HS Code:
The category 'Having a rim diameter greater than 33.02 cm (13 inches) but not more than 35.56 cm (14 inches)' typically pertains to specific types of vehicle tires or wheel rims under the Harmonized System (HS) classification, likely falling under HS Code 4011 (new pneumatic tires) or 8708 (parts and accessories of motor vehicles). This category is crucial for the automotive industry, catering primarily to passenger vehicles and light trucks. Products in this range are widely used due to their compatibility with a broad spectrum of mid-size vehicles, making them a significant segment in global tire and wheel markets.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
25% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Rising demand for eco-friendly tires
Increased production of low-rolling-resistance tires in this size category to meet fuel efficiency standards, driving innovation and market growth.
2021-2022
Shift towards electric vehicles (EVs)
Growing need for specialized tires in this rim size range to support EV weight and performance requirements, boosting market adaptation.
2022
Supply chain disruptions
Global semiconductor shortages and raw material price volatility have led to production delays and increased costs for tire and rim manufacturers.
2021-2022
The United States renewed anti-dumping duties on Chinese tire imports in this category to protect domestic manufacturers from unfair pricing practices.
March 2023
Likely to increase costs for US consumers while benefiting domestic producers; may shift trade flows to other exporting countries like South Korea.
The European Union introduced stricter environmental regulations for tires, mandating lower rolling resistance and noise levels for products in this rim size range.
July 2022
Manufacturers are investing in R&D to comply, potentially increasing production costs but also opening opportunities for premium eco-friendly products.
A new bilateral agreement reduced tariffs on automotive parts, including tires and rims in this category, between Japan and South Korea.
January 2023
Expected to boost trade volumes between the two countries, enhancing market access and reducing costs for consumers in both regions.