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A 265/75/16 (same as a 265/70/17) is pretty close to a 31/10.5. Its a little bit larger but thats the closest metric equivalent tire you'll find. As I recall it works out to a 31.5/10.8 if you do the math. If you want a 33/12.5 you're looking at a 305/70/16.
Since tire manufacturers always round tire sizes up to the next whole number, a 265/70-17 would essentially be a 32x10.50-17. So a 33x12.50-17 will be approximately 1 inch taller and 2 inches wider than a 265/70-17.