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Who buys Vietnam’s new tires? Export destinations 2024

In 2024, Vietnam exported $3 billion of new tires (722 thousand tonnes), 3% of the world total. The United States bought 51% of the total, followed by Brazil (11%) and Mexico (4%). Vietnam was the world’s 9th-largest exporter of new tires.

Summary

Value
$3billion
Tonnes
722thousand tonnes
Share of world total
3%
World rank
9th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States1.5Tonnes: 330,585USD per tonne: $4,55350.5%Sea
Brazil0.33Tonnes: 114,038USD per tonne: $2,89911.1%Sea
Mexico0.11Tonnes: 22,098USD per tonne: $5,1863.9%Sea
Canada0.1Tonnes: 21,120USD per tonne: $4,6403.3%Sea
Germany0.07Tonnes: 17,232USD per tonne: $3,8642.2%Sea
Japan0.07Tonnes: 12,517USD per tonne: $5,2082.2%Sea
Poland0.06Tonnes: 19,979USD per tonne: $3,0822.1%Sea
United Kingdom0.06Tonnes: 18,849USD per tonne: $3,1582%Sea
Australia0.05Tonnes: 394USD per tonne: $13,0151.8%Sea
Egypt0.05Tonnes: 11,048USD per tonne: $4,4861.7%Sea
Spain0.05Tonnes: 15,551USD per tonne: $3,0321.6%Sea
South Africa0.03Tonnes: —USD per tonne: —1.1%Sea
Malaysia0.03Tonnes: 6,323USD per tonne: $5,1151.1%Sea
Italy0.03Tonnes: 9,245USD per tonne: $2,9610.92%Sea
Netherlands re-exports0.03Tonnes: 5,868USD per tonne: $4,4680.88%Sea
Indonesia0.02Tonnes: 7,931USD per tonne: $2,8910.77%Sea
Thailand0.02Tonnes: 6,119USD per tonne: $3,0150.62%Sea
France0.02Tonnes: 4,690USD per tonne: $3,4400.54%Sea
Saudi Arabia0.02Tonnes: 4,264USD per tonne: $3,6300.52%Sea
Ukraine0.02Tonnes: 5,158USD per tonne: $2,9650.51%Sea

Trend

Who it sells to

The United States has been its main destination since 2008

Value in USD billions. The five largest destinations in 2024.

  • United States 1.5
  • Brazil 0.33
  • Mexico 0.11
  • Canada 0.1
  • Germany 0.07

Source: CEPII BACI

Show the numbers
Partner19952024
United States< 0.011.5
Brazil00.33
Mexico00.11
Canada00.1
Germany< 0.010.07

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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