2022
Exports
$2.39BWorld Rnk 12 / 203
Flag Rnk 33 / 1176
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$600MWorld Rnk 35 / 225
Flag Rnk 120 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.39B in Rubber Tires, making it the 12th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 33rd most exported product in Vietnam. The main destination of Rubber Tires exports from Vietnam are: United States ($1.28B), Brazil ($193M), Germany ($79.2M), Canada ($74.4M), and Japan ($55.1M).

The fastest growing export markets for Rubber Tires of Vietnam between 2021 and 2022 were United States ($289M), Brazil ($114M), and Russia ($40.2M).

Imports In 2022, Vietnam imported $600M in Rubber Tires, becoming the 35th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 120th most imported product in Vietnam. Vietnam imports Rubber Tires primarily from: China ($258M), Thailand ($225M), Japan ($37.8M), Indonesia ($21.8M), and India ($14M).

The fastest growing import markets in Rubber Tires for Vietnam between 2021 and 2022 were Thailand ($54.1M), China ($39.6M), and Japan ($7.31M).

COMPANIES In 2023, leading companies such as Sailun Tire (708), Tredit Tire & Wheel (20), and Goodyear Tire and Rubber (14) were at the forefront of shipping Rubber Tires from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Rubber Tires. 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)$2.39B
IMPORTS (2022)$600M
NET TRADE (2022)$1.79B

In 2022, Vietnam exported $2.39B in Rubber Tires. The main destinations of Vietnam exports on Rubber Tires were United States ($1.28B), Brazil ($193M), Germany ($79.2M), Canada ($74.4M), and Japan ($55.1M).

In 2022, Vietnam imported $600M in Rubber Tires, mainly from China ($258M), Thailand ($225M), Japan ($37.8M), Indonesia ($21.8M), and India ($14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$289M (29.1%)
Brazil$114M (143%)
Russia$40.2M (353%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Vietnam WERE (2021 - 2022):
Canada-$15.2M (-17%)
Mexico-$12.4M (-38.2%)
Saudi Arabia-$4.35M (-54.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Rubber Tires were:
In 2022, Vietnam's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $60.9M
TOP IMPORT POTENTIALChina+ $167M

Rubber Tires’s highest export potential is Germany. With an export gap of $60.9M.   Rubber Tires’s highest import potential is China with an import gap of $167M.

See methodology.

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