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New pneumatic tyres, of rubber

4011 (Harmonized System 1992 for 4-digit)

2022
World Trade $95.4BRnk 34 / 1218
2022
Top Exporter | Top Importer $19.6B | $19BChina | United States
2022
Product Complexity 0.26Rnk 475 / 1033
2021 - 2022
Export Growth (CAGR) 9.17%Rnk 437 / 1218
2022
Share of World Trade 0.4%Rnk 34 / 1218

About

Overview This page contains the latest trade data of Rubber Tires. In 2022, Rubber Tires were the world's 34th most traded product, with a total trade of $95.4B. Between 2021 and 2022 the exports of Rubber Tires grew by 9.17%, from $87.4B to $95.4B. Trade in Rubber Tires represent 0.4% of total world trade.

Rubber Tires are a part of Rubber & articles thereof. They include Pneumatic tyres new of rubber for motor cars, Pneumatic tyres new of rubber for buses or lorries, Pneumatic tyres new of rubber nes, Pneumatic tyres new of rubber nes, herring-bone tread, Pneumatic tyres new of rubber for motorcycles, Pneumatic tyres new of rubber for bicycles, and Pneumatic tyres new of rubber for aircraft.

Exports In 2022 the top exporters of Rubber Tires  were China ($19.6B), Thailand ($7.2B), Germany ($5.83B), Japan ($5.81B), and United States ($4.93B).

Imports In 2022 the top importers of Rubber Tires were United States ($19B), Germany ($7.38B), France ($4.51B), Mexico ($3.67B), and Canada ($3.26B).

Ranking Rubber Tires ranks 475th in the Product Complexity Index (PCI).

Description Pneumatic tires are used in a variety of vehicles, including cars, trucks, buses, and forklifts. They provide traction on a variety of surfaces, help reduce the chance of hydroplaning, and have a lower rolling resistance than solid rubber tires.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rubber Tires. 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$19.6B
Top Destination (2022)United States$19B

In 2022 Rubber Tires were the world's 34th most traded product (out of 1,218).

In 2022, the top exporters of Rubber Tires were China ($19.6B), Thailand ($7.2B), Germany ($5.83B), Japan ($5.81B), and United States ($4.93B).

In 2022, the top importers of Rubber Tires were United States ($19B), Germany ($7.38B), France ($4.51B), Mexico ($3.67B), and Canada ($3.26B).

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Exporters of Rubber Tires (2022)
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Importers of Rubber Tires (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.57B
Top Destination Growth (2021 -  2022)United States$2.89B

Between 2021 and 2022, the exports of Rubber Tires grew the fastest in China ($2.57B), Thailand ($647M), Japan ($615M), Vietnam ($594M), and United States ($548M).

Between 2021 and 2022, the fastest growing importers of Rubber Tires were United States ($2.89B), Mexico ($649M), Germany ($429M), Brazil ($343M), and France ($334M).

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Exporters of Rubber Tires (2021 - 2022)

Importers of Rubber Tires (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rubber Tires.

In 2022, market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Rubber Tires are explained by 25 countries.

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Value of Exports in Rubber Tires

Net Trade

TOP NET EXPORTER (2022)China$18.8B
TOP NET IMPORTER (2022)United States$14B

This map shows which countries export or import more of Rubber Tires. Each country is colored based on the difference in exports and imports of Rubber Tires during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Rubber Tires were China ($18.8B), Thailand ($6.73B), Japan ($4.53B), India ($2.99B), and South Korea ($2.51B).

In 2022, the countries that had a largest trade value in imports than in exports of Rubber Tires were United States ($14B), Australia ($2.57B), United Kingdom ($2.34B), France ($1.84B), and Mexico ($1.79B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Rubber Tires, disaggragated by their HS6 level were Pneumatic tyres new of rubber for... ($46.2B), Pneumatic tyres new of rubber for... ($30.4B), Pneumatic tyres new of rubber nes ($10.3B), Pneumatic tyres new of rubber nes,... ($4.09B), and Pneumatic tyres new of rubber for... ($2.23B)

HS6 Disaggregation for Rubber Tires (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Rubber Tires.
It is possible to select the main countries that export or import Rubber Tires in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rubber Tires by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $103M
TOP IMPORT POTENTIALChina+ $66.9M

Rubber Tires’s highest export potential is Germany. With an export gap of $103M.  Rubber Tires’s highest import potential is China with an import gap of $66.9M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Rubber Tires.

Country by Relatedness

The following visualization shows the relatedness of Rubber Tires to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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