Overall, that dollar amount reflects an average upturn of 22.1% for all exporting countries from 5 years earlier in 2019 when rubber tires shipped were valued at $80.1 billion.
Year over year, the value of globally exported new rubber tires rose by 5.1% compared to $93 billion starting from 2022.
The 5 largest exporters of new rubber tires are mainland China, Thailand, Germany, Japan and the United States of America. Collectively, that powerful quintet of suppliers sold 46.4% of the total value for all new rubber tires exported during 2023.
Among continents, Asian countries were international sources for the highest dollar worth of new rubber tires exported during 2023. Shipments from Asia amounted to $48.5 billion or 49.6% of the worldwide total. Exporters in Europe shipped 38.1% of the worldwide total, while another 9.3% worth originated from North America.
Smaller percentages came from suppliers in Latin America (2.3%) excluding Mexico but including the Caribbean, Africa (0.6%) then Oceania (0.1%) mostly Australia and New Zealand.
For research purposes, the 4-digit Harmonized Tariff System code prefix for new pneumatic rubber tires is 4011.
Rubber Tires Exports by Country
Below are the 15 countries that exported the highest dollar value worth of new rubber tires during 2023.
- mainland China: US$21.3 billion (21.8% of exported new rubber tires)
- 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%)
By value, the listed 15 countries shipped almost three-quarters (74.4%) of globally exported new rubber tires in 2023.
Among the top exporters, the fastest-growing rubber tires exporters since 2022 were: Spain (up 29.7%), Romania (up 13.4%), mainland China (up 13.0%) and Vietnam (up 9.9%).
India (down -10.9% from 2022) and the Netherlands (down -1%) posted declines in their exported rubber tires sales.
Searchable List of Rubber Tires Exporting Countries in 2023
By value, the 100 key exporters in the following database supplied 99.99% of the overall new rubber tires shipped around the globe in 2023.
| Rank | Exporter | Rubber Tire Exports | 2022-3 |
|---|---|---|---|
| 1. | mainland China | $21,337,999,000 | +13% |
| 2. | Thailand | $6,957,579,000 | +4.9% |
| 3. | Germany | $6,319,296,000 | +6.8% |
| 4. | Japan | $5,548,071,000 | +1.7% |
| 5. | United States | $5,205,554,000 | +5.2% |
| 6. | Spain | $3,599,974,000 | +29.7% |
| 7. | South Korea | $3,247,714,000 | +1.1% |
| 8. | Poland | $2,921,628,000 | +1.8% |
| 9. | France | $2,759,522,000 | +4.5% |
| 10. | India | $2,661,368,000 | -10.9% |
| 11. | Czech Republic | $2,585,199,000 | +4.7% |
| 12. | Romania | $2,515,023,000 | +13.4% |
| 13. | Netherlands | $2,395,320,000 | -1% |
| 14. | Vietnam | $2,387,235,000 | +9.9% |
| 15. | Slovakia | $2,338,375,000 | +6.6% |
| 16. | Italy | $2,192,446,000 | +21.7% |
| 17. | Hungary | $2,174,682,000 | +5.1% |
| 18. | Mexico | $2,045,810,000 | +11.5% |
| 19. | Türkiye | $1,821,811,000 | -1.5% |
| 20. | Canada | $1,811,744,000 | +6.7% |
| 21. | Indonesia | $1,803,434,000 | -2.5% |
| 22. | Portugal | $1,581,251,000 | +15.6% |
| 23. | Belgium | $1,478,027,000 | +2.8% |
| 24. | Brazil | $1,144,434,000 | -15.8% |
| 25. | Serbia | $895,714,000 | -1.6% |
| 26. | Luxembourg | $798,294,000 | +15.6% |
