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25-09-2024
In 2023, global rubber tire exports of new rubber tires reached a total of US$97.8 billion. This figure represents a notable 22.1% increase from 2019, when rubber tire exports were valued at $80.1 billion. Compared to the previous year, the value of rubber tire exports grew by 5.1%, rising from $93 billion in 2022.
The five leading exporters of new rubber tires—mainland China, Thailand, Germany, Japan, and the United States—accounted for 46.4% of global rubber tire exports in 2023.
Asian nations led the way in terms of export value, contributing $48.5 billion, or 49.6%, of the worldwide rubber tire exports total. Europe followed with 38.1%, while North America accounted for 9.3% of rubber tire exports. Latin America, Africa, and Oceania contributed smaller shares, with 2.3%, 0.6%, and 0.1%, respectively.
The Harmonized Tariff System code for new pneumatic rubber tires is 4011, useful for research purposes related to rubber tire exports.
Top Rubber Tire Exporting Countries in 2023
Here are the top 15 countries by export value for new rubber tire exports:
· Mainland China: US$21.3 billion (21.8% of global rubber tire exports)
· Thailand: $7 billion (7.1%)
· Germany: $6.3 billion (6.5%)
· Japan: $5.5 billion (5.7%)
· United States: $5.2 billion (5.3%)
· Spain: $3.6 billion (3.7%)
· South Korea: $3.2 billion (3.3%)
· Poland: $2.92 billion (3%)
· France: $2.76 billion (2.8%)
· India: $2.66 billion (2.7%)
· Czech Republic: $2.59 billion (2.6%)
· Romania: $2.52 billion (2.6%)
· Netherlands: $2.4 billion (2.5%)
· Vietnam: $2.39 billion (2.4%)
· Slovakia: $2.34 billion (2.4%)
These 15 countries collectively represented 74.4% of global rubber tire exports in 2023. Among them, Spain (up 29.7%), Romania (up 13.4%), mainland China (up 13.0%), and Vietnam (up 9.9%) showed the fastest growth in rubber tire exports. Conversely, India saw a 10.9% decline, and the Netherlands experienced a slight drop of 1%.
Leading Rubber Tire Exporting Companies in 2023
According to Tendata Shipment Data, the following are the top 10 companies involved in rubber tire exports:
1. Sailun Việt Nam: 34.82%, $221.18 million
2. Jinyu Việt Nam Tire: 22.09%, $140.3 million
3. Bridgestone Việt Nam: 14.99%, $95.19 million
4. ACTR: 9.07%, $57.59 million
5. Camso Việt Nam: 6.47%, $41.11 million
6. Southern Rubber Industry: 6.4%, $40.67 million
7. Advance Việt Nam: 1.52%, $9.64 million
8. Thời Ích Rubber: 0.87%, $5.5 million
9. Hoa Sen Vàng: 0.57%, $3.62 million
10. Nguyễn Đỉnh Rubber: 0.46%, $2.91 million
These companies are key players in the global rubber tire exports market, significantly contributing to the international trade of rubber tires.
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