China's tire exports maintain rapid growth

On July 23, China Customs released import and export data for the first half of the year.


Tire World Network was informed that from January to June this year, China's tire export volume and export value have maintained a growth trend.


Single-month export volume hits 5 years


Data show that in June, China exported 46.10 million new pneumatic rubber tires, an increase of 15.7% year-on-year; the export value was 9.465 billion yuan, an increase of 18.0%.




It can be seen from the monthly chart that in the first half of this year, except for the February where the Spring Festival is held, the export volume of the remaining five months has maintained a year-on-year growth.


Since March, China's tire exports have increased by 4 months. Among them, the export volume in June reached 46.10 million, the highest in five years.




Under such circumstances, in the first half of this year, the cumulative export volume of China's tires reached 249 million, a year-on-year increase of 5.4%; the cumulative export value was 50.334 billion yuan, an increase of 8.3%.


Shandong tires perform outstandingly


According to the tire world network, Shandong tires occupy half of China's tire industry, and the country's tire exports continue to grow, which is inseparable from Shandong tires.


Data show that from January to June, Shandong's new rubber tire exports amounted to 30.35 billion yuan, a year-on-year increase of 13.4%.


In terms of export value alone, Shandong tires accounted for 60.30% of the country's total.


Among them, the tire export volume of Dongfei City, a major tire town in Shandong, was 10.1 billion yuan, a year-on-year increase of 9.5%.


A company CEO who has been engaged in tire export for a long time told Tire World. In the first half of this year, the overall performance of the tire export business was acceptable.


He analyzed that as trade barriers continue to increase, the first to be affected are small foreign trade companies. At present, domestic tire exports are doing well, and most of them are large companies.


The boss believes that the overall export situation of China's tires in the second half of the year is not easy to assert, and it depends on the big environment.


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