| 27. | Taiwan | $680,741,000 | -20.4% |
| 28. | Slovenia | $632,418,000 | +16.7% |
| 29. | United Kingdom | $562,281,000 | +23.9% |
| 30. | Malaysia | $462,477,000 | +13.4% |
| 31. | Chile | $459,682,000 | +24.5% |
| 32. | Finland | $431,932,000 | -2.5% |
| 33. | Cambodia | $380,667,000 | +209.4% |
| 34. | Philippines | $282,883,000 | -5.3% |
| 35. | South Africa | $279,709,000 | -10.4% |
| 36. | Costa Rica | $260,233,000 | +12.6% |
| 37. | Sweden | $208,116,000 | -8.4% |
| 38. | Singapore | $175,530,000 | +13.9% |
| 39. | Russia | $170,110,000 | -77% |
| 40. | Sri Lanka | $158,903,000 | -6% |
| 41. | United Arab Emirates | $156,414,000 | -85.9% |
| 42. | Latvia | $147,535,000 | +9.2% |
| 43. | Austria | $144,720,000 | +19% |
| 44. | Panama | $138,239,000 | +5.1% |
| 45. | Lithuania | $122,109,000 | +36.3% |
| 46. | Egypt | $116,182,000 | -21% |
| 47. | Israel | $110,362,000 | -6.3% |
| 48. | Kazakhstan | $91,757,000 | +198.9% |
| 49. | Djibouti | $83,170,000 | +47.5% |
| 50. | Hong Kong | $75,352,000 | +24.3% |
| 51. | Australia | $75,017,000 | +4.3% |
| 52. | Pakistan | $65,589,000 | +63.4% |
| 53. | Colombia | $65,402,000 | -6.8% |
| 54. | Ecuador | $64,397,000 | -10.6% |
| 55. | Denmark | $64,361,000 | -8.4% |
| 56. | Croatia | $62,050,000 | +17.2% |
| 57. | Ireland | $58,471,000 | -15.6% |
| 58. | Peru | $51,678,000 | -23.6% |
| 59. | Estonia | $38,892,000 | +3.1% |
| 60. | Namibia | $38,634,000 | -22.6% |
| 61. | Lebanon | $26,751,000 | +1493% |
| 62. | Switzerland | $24,459,000 | +9.1% |
| 63. | Ukraine | $18,453,000 | +3.9% |
| 64. | Argentina | $17,003,000 | -31.4% |
| 65. | Mongolia | $15,355,000 | +97.4% |
| 66. | Greece | $15,346,000 | -4.9% |
| 67. | Oman | $14,985,000 | -16.5% |
| 68. | Armenia | $14,691,000 | +109.3% |
| 69. | Uganda | $14,313,000 | -2.2% |
| 70. | Belarus | $13,752,000 | -63.6% |
| 71. | Bahrain | $13,650,000 | +3.4% |
| 72. | Bulgaria | $13,150,000 | -8.8% |
| 73. | Algeria | $11,416,000 | -26.7% |
| 74. | Zambia | $10,881,000 | +23.4% |
| 75. | Ghana | $10,199,000 | +19.3% |
| 76. | Tunisia | $8,536,000 | +21.1% |
| 77. | Senegal | $7,767,000 | +36.4% |
| 78. | Norway | $7,430,000 | +0.3% |
| 79. | Iraq | $7,125,000 | -61.7% |
| 80. | Guatemala | $5,864,000 | +10% |
| 81. | Jordan | $5,267,000 | -9.9% |
| 82. | Saudi Arabia | $4,926,000 | -55% |
| 83. | Free Zones | $4,787,000 | -82.3% |
| 84. | Georgia | $3,523,000 | +16.1% |
| 85. | Turkmenistan | $3,309,000 | +372.7% |
| 86. | Iran | $1,647,000 | -92% |
| 87. | Bosnia/Herzegovina | $1,626,000 | -0.9% |
| 88. | Bangladesh | $1,572,000 | -33.8% |
| 89. | Kenya | $1,545,000 | +2% |
| 90. | Togo | $1,167,000 | +62.3% |
| 91. | Tanzania | $1,118,000 | -26.4% |
| 92. | New Zealand | $1,078,000 | -33.9% |
| 93. | Paraguay | $969,000 | -30.7% |
| 94. | Kyrgyzstan | $885,000 | -69.3% |
| 95. | Dominican Republic | $836,000 | +18.8% |
| 96. | Kuwait | $637,000 | -85.6% |
| 97. | Morocco | $569,000 | -38.5% |
| 98. | North Korea | $523,000 | +29.5% |
| 99. | Botswana | $445,000 | -29.5% |
| 100. | Ivory Coast | $409,000 | +45.6% |
Strongest growth from 2022 to 2023 belongs to suppliers in Lebanon (up 1,493%), Turkmenistan (up 372.7%), Cambodia (up 209.4%), Kazakhstan (up 198.9%) and Armenia (up 109.3%).
