Inner tubes of rubber for motor vehicles401310 (Harmonized System 1992 for 6-digit)
2020 World Trade: $327M, Rnk 3120 / 4613
2020 Top Exporter | Top Importer: $120M | $27.4M, China | United States
2020 Product Complexity: -0.012, Rnk 2564 / 4783
2019 - 2020 Export Growth (CAGR): -10.5%, Rnk 2576 / 4613
2018 Mean Tariff: 10.9%, Rnk 1957 / 6538
2020 Share of World Trade: 0.002%, Rnk 3120 / 4613
Overview This page contains the latest trade data of Inner tubes of rubber for motor vehicles. In 2020, Inner tubes of rubber for motor vehicles were the world's 3120th most traded product, with a total trade of $327M. Between 2019 and 2020 the exports of Inner tubes of rubber for motor vehicles decreased by -10.5%, from $365M to $327M. Trade in Inner tubes of rubber for motor vehicles represent 0.002% of total world trade.
Inner tubes of rubber for motor vehicles are a part of Rubber Inner Tubes.
Exports In 2020 the top exporters of Inner tubes of rubber for motor vehicles were China ($120M), South Korea ($89.8M), India ($24.9M), Vietnam ($22.1M), and Thailand ($10.1M).
Imports In 2020 the top importers of Inner tubes of rubber for motor vehicles were United States ($27.4M), United Arab Emirates ($17.9M), Saudi Arabia ($15.2M), Philippines ($13.7M), and Germany ($12.4M).
Tariffs In 2018 the average tariff for Inner tubes of rubber for motor vehicles was 10.9%, making it the 1957th lowest tariff using the HS6 product classification.
Ranking Inner tubes of rubber for motor vehicles ranks 2564th in the Product Complexity Index (PCI).
Description The common uses of inner tubes of rubber for motor vehicles are as a buffer between the ground and the tires and as a container for air. They are usually inflated with air, and when they are flat they are replaced with new ones.
The following visualization shows the latest trends on Inner tubes of rubber for motor vehicles. 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, $120M
Top Destination (2020): United States, $27.4M
Inner tubes of rubber for motor vehicles are the world's 3120th most traded product.
In 2020, the top exporters of Inner tubes of rubber for motor vehicles were China ($120M), South Korea ($89.8M), India ($24.9M), Vietnam ($22.1M), and Thailand ($10.1M).
In 2020, the top importers of Inner tubes of rubber for motor vehicles were United States ($27.4M), United Arab Emirates ($17.9M), Saudi Arabia ($15.2M), Philippines ($13.7M), and Germany ($12.4M).
Trade by country
Top Origin Growth (2019 - 2020): Netherlands, $8.26M
Top Destination Growth (2019 - 2020): Germany, $6.02M
Between 2019 and 2020, the exports of Inner tubes of rubber for motor vehicles grew the fastest in Netherlands ($8.26M), Japan ($4.17M), Indonesia ($609k), Saudi Arabia ($441k), and Pakistan ($417k).
Between 2019 and 2020, the fastest growing importers of Inner tubes of rubber for motor vehicles were Germany ($6.02M), United States ($3.26M), Philippines ($2.01M), Netherlands ($1.79M), and Argentina ($1.76M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Inner tubes of rubber for motor vehicles.
In 2020, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Inner tubes of rubber for motor vehicles are explained by 7 countries.
TOP NET EXPORTER (2020): China, $119M
TOP NET IMPORTER (2020): United States, $25.9M
This map shows which countries export or import more of Inner tubes of rubber for motor vehicles. Each country is colored based on the difference in exports and imports of Inner tubes of rubber for motor vehicles during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Inner tubes of rubber for motor vehicles were China ($119M), South Korea ($88.8M), India ($24.6M), Vietnam ($13.1M), and Poland ($7.47M).
In 2020, the countries that had a largest trade value in imports than in exports of Inner tubes of rubber for motor vehicles were United States ($25.9M), Saudi Arabia ($14.6M), Germany ($11.8M), Egypt ($9.87M), and Nigeria ($9.66M).
This visualization shows the countries that have an important ratio of their trade related to Inner tubes of rubber for motor vehicles. It is possible to select the main countries that export or import Inner tubes of rubber for motor vehicles 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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