China’s tyre export growth slowed in August
In the first eight months of 2022, China’s tyre exports are relatively strong. Especially in July, the export weight (unit: ton) and export value (unit: yuan) of new pneumatic rubber tyres increased by 35.1% and 50.5% year on year. (Photo: Qingdao Port)
On 18 September, China Customs announced national export data for August. During the month, China exported 48.23 million sets of new pneumatic rubber tyres, down 8.9 per cent year-on-year. The weight of these tyres was 650,000 tons, an increase of 2.7 per cent. The export value reached 11.4 billion yuan (about 1.4 billion pounds, 1.6 billion euros), an increase of 15.3 per cent.
S. Hermann & F. Richter; Pixabay
Michelin
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