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401180 (Harmonized System 2017 for 6-digit)

2023
World Trade $8.95BRnk 423 / 5380
2023
Top Exporter | Top Importer $2.22B | $962MJapan | Australia
2023
Product Complexity -0.26Rnk 3371 / 5381
2022 - 2023
Export Growth (CAGR) 5.24%Rnk 1259 / 5380
2023
Share of World Trade 0.039%Rnk 423 / 5380

About

Overview This page contains the latest trade data of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines. In 2023, Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were the world's 423rd most traded product, with a total trade of $8.95B. Between 2022 and 2023 the exports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines grew by 5.24%, from $8.5B to $8.95B. Trade in Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines represent 0.039% of total world trade.

Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines are a part of New pneumatic tyres, of rubber.

Exports In 2023 the top exporters of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines  were Japan ($2.22B), China ($1.99B), United States ($1.46B), India ($569M), and Spain ($542M).

Imports In 2023 the top importers of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were Australia ($962M), Russia ($863M), United States ($849M), Canada ($486M), and Chile ($458M).

Ranking Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines ranks 3371st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines. 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 (2023)Japan$2.22B
Top Destination (2023)Australia$962M

In 2023 Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were the world's 423rd most traded product (out of 5,380).

In 2023, the top exporters of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were Japan ($2.22B), China ($1.99B), United States ($1.46B), India ($569M), and Spain ($542M).

In 2023, the top importers of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were Australia ($962M), Russia ($863M), United States ($849M), Canada ($486M), and Chile ($458M).

Explore Visualizations

Exporters of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines (2023)
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Importers of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$461M
Top Destination Growth (2022 -  2023)Russia$348M

Between 2022 and 2023, the exports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines grew the fastest in China ($461M), Spain ($75.5M), United States ($60.9M), Kazakhstan ($49.1M), and Vietnam ($39.1M).

Between 2022 and 2023, the fastest growing importers of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were Russia ($348M), Uzbekistan ($117M), India ($57.2M), Kazakhstan ($40.6M), and Chile ($40.1M).

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Exporters of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines (2022 - 2023)

Importers of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines.

In 2023, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines are explained by 11 countries.

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Value of Exports in Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines

Net Trade

TOP NET EXPORTER (2023)Japan$2.15B
TOP NET IMPORTER (2023)Australia$925M

This map shows which countries export or import more of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines. Each country is colored based on the difference in exports and imports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were Japan ($2.15B), China ($1.8B), United States ($613M), Spain ($481M), and India ($360M).

In 2023, the countries that had a largest trade value in imports than in exports of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines were Australia ($925M), Russia ($860M), Chile ($440M), Canada ($432M), and Indonesia ($416M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines.
It is possible to select the main countries that export or import Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rubber; new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines 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 (2023)

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