for export of rubber from India include Nepal, the United States, the United Arab Emirates, and Germany. 
  • The top rubber exporters in India are JK Tyres, MRF Types, Rubbermark, Sujan Industries, Para Rubber, and Smart Rubber Corporation.
  • The top rubber products exported from India include engine mounts, transmission, vibration, sandwich, cabin, and anti-vibration rubber mounts.
  • The top categories of rubber HS codes are 400110, 40011010, 40011020, 40012100, and 40012200.
  • The top rubber export countries are Thailand, Indonesia, Ivory Coast, Vietnam, and Malaysia.

Did you know? Rubber is a kind of polymer that can be stretched and shrunk. It has been utilized for centuries in a variety of everyday objects and machinery. It is extensively used in surgical instruments, car and airplane tires, pacifiers, and other products.

India, an influential player in the world rubber market, has seen an explosive shift in the environment around its rubber exports.

The country's rubber export industry is expected to develop as a result of both domestic market volatility and the increasing demand for rubber products around the world. This blog explores the major themes influencing India's rubber export industry in 2024. Along with that, we will explore rubber product exporters, HS codes, and much more.

Overview of the Global Rubber Market

  • The rubber market worldwide was USD 45.93 billion in 2023, and USD 48.27 billion in 2024, and is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2034, when it is expected to reach approximately USD 79.38 billion.
  • The biggest rubber market in the world is North America, which has surpassed USD 19.29 billion in 2023-24.

Production of Indian Rubber: A Quick Overview

  • The top rubber production countries are Thailand, Indonesia, Vietnam, India, and China.
  • Being the 4th top producer of rubber, India produced 911k metric tons of rubber in 2023-24.
  • Accounting for 74% of the total rubber output of India, Kerala is the leading rubber-producing state in India.
  • India is a prominent consumer of rubber; as per Statista, in 2023-24, India consumed 1.3 million metric tonnes of rubber.
  • India’s rubber product production is divided into two kinds of rubber products; tyres and non-tyres.
  • In India, around 6,000 small, medium, and large scale units collectively produce 35,000 rubber products, employing 400 thousand people. 

Rubber Export from India: 2024 Insights

  • According to rubber export data, 1,192 shipments of rubber products were made by 124k Indian rubber exporters to 5,054 international buyers.
  • Trending rubber product categories have the HS codes 40169990, 40129049, and 4008219.
  • In 2023, India exported more than 3.56,000 metric tonnes of natural rubber.
  • In terms of rubber product exporters, Vietnam tops the world with 140,637 shipments, followed by Germany with 104,870 shipments and India with 123,981 shipments.
  • The major rubber exporting countries include Thailand, Indonesia, Ivory Coast, Vietnam, and Malaysia.
  • The top rubber importing countries include China, the United States, Japan, and India.
  • India is the 5th biggest importer of rubber and rubber products. In 2023–24, the import of rubber from India stood at 1.06 billion USD. 

India's Major Rubber Export Destinations

Here is the list of leading export destinations of Indian rubber:

S.no. Major Importers of Indian Rubber Products India’s Export Value
1 China $5.3 billion
2 Nepal $4.5 billion
3 United States $3.7 billion
4 United Arab Emirates $2.8 billion
5 Germany $1.3 billion

India's major rubber export destinations

So, these are the export of rubber products from India that have a high demand for Indian rubber and rubber products. Indian rubber product exporters need to optimize the market to increase rubber exports from India. To get deep insights into these markets, get rubber export data from Seair Exim Solutions.

Top Rubber Exporters in India

Here is the list of rubber exporters in India:

  • Deluxe rubber industries
  • Madras rubber factory
  • Rubco
  • Sujan Industries
  • Rubtech Mech (India)
  • Mampallil Rubbers
  • Infinity Industries
  • Oval Project Engineering Pvt. Ltd
  • Flexilis Private Limited
  • Pioneer Latex Industries

So, Deluxe Rubber Industries is the largest exporter of rubber in India. As you know, India is one of the leading rubber product exporters. All the above-listed rubber exporters are a few of the manufacturers and suppliers who are dealing with the growing demand for Indian rubber worldwide. To get a full list of exporters and suppliers of Indian rubber, visit our dashboard at Seair Exim Solutions.

