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2023
Exports $12MWorld Rnk 13 / 153
Flag Rnk 1023 / 1217
2023
Destination $365k Canada
2022 - 2023
FASTEST GROWING MARKET $365kPhilippines
2023
PRODUCT COMPLEXITY IN Rubber Inner Tubes-0.073Rnk 581 / 1025
2023
Imports $66.8MWorld Rnk 1 / 216
Flag Rnk 919 / 1215
2023
Origin $2.82M South Korea
2022 - 2023
FASTEST GROWING ORIGIN $2.82MPhilippines
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $12M in Rubber Inner Tubes, making it the 13th largest exporter of Rubber Inner Tubes in the world. At the same year, Rubber Inner Tubes was the 1023rd most exported product in United States. The main destination of Rubber Inner Tubes exports from United States are: Canada ($4.86M), Philippines ($818k), Mexico ($691k), Brazil ($674k), and Singapore ($421k).

The fastest growing export markets for Rubber Inner Tubes of United States between 2022 and 2023 were Philippines ($365k), Mexico ($293k), and Singapore ($208k).

Imports In 2023, United States imported $66.8M in Rubber Inner Tubes, becoming the 1st largest importer of Rubber Inner Tubes in the world. At the same year, Rubber Inner Tubes was the 919th most imported product in United States. United States imports Rubber Inner Tubes primarily from: South Korea ($23.3M), China ($16.3M), Vietnam ($5.23M), Chinese Taipei ($4.5M), and Philippines ($2.86M).

The fastest growing import markets in Rubber Inner Tubes for United States between 2022 and 2023 were Philippines ($2.82M), Mexico ($270k), and Canada ($225k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (101), YAMAHA CORPORATION OF AMERICA (49), and CrimsonLogic (28) were at the forefront of shipping Rubber Inner Tubes to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Rubber Inner Tubes exports accounted up to $888k and imports accounted up to $6.44M, resulting in a negative trade balance of $5.55M. Between November 2023 and November 2024 the exports of United States'   Rubber Inner Tubes have increased by $108k (13.9%) from $779k to $888k, while imports increased by $1.82M (39.4%) from $4.62M to $6.44M.

Destinations In November 2024, Rubber Inner Tubes were exported mostly to Canada ($514k), Australia ($82.9k), Germany ($64.9k), Mexico ($63.5k), and Denmark ($44.2k), and were imported mostly from China ($1.5M), South Korea ($1.48M), Vietnam ($885k), Serbia ($827k), and Thailand ($414k).

Growth In November 2024, the increase in Rubber Inner Tubes's year-by-year exports was explained primarily by an increase in exports to Brazil ($4.64k or 14%), Chile ($2.87k or 98%), and United Kingdom ($1.87k or 74.4%). In November 2024, the increase in Rubber Inner Tubes's year-by-year imports was explained primarily by an increase in imports from Indonesia ($158k or 170%), Mexico ($128k or 137%), and India ($111k or 117%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$108k(13.9%)
IMPORT GROWTH (November 2023 - November 2024)$1.82M(39.4%)
MAIN EXPORTER (November 2024)Arkansas$459k
MAIN DESTINATION (November 2024)Canada$514k

This section shows Rubber Inner Tubes's exports and imports data at subnational level for United States. 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 Rubber Inner Tubes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12M
IMPORTS (2023)$66.8M
NET TRADE (2023)-$54.8M

In 2023, United States exported $12M in Rubber Inner Tubes. The main destinations of United States exports on Rubber Inner Tubes were Canada ($4.86M), Philippines ($818k), Mexico ($691k), Brazil ($674k), and Singapore ($421k).

In 2023, United States imported $66.8M in Rubber Inner Tubes, mainly from South Korea ($23.3M), China ($16.3M), Vietnam ($5.23M), Chinese Taipei ($4.5M), and Philippines ($2.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Inner Tubes EXPORT MARKETS FOR United States WERE (2022 - 2023):
Philippines$365k (80.5%)
Mexico$293k (73.6%)
Singapore$208k (97.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Inner Tubes BY United States WERE (2022 - 2023):
Canada-$1.91M (-28.2%)
Spain-$228k (-94.1%)
Hong Kong-$224k (-89.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Rubber Inner Tubes were:
China $489M
South Korea $91.3M
India $71.4M
In 2023, United States's main importing competitors in Rubber Inner Tubes were:
Brazil $61.2M
Netherlands $48.5M

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Trade Value of Rubber Inner Tubes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $476k
TOP IMPORT POTENTIALChina+ $8.04M

Rubber Inner Tubes’s highest export potential is Mexico. With an export gap of $476k.   Rubber Inner Tubes’s highest import potential is China with an import gap of $8.04M.

See methodology.

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