2022
Exports
$455MWorld Rnk 1 / 175
Flag Rnk 8 / 1074
2022
PRODUCT COMPLEXITY IN Used Rubber Tires
0.67Rnk 290 / 1025
2022
Imports
$2.24MWorld Rnk 105 / 219
Flag Rnk 529 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $455M in Used Rubber Tires, making it the 1st largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 8th most exported product in Sri Lanka. The main destination of Used Rubber Tires exports from Sri Lanka are: United States ($178M), Germany ($57.9M), Italy ($34.5M), Belgium ($29.1M), and Canada ($14.3M).

The fastest growing export markets for Used Rubber Tires of Sri Lanka between 2021 and 2022 were United States ($20.9M), Italy ($4.08M), and Australia ($1.79M).

Imports In 2022, Sri Lanka imported $2.24M in Used Rubber Tires, becoming the 105th largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 529th most imported product in Sri Lanka. Sri Lanka imports Used Rubber Tires primarily from: Vietnam ($721k), India ($702k), Hong Kong ($518k), China ($117k), and Japan ($73.8k).

The fastest growing import markets in Used Rubber Tires for Sri Lanka between 2021 and 2022 were Hong Kong ($251k), United States ($14.7k), and United Arab Emirates ($8.71k).

COMPANIES In 2023, leading companies such as Continental Tire (281), Yokohama Industries (6), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (1) were at the forefront of shipping Used Rubber Tires from Sri Lanka to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Used Rubber Tires. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$455M
IMPORTS (2022)$2.24M
NET TRADE (2022)$452M

In 2022, Sri Lanka exported $455M in Used Rubber Tires. The main destinations of Sri Lanka exports on Used Rubber Tires were United States ($178M), Germany ($57.9M), Italy ($34.5M), Belgium ($29.1M), and Canada ($14.3M).

In 2022, Sri Lanka imported $2.24M in Used Rubber Tires, mainly from Vietnam ($721k), India ($702k), Hong Kong ($518k), China ($117k), and Japan ($73.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$20.9M (13.3%)
Italy$4.08M (13.4%)
Australia$1.79M (19.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Sri Lanka WERE (2021 - 2022):
France-$5.98M (-37.9%)
Canada-$4.19M (-22.7%)
Belgium-$3.44M (-10.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Used Rubber Tires were:
In 2022, Sri Lanka's main importing competitors in Used Rubber Tires were:

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.18M
TOP IMPORT POTENTIALChina+ $170k

Used Rubber Tires’s highest export potential is China. With an export gap of $3.18M.   Used Rubber Tires’s highest import potential is China with an import gap of $170k.

See methodology.

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