You can change the presentation order by clicking the triangle icon at the top of any of the columns above. An entry of 0% in the right-most column means that 2022 data was unavailable.
Countries Generating Highest Trade Surpluses from Rubber Tires
The following countries posted the highest positive net exports for new rubber tires during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s rubber tires exports and its import purchases for that same commodity.
- mainland China: US$20.4 billion (net export surplus up 13.5% since 2022)
- Thailand: $6.5 billion (up 4.6%)
- Japan: $4.2 billion (up 1.5%)
- India: $2.4 billion (down -13.6%)
- South Korea: $2.1 billion (down -3.1%)
- Vietnam: $1.9 billion (up 14.1%)
- Romania: $1.7 billion (up 17%)
- Czech Republic: $1.6 billion (up 7.8%)
- Hungary: $1.37 billion (up 8.9%)
- Spain: $1.35 billion (up 77.8%)
- Slovakia: $1.2 billion (down -0.7%)
- Poland: $1.1 billion (up 0.7%)
- Portugal: $1 billion (up 24.3%)
- Indonesia: $926.1 million (down -1.7%)
- Serbia: $751.8 million (down -0.6%)
The People’s Republic of China generated the highest surplus in the international trade of new rubber tires. In turn, this positive cashflow confirms mainland China’s strong competitive advantage for this specific product category.
Countries Causing Worst Trade Deficits from Rubber Tires
The following countries posted the highest negative net exports for new rubber tires during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s rubber tires import purchases and its exports for that same commodity.
- United States: -US$14.3 billion (net export deficit down -14.9% since 2022)
- United Kingdom: -$2.6 billion (up 1.6%)
- Australia: -$2.4 billion (down -4%)
- Mexico: -$2.2 billion (down -3%)
- Russia: -$2.1 billion (up 106.5%)
- France: -$2 billion (up 27.8%)
- Canada: -$1.6 billion (down -13.2%)
- Germany: -$1.5 billion (down -14.7%)
- Saudi Arabia: -$1.4 billion (down -10.4%)
- United Arab Emirates: -$1.3 billion (up 3,663%)
- Italy: -$962.1 million (down -15.9%)
- Sweden: -$811.4 million (down -11.7%)
- Switzerland: -$773.8 million (down -3.8%)
- Austria: -$691.8 million (down -0.7%)
- Netherlands: -$675.7 million (up 2.4%)
The United States of America incurred the highest deficit in the international trade of new rubber tires. In turn, this negative cashflow confirms America’s strong competitive disadvantage for this specific product category but also signals opportunities for rubber tires-supplying countries that help satisfy the powerful demand from American businesses and consumers.
Rubber Tires Exporting Companies
Rubber & Plastic News publishes an annual ranking of the world’s top tire makers. Below are the top 10 rubber tire companies. Shown within parenthesis is the country where the tire manufacturer is headquartered.
- Bridgestone Corp (Japan)
- Michelin (France)
- Goodyear Tire and Rubber Company (United States)
- Continental AG (Germany)
- Pirelli & C. SpA (Italy)
- Sumitomo Rubber Industries, Ltd (Japan)
- Hankook Tire Group (South Korea)
- Yokohama Rubber Company, Ltd (Japan)
- Cheng Shin Rubber Industry Co Ltd (Taiwan)
- Hangzhou Zhongce Rubber Co, Ltd (China)
Collectively, the above top 10 companies were responsible for two-thirds (67%) of global tire sales.
See also Natural Rubber Exports by Country, China’s Top Trading Partners, America’s Top Trading Partners and Car Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 10, 2024
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 10, 2024
International Trade Centre, Trade Map. Accessed on August 10, 2024
Investopedia, Net Exports Definition. Accessed on August 10, 2024
Rubber & Plastic News, Bridgestone retains ranking as world’s top tire maker (September 8, 2015). Accessed on August 10, 2024
Wikipedia, List of tire companies. Accessed on August 10, 2024