Key Market Indicators
American Synthetic Rubber Trade Balance is set to reach $872,600,000 by 2026 from $969,800,000 in 2021, dropping 8.7% year on year CAGR. Since 1996, American trade surplus increased 0.3% year on year. American synthetic rubber exports are projected to reach $2.5 billion by 2026, a slight decrease of 0.3% from $2.5 billion in 2021. Since 1996, American synthetic rubber exports have grown by 0.8% annually. Imports of synthetic rubber into the U.S. are predicted to reach $1.7 billion by 2026, a 0.7% growth from $1.6 billion in 2021. Since 1996, American synthetic rubber imports have increased 2.4% annually. The trade balance of American synthetic rubber is expected to reach $872 million by 2026, a decrease of 8.7% from $970 million in 2021. Since 1996, the trade surplus of American synthetic rubber has grown by 0.3% annually.