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Exports In 2022, Philippines exported $113M in Pneumatic tyres new of rubber for buses or lorries, making it the 30th largest exporter of Pneumatic tyres new of rubber for buses or lorries in the world. At the same year, Pneumatic tyres new of rubber for buses or lorries was the 96th most exported product in Philippines. The main destination of Pneumatic tyres new of rubber for buses or lorries exports from Philippines are: United States ($109M), Canada ($2.44M), Peru ($204k), New Zealand ($178k), and Switzerland ($74.8k).

The fastest growing export markets for Pneumatic tyres new of rubber for buses or lorries of Philippines between 2021 and 2022 were United States ($27.6M), Canada ($571k), and New Zealand ($154k).

Imports In 2022, Philippines imported $314M in Pneumatic tyres new of rubber for buses or lorries, becoming the 20th largest importer of Pneumatic tyres new of rubber for buses or lorries in the world. At the same year, Pneumatic tyres new of rubber for buses or lorries was the 81st most imported product in Philippines. Philippines imports Pneumatic tyres new of rubber for buses or lorries primarily from: China ($177M), India ($62.7M), Thailand ($41M), Indonesia ($13.9M), and Japan ($8.51M).

The fastest growing import markets in Pneumatic tyres new of rubber for buses or lorries for Philippines between 2021 and 2022 were Thailand ($6.65M), India ($3.17M), and Japan ($2.93M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$113M
IMPORTS (2022)$314M
NET TRADE (2022)-$202M

In 2022, Philippines exported $113M in Pneumatic tyres new of rubber for buses or lorries. The main destinations of Philippines exports on Pneumatic tyres new of rubber for buses or lorries were United States ($109M), Canada ($2.44M), Peru ($204k), New Zealand ($178k), and Switzerland ($74.8k).

In 2022, Philippines imported $314M in Pneumatic tyres new of rubber for buses or lorries, mainly from China ($177M), India ($62.7M), Thailand ($41M), Indonesia ($13.9M), and Japan ($8.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pneumatic tyres new of rubber for buses or lorries EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$27.6M (33.6%)
Canada$571k (30.6%)
New Zealand$154k (639%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pneumatic tyres new of rubber for buses or lorries BY Philippines WERE (2021 - 2022):
Pakistan-$102k (-91.5%)
Nicaragua-$28.6k (-100%)
Sweden-$15.6k (-23.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Philippines's main exporting competitors in Pneumatic tyres new of rubber for buses or lorries were:
In 2022, Philippines's main importing competitors in Pneumatic tyres new of rubber for buses or lorries were:

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Trade Value of Pneumatic tyres new of rubber for buses or lorries by Exporters

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