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Chinese Tire Exports Surged in July!

Aug 23, 2022

Chinese tire exports surged in July!


"China Rubber" magazine learned,in July, Chinese tire exports continued to play the role of the main engine of the industry, and the export volume surged year-on-year; tire export prices still maintained an upward trend.


Current period in July


Data show that in July this year, China's total export of rubber tires was 760,000 tons, an increase of 100,000 tons from the previous month, and a year-on-year increase of 34.4%; the export value was 13.406 billion yuan, an increase of 1.784 billion yuan from the previous month, a year-on-year increase of 49.4%.


Among them, the export volume of new pneumatic rubber tires was 730,000 tons, an increase of 100,000 tons from the previous month and a year-on-year increase of 35.1%; the export value was 12.829 billion yuan, a year-on-year increase of 50.5%.


Calculated by the number of pieces, the export volume of new pneumatic rubber tires in July was 54.37 million, an increase of 5.69 million from the previous month and a year-on-year increase of 15.1%.


January to July 2022


From January to July, the cumulative export volume of China's rubber tires was 4.53 million tons, an increase of 10.9% year-on-year (the same below), an increase of 3.7 percentage points compared with the previous 6 months; the export value was 75.914 billion yuan, an increase of 22%, compared with the previous 6. Monthly increase of 4.6 percentage points.


This means that while the export volume of tires increased significantly in July, the export price still maintained an upward trend.


In the first seven months of this year, the cumulative export of new pneumatic rubber tires was 4.36 million tons, an increase of 11.5%; the export value was 72.634 billion yuan, an increase of 22.6%.


Calculated by the number of pieces, a total of 335.28 million new pneumatic rubber tires were exported from January to July, a slight increase of 0.6%.


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