Trends in Import / Export

The export volume of automobile tyres decreased by 7.5% from the previous year to 38.01 million tyres in 2023, which was an decrease for two consecutive years. The export volume of all categories decreased from the previous year, as passenger car tyres, light truck tyres, and truck & bus tyres decreased by 3.6%, 11.5%, and 22.1%, respectively.

The export volume of automobile tyres in 2023 decreased by 8.8% from the previous year to 38.79 million tyres, however, it increased on a value basis by 8.6% from the previous year to 757.1 billion yen. The total of product weight for export decreased by 8.2% from the previous year to 1.04 million tons.

By region (on a quantity basis) apart from North America, the export volume for the other regions decreased, and for world wide resulted in a decrease from the previous year as well.

The import volume of automobile tyres in 2023 increased by 6.7% from the previous year to 30.56 million tyres on a quantity basis, and increased on a value basis by 10.3% from the previous year to 177.6 billion yen. Product weight total of import increased by 3.7% from the previous year to 0.29 million tons.

By region (on a quantity basis), import volume from Asia increased which account for more than 90% of the total and the total volume also increased from the previous year as well.