HS Icon Used Rubber Tires

4012 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $2.62B, Rnk 656 / 1217

2019
Top Exporter | Top Importer
: $360M | $349M, Sri Lanka | United States

2019
Product Complexity
: 0.62, Rnk 293 / 961

2018 - 2019
Export Growth (CAGR)
: -4.53%, Rnk 715 / 1217

2018
Mean Tariff
: 14.9%, Rnk 204 / 1259

 2019
Share of World Trade
: 0.014%, Rnk 656 / 1217

Overview:  This page contains the latest trade data of Used Rubber Tires. In 2019, Used Rubber Tires were the world's 656th most traded product, with a total trade of $2.62B. Between 2018 and 2019 the exports of Used Rubber Tires decreased by -4.53%, from  $2.75B to $2.62B. Trade in Used Rubber Tires represent 0.014% of total world trade.

Exports: In 2019 the top exporters of Used Rubber Tires  were Sri Lanka ($360M), Germany ($280M), France ($173M), China ($170M), and Belgium ($149M).

Imports: In 2019 the top importers of Used Rubber Tires were United States ($349M), Germany ($233M), France ($176M), Netherlands ($116M), and Canada ($91.8M).

Tariffs: In 2018 the average tariff for Used Rubber Tires was 14.9%, making it the 204th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Used Rubber Tires are Iran (51.1%), Angola (50%), Maldives (42.1%), Bermuda (35%), and Cambodia (34.3%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Used Rubber Tires ranks 293rd in the Product Complexity Index (PCI).

Description: Used tires are often retreaded and used for heavy-duty applications. They are also used in the production of rubber mulch, which is a cheaper alternative to wood mulch.

Exporters and Importers

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Trade By Country

Top Origin (2019): Sri Lanka, $360M

Top Destination (2019): United States, $349M

Used Rubber Tires are the world's 656th most traded product.

In 2019, the top exporters of Used Rubber Tires were Sri Lanka ($360M), Germany ($280M), France ($173M), China ($170M), and Belgium ($149M).

In 2019, the top importers of Used Rubber Tires were United States ($349M), Germany ($233M), France ($176M), Netherlands ($116M), and Canada ($91.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Philippines, $9.21M

Top Destination Growth (2018 - 2019): Japan, $42.4M

Between 2018 and 2019, the exports of Used Rubber Tires grew the fastest in Philippines ($9.21M), Japan ($8.54M), United Arab Emirates ($7.68M), Thailand ($6.4M), and Denmark ($3.81M).

Between 2018 and 2019, the fastest growing importers of Used Rubber Tires were Japan ($42.4M), United Arab Emirates ($11.1M), China ($10.2M), Myanmar ($3.6M), and Russia ($3.49M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Used Rubber Tires.

In 2019,  market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Used Rubber Tires are explained by 25 countries.

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TOP NET EXPORTER (2019): Sri Lanka, $357M

TOP NET IMPORTER (2019): United States, $200M

This map shows which countries export or import more of Used Rubber Tires. Each country is colored based on the difference in exports and imports of Used Rubber Tires during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Used Rubber Tires were Sri Lanka ($357M), China ($84.5M), Brazil ($67.8M), Belgium ($66.9M), and Thailand ($64.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Used Rubber Tires were United States ($200M), Canada ($72.1M), Italy ($35.3M), Turkey ($32.1M), and Russia ($26.7M).

Disaggregation

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Value

In 2019, the world most traded Used Rubber Tires, disaggragated by their HS6 level were Solid or cushioned tyres, interchangeable treads ($1.38B), Retreaded tyres ($690M), and Pneumatic tyres used ($552M)

Import Tariffs

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In 2018, the average tariff for importing Used Rubber Tires was 14.9%.  The countries with the highest tariffs for importing Used Rubber Tires were Iran (51.1%), Angola (50%), Maldives (42.1%), Bermuda (35%), and Cambodia (34.3%).

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Product Complexity

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Diversification Frontier

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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.