Expanding international market for rubber products

Abstract

Imports of rubber products into countries of the Organization for Economic Cooperation and Development (OECD) from developing countries have witnessed a steady growth in the last several years, a trend that is likely to continue. During the 1989-94 period total imports of rubber goods into OECD markets increased from $18.6 billion to $25.4 billion, a rise by 37%. Imports of rubber goods during this period from developing countries went up by 73%, to $4.1 billion. The growth of trade in rubber products among developing countries has been equally impressive. Suppliers in natural rubber producing countries should be able to increase their exports in line with rising international demand.