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401120 (Harmonized System 1992 for 6-digit)

2022
World Trade $30.4BRnk 106 / 4648
2022
Top Exporter | Top Importer $8.89B | $6.5BChina | United States
2022
Product Complexity 0.37Rnk 1871 / 4653
2021 - 2022
Export Growth (CAGR) 12.2%Rnk 1395 / 4648
2022
Share of World Trade 0.13%Rnk 106 / 4648

About

Overview This page contains the latest trade data of Pneumatic tyres new of rubber for buses or lorries. In 2022, Pneumatic tyres new of rubber for buses or lorries were the world's 106th most traded product, with a total trade of $30.4B. Between 2021 and 2022 the exports of Pneumatic tyres new of rubber for buses or lorries grew by 12.2%, from $27.1B to $30.4B. Trade in Pneumatic tyres new of rubber for buses or lorries represent 0.13% of total world trade.

Pneumatic tyres new of rubber for buses or lorries are a part of Rubber Tires.

Exports In 2022 the top exporters of Pneumatic tyres new of rubber for buses or lorries  were China ($8.89B), Thailand ($3.39B), United States ($1.76B), Japan ($1.42B), and Vietnam ($1.3B).

Imports In 2022 the top importers of Pneumatic tyres new of rubber for buses or lorries were United States ($6.5B), Mexico ($1.75B), Germany ($1.74B), Canada ($1.15B), and France ($1.03B).

Ranking Pneumatic tyres new of rubber for buses or lorries ranks 1871st in the Product Complexity Index (PCI).

Description Pneumatic tyres are rubber that are inflated with air to keep them from touching the ground. They are used on buses and lorries to increase the weight limit, reduce the noise, and increase the steering.

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$8.89B
Top Destination (2022)United States$6.5B

In 2022 Pneumatic tyres new of rubber for buses or lorries were the world's 106th most traded product (out of 4,648).

In 2022, the top exporters of Pneumatic tyres new of rubber for buses or lorries were China ($8.89B), Thailand ($3.39B), United States ($1.76B), Japan ($1.42B), and Vietnam ($1.3B).

In 2022, the top importers of Pneumatic tyres new of rubber for buses or lorries were United States ($6.5B), Mexico ($1.75B), Germany ($1.74B), Canada ($1.15B), and France ($1.03B).

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Exporters of Pneumatic tyres new of rubber for buses or lorries (2022)
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Importers of Pneumatic tyres new of rubber for buses or lorries (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.23B
Top Destination Growth (2021 -  2022)United States$1.46B

Between 2021 and 2022, the exports of Pneumatic tyres new of rubber for buses or lorries grew the fastest in China ($1.23B), Thailand ($600M), Vietnam ($449M), Japan ($262M), and United States ($175M).

Between 2021 and 2022, the fastest growing importers of Pneumatic tyres new of rubber for buses or lorries were United States ($1.46B), Mexico ($281M), Saudi Arabia ($136M), Brazil ($135M), and Germany ($123M).

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Exporters of Pneumatic tyres new of rubber for buses or lorries (2021 - 2022)

Importers of Pneumatic tyres new of rubber for buses or lorries (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pneumatic tyres new of rubber for buses or lorries.

In 2022, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Pneumatic tyres new of rubber for buses or lorries are explained by 17 countries.

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Value of Exports in Pneumatic tyres new of rubber for buses or lorries

Net Trade

TOP NET EXPORTER (2022)China$8.79B
TOP NET IMPORTER (2022)United States$4.75B

This map shows which countries export or import more of Pneumatic tyres new of rubber for buses or lorries. Each country is colored based on the difference in exports and imports of Pneumatic tyres new of rubber for buses or lorries during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pneumatic tyres new of rubber for buses or lorries were China ($8.79B), Thailand ($3.27B), Japan ($1.2B), Vietnam ($990M), and Slovakia ($871M).

In 2022, the countries that had a largest trade value in imports than in exports of Pneumatic tyres new of rubber for buses or lorries were United States ($4.75B), Mexico ($1.59B), Australia ($670M), Saudi Arabia ($641M), and France ($562M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Pneumatic tyres new of rubber for buses or lorries.
It is possible to select the main countries that export or import Pneumatic tyres new of rubber for buses or lorries in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pneumatic tyres new of rubber for buses or lorries by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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