China’s tyre exports volume fell for three consecutive months

On 18 November, China Customs announced the export data for October. In October, China exported 41.19 million new pneumatic rubber tyres, down 16 per cent year-on-year. The weight of these tyres was 600,000 tons, down 1.5 per cent. During the same period, the total value of China’s tyre exports was 10.4 billion yuan (about £1.2 billion; 1.4 billion euros), an increase of 10.5 per cent.