Pakistan tyre exports gain global traction

News Image

MG News | May 14, 2026 at 03:43 PM GMT+05:00

May 13, 2026 (MLN): Pakistan has emerged among the top 10 exporters of truck and bus radial (TBR) tyres to key global markets including the United States and Brazil, marking a significant shift in the country’s industrial and export landscape.

Industry data indicates that Pakistani tyre exports have gained traction in recent years, with the United States and Brazil now among the largest destinations.

At the centre of this momentum is Service Long March Tyres Limited (SLM), the country’s largest tyre manufacturer and exporter, which has rapidly expanded its international footprint since commencing operations in 2022.

The company has recorded strong export growth across the United States, Brazil, as well as emerging markets such as South Africa and Egypt.

The export push has been supported by compliance with stringent international standards, including certifications required for entry into regulated markets such as the US and Brazil, where quality and performance benchmarks remain critical for market access.

Service Long March Tyres (SLM) is leveraging state-of-the-art Chinese technology to maintain one of the lowest production cost structures among tyre manufacturers in Pakistan, providing the company a strong competitive advantage in international markets and enabling it to export nearly 40% of its truck and bus radial (TBR) tyre production.

Domestically, Pakistan’s tyre market continues to present significant scale. Annual demand is estimated at around 1.7 million units in the truck and bus segment, alongside approximately 7m units for passenger vehicles.

Historically, a large portion of this demand was met through imports, but local manufacturing is increasingly replacing imported volumes.

SLM currently produces approximately 1.6m TBR tyres annually and plans to expand capacity to 2m units by July 2026 and 2.2m units by June 2027.

The company holds an estimated 58% share in the domestic TBR segment, positioning it as a key player in Pakistan’s import substitution efforts and foreign exchange savings.

The company’s manufacturing facility in the Nooriabad Special Economic Zone provides logistical and cost advantages, supporting both domestic distribution and export competitiveness.

Industry analysts note that the combination of rising exports, capacity expansion, and import substitution is gradually repositioning Pakistan’s tyre sector as a potential contributor to foreign exchange earnings.

With further planned expansion into passenger car tyre manufacturing, alongside continued growth in commercial tyre output, Pakistan’s tyre industry is expected to strengthen its presence in global markets, showing a broader shift toward export-led industrial growth.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,330.56
209.36M
0.81%
1376.85
ALLSHR 102,776.00
765.10M
0.85%
863.00
KSE30 50,737.15
66.77M
0.77%
386.66
KMI30 243,202.84
63.94M
0.72%
1744.16
KMIALLSHR 66,614.20
338.53M
0.70%
461.96
BKTi 46,313.18
13.24M
1.10%
505.34
OGTi 35,066.80
5.64M
0.45%
158.54
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,750.00 62,095.00
61,520.00
-420.00
-0.68%
BRENT CRUDE 92.45 93.26
91.66
1.00
1.09%
RICHARDS BAY COAL MONTHLY 123.75 124.00
123.75
-1.25
-1.00%
ROTTERDAM COAL MONTHLY 133.20 133.40
133.00
-3.55
-2.60%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 89.07 90.00
88.28
0.87
0.99%
SUGAR #11 WORLD 14.14 14.23
13.97
0.02
0.14%

Chart of the Day


Latest News
June 09, 2026 at 07:00 PM GMT+05:00

Pakistan, Russia deepen strategic partnership


June 09, 2026 at 06:19 PM GMT+05:00

AI reshapes online shopping in UAE: Visa


June 09, 2026 at 06:05 PM GMT+05:00

Apple introduces smarter Siri with AI


June 09, 2026 at 05:33 PM GMT+05:00

Samsung integrates AI across operations



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg