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2022
Exports $7.41BWorld Rnk 1 / 181
Flag Rnk 63 / 4606
2022
Destination $112M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $112MGermany
2022
Imports $491MWorld Rnk 26 / 224
Flag Rnk 435 / 4539
2022
Origin $14.9M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $14.9MMexico
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.41B in Pneumatic tyres new of rubber for motor cars, making it the 1st largest exporter of Pneumatic tyres new of rubber for motor cars in the world. At the same year, Pneumatic tyres new of rubber for motor cars was the 63rd most exported product in China. The main destination of Pneumatic tyres new of rubber for motor cars exports from China are: United Kingdom ($555M), Germany ($365M), Australia ($338M), Mexico ($333M), and Brazil ($333M).

The fastest growing export markets for Pneumatic tyres new of rubber for motor cars of China between 2021 and 2022 were Germany ($112M), Russia ($111M), and Italy ($63.6M).

Imports In 2022, China imported $491M in Pneumatic tyres new of rubber for motor cars, becoming the 26th largest importer of Pneumatic tyres new of rubber for motor cars in the world. At the same year, Pneumatic tyres new of rubber for motor cars was the 435th most imported product in China. China imports Pneumatic tyres new of rubber for motor cars primarily from: United Arab Emirates ($80.7M), Thailand ($73.4M), Germany ($69.5M), South Korea ($31.9M), and Italy ($28.6M).

The fastest growing import markets in Pneumatic tyres new of rubber for motor cars for China between 2021 and 2022 were Mexico ($14.9M), United Arab Emirates ($14.9M), and Australia ($5.67M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Pneumatic tyres new of rubber for motor cars from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Pneumatic tyres new of rubber for motor cars exports accounted up to $844M and imports accounted up to $35M, resulting in a positive trade balance of $809M. Between July 2023 and July 2024 the exports of China's   Pneumatic tyres new of rubber for motor cars have increased by $89.8M (11.9%) from $754M to $844M, while imports increased by $4.89M (16.2%) from $30.1M to $35M.

Destinations In July 2024, Pneumatic tyres new of rubber for motor cars were exported mostly to Russia ($49.3M), United Kingdom ($49.2M), Germany ($46.9M), Brazil ($45.4M), and Saudi Arabia ($36.2M), and were imported mostly from Thailand ($4.25M), Japan ($4.24M), United States ($4.11M), Germany ($4.04M), and Italy ($2.37M).

Growth In July 2024, the increase in Pneumatic tyres new of rubber for motor cars's year-by-year exports was explained primarily by an increase in exports to Russia ($12.9M or 54.1%), United Kingdom ($7.89M or 24.7%), and Poland ($6.17M or 92.8%). In July 2024, the increase in Pneumatic tyres new of rubber for motor cars's year-by-year imports was explained primarily by an increase in imports from Vietnam ($355k or 184%), Malaysia ($288k or 53.3k%), and Slovakia ($277k or 412%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$89.8M(11.9%)
IMPORT GROWTH (July 2023 - July 2024)$4.89M(16.2%)
MAIN EXPORTER (July 2024)Shandong Province$551M
MAIN DESTINATION (July 2024)Russia$49.3M

This section shows Pneumatic tyres new of rubber for motor cars's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pneumatic tyres new of rubber for motor cars over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Pneumatic tyres new of rubber for motor cars throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.41B
IMPORTS (2022)$491M
NET TRADE (2022)$6.92B

In 2022, China exported $7.41B in Pneumatic tyres new of rubber for motor cars. The main destinations of China exports on Pneumatic tyres new of rubber for motor cars were United Kingdom ($555M), Germany ($365M), Australia ($338M), Mexico ($333M), and Brazil ($333M).

In 2022, China imported $491M in Pneumatic tyres new of rubber for motor cars, mainly from United Arab Emirates ($80.7M), Thailand ($73.4M), Germany ($69.5M), South Korea ($31.9M), and Italy ($28.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pneumatic tyres new of rubber for motor cars EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$112M (44.3%)
Russia$111M (70.7%)
Italy$63.6M (40.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pneumatic tyres new of rubber for motor cars BY China WERE (2021 - 2022):
Nigeria-$39.7M (-38.9%)
Chile-$30.3M (-27.7%)
South Africa-$26.3M (-29.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pneumatic tyres new of rubber for motor cars were:
Germany $4B
Thailand $2.89B
In 2022, China's main importing competitors in Pneumatic tyres new of rubber for motor cars were:
United States $9.87B
Germany $4.31B
France $2.62B

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Trade Value of Pneumatic tyres new of rubber for motor cars by Exporters

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