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Pneumatic tyres new of rubber for motor cars

401110 (Harmonized System 1992 for 6-digit)

2023
World Trade $49.9BRnk 62 / 4644
2023
Top Exporter | Top Importer $8.25B | $10.6BChina | United States
2023
Product Complexity 0.45Rnk 1764 / 4656
2022 - 2023
Export Growth (CAGR) 4.16%Rnk 1110 / 4644
2023
Share of World Trade 0.22%Rnk 62 / 4644

About

Overview This page contains the latest trade data of Pneumatic tyres new of rubber for motor cars. In 2023, Pneumatic tyres new of rubber for motor cars were the world's 62nd most traded product, with a total trade of $49.9B. Between 2022 and 2023 the exports of Pneumatic tyres new of rubber for motor cars grew by 4.16%, from $47.9B to $49.9B. Trade in Pneumatic tyres new of rubber for motor cars represent 0.22% of total world trade.

Pneumatic tyres new of rubber for motor cars are a part of Rubber Tires.

Exports In 2023 the top exporters of Pneumatic tyres new of rubber for motor cars  were China ($8.25B), Germany ($4.09B), Thailand ($3.19B), South Korea ($2.63B), and Japan ($2.3B).

Imports In 2023 the top importers of Pneumatic tyres new of rubber for motor cars were United States ($10.6B), Germany ($4.77B), France ($3B), United Kingdom ($2.1B), and Italy ($1.93B).

Ranking Pneumatic tyres new of rubber for motor cars ranks 1764th in the Product Complexity Index (PCI).

Description Pneumatic tyres are made of rubber and are inflated with air. They are used on motor cars to offload the weight of the vehicle from the engine to the wheels.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pneumatic tyres new of rubber for motor cars. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$8.25B
Top Destination (2023)United States$10.6B

In 2023 Pneumatic tyres new of rubber for motor cars were the world's 62nd most traded product (out of 4,644).

In 2023, the top exporters of Pneumatic tyres new of rubber for motor cars were China ($8.25B), Germany ($4.09B), Thailand ($3.19B), South Korea ($2.63B), and Japan ($2.3B).

In 2023, the top importers of Pneumatic tyres new of rubber for motor cars were United States ($10.6B), Germany ($4.77B), France ($3B), United Kingdom ($2.1B), and Italy ($1.93B).

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Exporters of Pneumatic tyres new of rubber for motor cars (2023)
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Importers of Pneumatic tyres new of rubber for motor cars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$478M
Top Destination Growth (2022 -  2023)France$433M

Between 2022 and 2023, the exports of Pneumatic tyres new of rubber for motor cars grew the fastest in China ($478M), Mexico ($372M), Spain ($372M), Germany ($269M), and Hungary ($223M).

Between 2022 and 2023, the fastest growing importers of Pneumatic tyres new of rubber for motor cars were France ($433M), United States ($221M), Germany ($210M), Spain ($208M), and Italy ($175M).

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Exporters of Pneumatic tyres new of rubber for motor cars (2022 - 2023)

Importers of Pneumatic tyres new of rubber for motor cars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pneumatic tyres new of rubber for motor cars.

In 2023, market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Pneumatic tyres new of rubber for motor cars are explained by 26 countries.

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Value of Exports in Pneumatic tyres new of rubber for motor cars

Net Trade

TOP NET EXPORTER (2023)China$7.74B
TOP NET IMPORTER (2023)United States$9.24B

This map shows which countries export or import more of Pneumatic tyres new of rubber for motor cars. Each country is colored based on the difference in exports and imports of Pneumatic tyres new of rubber for motor cars during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pneumatic tyres new of rubber for motor cars were China ($7.74B), Thailand ($2.94B), South Korea ($1.92B), Japan ($1.39B), and Indonesia ($1.39B).

In 2023, the countries that had a largest trade value in imports than in exports of Pneumatic tyres new of rubber for motor cars were United States ($9.24B), United Kingdom ($1.78B), France ($1.34B), Australia ($783M), and Saudi Arabia ($709M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Pneumatic tyres new of rubber for motor cars.
It is possible to select the main countries that export or import Pneumatic tyres new of rubber for motor cars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pneumatic tyres new of rubber for motor cars by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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