2023
Exports
$1.88BWorld Rnk 20 / 207
Flag Rnk 48 / 1212
falsefalse United States
2023
PRODUCT COMPLEXITY IN Rubber Tires
0.23Rnk 486 / 1025
2023
Imports
$3.37BWorld Rnk 5 / 225
Flag Rnk 23 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.88B in Rubber Tires, making it the 20th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 48th most exported product in Canada. The main destination of Rubber Tires exports from Canada are: United States ($1.7B), Mexico ($142M), Germany ($7.23M), France ($4.69M), and Japan ($3.74M).

Imports In 2023, Canada imported $3.37B in Rubber Tires, becoming the 5th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 23rd most imported product in Canada. Canada imports Rubber Tires primarily from: United States ($1.38B), China ($520M), Japan ($359M), Mexico ($115M), and Thailand ($97.8M).

The fastest growing import markets in Rubber Tires for Canada between 2022 and 2023 were United States ($115M), Finland ($33M), and Mexico ($19.9M).

COMPANIES In 2024, leading companies such as Sailun Tire (4) and Continental Tire (1) were at the forefront of shipping Rubber Tires from Canada to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$33.9M(18.4%)
IMPORT GROWTH (December 2023 - December 2024)C$-3.52M(-1.1%)
MAIN DESTINATION (December 2024)United StatesC$214M

This section shows Rubber Tires's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.88B
IMPORTS (2023)$3.37B
NET TRADE (2023)-$1.49B

In 2023, Canada exported $1.88B in Rubber Tires. The main destinations of Canada exports on Rubber Tires were United States ($1.7B), Mexico ($142M), Germany ($7.23M), France ($4.69M), and Japan ($3.74M).

In 2023, Canada imported $3.37B in Rubber Tires, mainly from United States ($1.38B), China ($520M), Japan ($359M), Mexico ($115M), and Thailand ($97.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Rubber Tires were:
China $21.1B
Japan $6.54B
In 2023, Canada's main importing competitors in Rubber Tires were:

Explore Visualizations

Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $407M
TOP IMPORT POTENTIALChina+ $133M

Rubber Tires’s highest export potential is United States. With an export gap of $407M.   Rubber Tires’s highest import potential is China with an import gap of $133M.

See methodology.

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