Used Rubber Tires in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $196M in Used Rubber Tires, making it the 3rd largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 778th most exported product in China. The main destination of Used Rubber Tires exports from China are: United States ($43.2M), Indonesia ($10.1M), Pakistan ($8.53M), Thailand ($7.83M), and South Korea ($5.18M).

The fastest growing export markets for Used Rubber Tires of China between 2021 and 2022 were Pakistan ($7.62M), Russia ($2.27M), and Panama ($2.18M).

Imports In 2022, China imported $45.8M in Used Rubber Tires, becoming the 13th largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 797th most imported product in China. China imports Used Rubber Tires primarily from: Thailand ($20.6M), Vietnam ($12.3M), Sri Lanka ($4.71M), France ($1.62M), and Indonesia ($1.01M).

The fastest growing import markets in Used Rubber Tires for China between 2021 and 2022 were Australia ($281k), Sri Lanka ($260k), and Denmark ($187k).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (40k), GITI TIRE (USA) LTD. (6.08k), and SAILUN TIRE AMERICAS INC. (3.12k) were at the forefront of shipping Used Rubber Tires from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Used Rubber Tires exports accounted up to $14.5M and imports accounted up to $4.85M, resulting in a positive trade balance of $9.69M. Between February 2023 and February 2024 the exports of China's Used Rubber Tires have decreased by $-1.05M (-6.72%) from $15.6M to $14.5M, while imports increased by $672k (16.1%) from $4.18M to $4.85M.

Destinations In February 2024, Used Rubber Tires were exported mostly to United States ($3.09M), Thailand ($837k), Indonesia ($701k), India ($655k), and Dominican Republic ($640k), and were imported mostly from Thailand ($3.48M), Sri Lanka ($401k), Vietnam ($267k), United States ($188k), and France ($185k).

Growth In February 2024, the decrease in Used Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-334k or -33%), United States ($-215k or -5.87%), and Tanzania ($-214k or -85.5%). In February 2024, the increase in Used Rubber Tires's year-by-year imports was explained primarily by an increase in imports from Austria ($38.3k or 3.64k%), Denmark ($3.2k or 552%), and Indonesia ($1.41k or 1.56%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-1.05M(-6.72%)

IMPORT GROWTH (February 2023 - February 2024)$672k(16.1%)

MAIN EXPORTER (February 2024)Zhejiang Province$4.96M

MAIN DESTINATION (February 2024)United States$3.09M

This section shows Used 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 Used Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$196M

IMPORTS (2022)$45.8M

NET TRADE (2022)$150M

In 2022, China exported $196M in Used Rubber Tires. The main destinations of China exports on Used Rubber Tires were United States ($43.2M), Indonesia ($10.1M), Pakistan ($8.53M), Thailand ($7.83M), and South Korea ($5.18M).

In 2022, China imported $45.8M in Used Rubber Tires, mainly from Thailand ($20.6M), Vietnam ($12.3M), Sri Lanka ($4.71M), France ($1.62M), and Indonesia ($1.01M).

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