Inner tubes of rubber for bicycles401320 (Harmonized System 1992 for 6-digit)
2020 World Trade: $373M, Rnk 2969 / 4613
2020 Top Exporter | Top Importer: $178M | $36M, China | United States
2020 Product Complexity: -0.94, Rnk 3882 / 4783
2019 - 2020 Export Growth (CAGR): 10.8%, Rnk 448 / 4613
2018 Mean Tariff: 9.85%, Rnk 2280 / 6538
2020 Share of World Trade: 0.0022%, Rnk 2969 / 4613
Overview This page contains the latest trade data of Inner tubes of rubber for bicycles. In 2020, Inner tubes of rubber for bicycles were the world's 2969th most traded product, with a total trade of $373M. Between 2019 and 2020 the exports of Inner tubes of rubber for bicycles grew by 10.8%, from $337M to $373M. Trade in Inner tubes of rubber for bicycles represent 0.0022% of total world trade.
Inner tubes of rubber for bicycles are a part of Rubber Inner Tubes.
Exports In 2020 the top exporters of Inner tubes of rubber for bicycles were China ($178M), Vietnam ($41.1M), Germany ($25M), Thailand ($24.7M), and Chinese Taipei ($21.8M).
Imports In 2020 the top importers of Inner tubes of rubber for bicycles were United States ($36M), Germany ($29.9M), Netherlands ($19.4M), France ($18.3M), and Spain ($14M).
Tariffs In 2018 the average tariff for Inner tubes of rubber for bicycles was 9.85%, making it the 2280th lowest tariff using the HS6 product classification.
Ranking Inner tubes of rubber for bicycles ranks 3882nd in the Product Complexity Index (PCI).
Description Rubber inner tubes are used to allow air to escape from the tube when a tire goes flat. This means that cyclists can get back on the road without waiting for help. Air is pumped into the tube and the cyclist fills the tube with air by rotating the tire. The tube is then attached to the wheel and the tire is inflated.
The following visualization shows the latest trends on Inner tubes of rubber for bicycles. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $178M
Top Destination (2020): United States, $36M
Inner tubes of rubber for bicycles are the world's 2969th most traded product.
In 2020, the top exporters of Inner tubes of rubber for bicycles were China ($178M), Vietnam ($41.1M), Germany ($25M), Thailand ($24.7M), and Chinese Taipei ($21.8M).
In 2020, the top importers of Inner tubes of rubber for bicycles were United States ($36M), Germany ($29.9M), Netherlands ($19.4M), France ($18.3M), and Spain ($14M).
Trade by country
Top Origin Growth (2019 - 2020): China, $10.5M
Top Destination Growth (2019 - 2020): United States, $13M
Between 2019 and 2020, the exports of Inner tubes of rubber for bicycles grew the fastest in China ($10.5M), Vietnam ($6.94M), Germany ($6.44M), Chinese Taipei ($3.72M), and Thailand ($1.84M).
Between 2019 and 2020, the fastest growing importers of Inner tubes of rubber for bicycles were United States ($13M), Germany ($4.01M), United Kingdom ($3.62M), Belgium ($3.2M), and Mexico ($2.43M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Inner tubes of rubber for bicycles.
In 2020, market concentration measured using Shannon Entropy, was 2.99. This means that most of the exports of Inner tubes of rubber for bicycles are explained by 7 countries.
TOP NET EXPORTER (2020): China, $177M
TOP NET IMPORTER (2020): United States, $34.9M
This map shows which countries export or import more of Inner tubes of rubber for bicycles. Each country is colored based on the difference in exports and imports of Inner tubes of rubber for bicycles during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Inner tubes of rubber for bicycles were China ($177M), Vietnam ($37.9M), Thailand ($23.1M), India ($20.3M), and Chinese Taipei ($19.1M).
In 2020, the countries that had a largest trade value in imports than in exports of Inner tubes of rubber for bicycles were United States ($34.9M), Netherlands ($14.8M), Brazil ($12.7M), Mexico ($12.6M), and France ($12.2M).
This visualization shows the countries that have an important ratio of their trade related to Inner tubes of rubber for bicycles. It is possible to select the main countries that export or import Inner tubes of rubber for bicycles in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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