Rubber: vulcanised (other than hard rubber), articles of apparel and clothing accessories (other than gloves)

In 2024, rubber: vulcanised (other than hard rubber), articles of apparel and clothing accessories (other than gloves) trade exhibited strong growth, with global flows reaching $357,774,183 and a three-year compound annual growth rate of -5.9% (five-year: +6.9%). The all-time peak of $428,718,032 was recorded in 2021; the current level is 17% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-9.1% acceleration).

The World Trade Flows Characterization classifies rubber: vulcanised (other than hard rubber), articles of apparel and clothing accessories (other than gloves) as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.101). The three largest exporters — China ($85.6M), Germany ($51.2M), and United States ($32.4M) — collectively dominate supply flows. The leading exporter has grown at -8.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.037). The three largest import markets are Poland ($34.2M), United States ($30.3M), and Vietnam ($22.9M). The largest importing market sources from 51 different supplying countries.

Estimated substitution elasticity: -4.65. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Germany → Poland at $24.0M, representing 70.1% of the importer's total demand.

The volatility score for rubber: vulcanised (other than hard rubber), articles of apparel and clothing accessories (other than gloves) is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.