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2022
Exports $19.6BWorld Rnk 1 / 203
Flag Rnk 34 / 1216
2022
Destination $605M Russia
2021 - 2022
FASTEST GROWING MARKET $605MRussia
2022
PRODUCT COMPLEXITY IN Rubber Tires0.16Rnk 500 / 1025
2022
Imports $851MWorld Rnk 24 / 225
Flag Rnk 250 / 1212
2022
Origin $25.7M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $25.7MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $19.6B in Rubber Tires, making it the 1st largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 34th most exported product in China. The main destination of Rubber Tires exports from China are: Russia ($1.11B), Mexico ($1.11B), United States ($1.06B), Australia ($745M), and Saudi Arabia ($690M).

The fastest growing export markets for Rubber Tires of China between 2021 and 2022 were Russia ($605M), Mexico ($156M), and Germany ($142M).

Imports In 2022, China imported $851M in Rubber Tires, becoming the 24th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 250th most imported product in China. China imports Rubber Tires primarily from: United Arab Emirates ($148M), Thailand ($118M), Japan ($92M), Germany ($73M), and United States ($43.4M).

The fastest growing import markets in Rubber Tires for China between 2021 and 2022 were United Arab Emirates ($25.7M), Australia ($15.6M), and Mexico ($15M).

COMPANIES In 2023, leading companies such as Yokohama Industries (109), Goodyear Tire and Rubber (37), and Pirelli Tires (31) were at the forefront of shipping Rubber Tires from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Rubber Tires exports accounted up to $1.88B and imports accounted up to $69.3M, resulting in a positive trade balance of $1.81B. Between October 2023 and October 2024 the exports of China's   Rubber Tires have increased by $217M (13%) from $1.66B to $1.88B, while imports decreased by $-11.2M (-13.9%) from $80.4M to $69.3M.

Destinations In October 2024, Rubber Tires were exported mostly to Russia ($138M), Mexico ($85.7M), Saudi Arabia ($75.5M), Brazil ($63.6M), and United Arab Emirates ($62.5M), and were imported mostly from Japan ($18.8M), Thailand ($11.4M), United States ($7.62M), Germany ($4.26M), and France ($3.07M).

Growth In October 2024, the increase in Rubber Tires's year-by-year exports was explained primarily by an increase in exports to Russia ($57.8M or 76%), Mexico ($15.2M or 19.5%), and Paraguay ($12M or 89.5%). In October 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-14.4M or -67.1%), Germany ($-7.37M or -56.7%), and South Korea ($-5.75M or -91.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$217M(13%)
IMPORT GROWTH (October 2023 - October 2024)$-11.2M(-13.9%)
MAIN EXPORTER (October 2024)Shandong Province$1.25B
MAIN DESTINATION (October 2024)Russia$138M

This section shows Rubber Tires's exports and imports data at subnational level for China. 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 (2022)$19.6B
IMPORTS (2022)$851M
NET TRADE (2022)$18.8B

In 2022, China exported $19.6B in Rubber Tires. The main destinations of China exports on Rubber Tires were Russia ($1.11B), Mexico ($1.11B), United States ($1.06B), Australia ($745M), and Saudi Arabia ($690M).

In 2022, China imported $851M in Rubber Tires, mainly from United Arab Emirates ($148M), Thailand ($118M), Japan ($92M), Germany ($73M), and United States ($43.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$605M (119%)
Mexico$156M (16.4%)
Germany$142M (35.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY China WERE (2021 - 2022):
Chile-$63.5M (-17.6%)
Nigeria-$57.2M (-14.6%)
Honduras-$36.1M (-49.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rubber Tires were:
Thailand $7.2B
Germany $5.83B
In 2022, China's main importing competitors in Rubber Tires were:
United States $19B
Germany $7.38B
France $4.51B

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $716M
TOP IMPORT POTENTIALThailand+ $89.3M

Rubber Tires’s highest export potential is United States. With an export gap of $716M.   Rubber Tires’s highest import potential is Thailand with an import gap of $89.3M.

See methodology.

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