Key Rubber Products Exported From India

Here is the list of Top rubber products exported from India

  • Engine mount
  • Transmission mount
  • Vibration mount
  • Sandwich mount
  • Cabin mount
  • Anti-vibration rubber mount
  • Strut mount
  • Leaf spring shackle assy
  • Rubber and canvas footwear
  • Rubber hoses, cots, and aprons

The demand for rubber and rubber products is emerging globally. India is the 4th leading producer and one of the prominent exporters of rubber and rubber products. The listed products are a few rubber products exported from India. To know more about rubber products exported from India, visit Seair Exim Solutions.

Classify Top Rubber HS Codes

Here is the list of the trending rubber HS codes:

Top Rubber HS Codes Product Description
400110  Natural rubber latex, whether or not prevulcanised
40011010  Prevulcanised
40011020  Other than prevulcanised
40012100  Smoked sheets 
40012200  Technically specified natural rubber
40012920  Pale Crepe
40012930  Estate Brown crepe
40012940  Oil-extended natural rubber


There are numerous rubber HS Codes due to the wide range of rubber products. To get a list of rubber HS codes in more detail, explore rubber export data on our website, Seair Exim Solutions, and bring your rubber export from India business to new heights.

Key Challenges Faced by the Rubber Export Industry

Here are the problems faced by rubber producers for rubber export from India:

  • Low selling price of rubber
  • Increased labour costs
  • shortage of skilled labor
  • Climate change
  • Shortage of modern technologies
  • Shortage of government subsidies
  • Lack of market insights

To thrive in the global market, rubber production must be done at a competitive cost. These obstacles can be addressed by pushing forward with technological innovation, adopting better farming methods, encouraging vigorous recycling campaigns, and upholding stringent environmental regulations. In addition, by examining the most recent rubber export statistics, Seair Exim Solutions can assist Indian rubber exporters in gaining profound industry insights.

How to find Rubber Importers Globally?

Selecting the ideal importer/buyer for the product is a crucial step in rubber export from India. Seair Exim Solutions provides a genuine list of buyers of rubber and rubber products worldwide. You can contact the buyers who are ready to buy the quantity you want to deal with. On our prominent platform, rubber export data makes it very easy to find buyers overseas.

Conclusion

Ultimately, successful rubber export from India requires a strategic plan that takes market dynamics, logistical efficiency, and quality control into account. By focusing on these crucial elements, exporters can boost their profitability and competitiveness in the global market. It will also be necessary to stay current with industry trends and regulatory changes to sustain success over time.

However, please contact Seair Exim Solutions if you need help locating rubber product export data or the best rubber product to export from India. Our team of experts is available to assist you if you require information about rubber product exporters in India, rubber HS codes, rubber export data, and more. Click here to get a free live demo.

 

Frequently Asked Questions

Q1. Which country does India export rubber to?

The top destinations for rubber export from India include Nepal, the United States, the United Arab Emirates, and Germany.

Q2. Who is the largest export of rubber?

As per rubber export data, Thailand is the leading producer and exporter of rubber, holding 31.6% of total rubber exports.

Q3. Which country is best for rubber?

Thailand is the top producer and exporter of rubber, holding 31.6% of total rubber exports, followed by China and Indonesia.

Q4. Which country imports rubber?

The top rubber importing countries include China, the United States, Japan, and India.

Q5. Which city is famous for rubber?

Kerala is India's famous rubber-producing state, holding more than 74% of India's total rubber production.

Q6. Which is the best rubber in the world?

Styrene Butadiene Rubber (SBR) is a synthetic rubber, known for its resistance, toughness, and durability.

  • Seair Exim
  • 02-Aug-2024

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