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Pakistan Enters Top 10 Global Tyre Exporters Market Ranking

Pakistan Enters Top 10 Global Tyre Exporters Market Ranking

Pakistan tyre exports have reached a major milestone as the country has entered the list of the world’s top 10 exporters of truck and bus radial (TBR) tyres. The development highlights steady growth in Pakistan’s manufacturing sector and its expanding presence in global trade markets, including the United States and Brazil.

According to industry reports, Pakistan’s tyre industry has seen rapid export growth over the past few years. Strong demand from international markets has helped local manufacturers scale production and improve competitiveness. The United States and Brazil have emerged as key destinations for Pakistani-made tyres.

A major driver of this growth is the expansion of local manufacturing capacity, especially in the truck and bus radial tyre segment. Companies like Service Long March have played a central role in increasing exports by adopting advanced production technology and improving efficiency.

The company, which began operations in 2022, has quickly expanded its footprint across multiple regions. It is now exporting a significant share of its production to markets including the US, Brazil, South Africa, and Egypt.

Industry sources indicate that nearly 40 percent of its TBR tyre output is now directed toward exports.

Pakistan’s domestic tyre market has also expanded alongside exports. Annual demand for truck and bus tyres has reached around 1.7 million units, while passenger car tyre demand stands near 7 million units. Previously, a large portion of this demand was met through imports.

However, local production is gradually replacing imported tyres, helping reduce pressure on foreign exchange reserves. This shift is also strengthening Pakistan’s industrial base and supporting long-term manufacturing growth.

The company currently produces about 1.6 million TBR tyres annually. Expansion plans aim to raise production capacity to 2 million units by July 2026 and 2.2 million units by mid-2027. With a strong share in the local market, it continues to influence both domestic supply and export growth.

Industry experts say rising exports and improved production capacity are reshaping the sector. They believe Pakistan’s growing presence in global tyre markets could help boost foreign exchange earnings and strengthen industrial competitiveness.

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