Overview: In 2018, Rubber Tires were the world's 33rd most traded product, with a total trade of $81.5B. Between 2017 and 2018 the exports of Rubber Tires grew by 8.24%, from $75.3B to $81.5B. Trade in Rubber Tires represent 0.44% of total world trade.
Exports: In 2018 the top exporters of Rubber Tires were China ($15.1B), Germany ($5.97B), Japan ($5.33B), Thailand ($5.14B), and United States ($4.99B).
Imports: In 2018 the top importers of Rubber Tires were United States ($14.3B), Germany ($7.33B), France ($3.8B), Canada ($3.12B), and Mexico ($3B).
Tariffs: In 2018 the average tariff for Rubber Tires was 10.4%, been the 407 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Rubber Tires are Maldives (36.2%), Bermuda (35%), Sudan (35%), Cape Verde (27.9%), and Sri Lanka (26.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).
Ranking: Rubber Tires ranks 451st in the Product Complexity Index (PCI).