China exported 3.3 million tons of tires for trucks and passenger vehicles in 2016, up 5.9 percent from 2015, statistics from China Customs showed.
Among that, the export to the United States reduced 8.44 percent year on year to 547,380 tons.
Market insiders said the decline was related to the anti-dumping and anti-subsidy investigations carried out by the U.S. government.
Nevertheless, the U.S. remained the largest export destination for Chinese tires, consuming about 16.5 percent of all the tires China exported in 2016.
A few countries from the Southeast Asia, the Middle East and Africa contributed a bigger share in China’s tire export.
Among the top 10 destinations of China’s tire export, import by India, the Philippines and Pakistan grew 34 percent, 20.2 percent and 17.1 percent, respectively, year on year in 2016.
In May 2016, the Indian government announced to launch an anti-dumping investigation on Chinese radial tires, under the proposal of the Automotive Tyre Manufacturers’ Association of India.
The association said Chinese tires were cheaper because the Chinese government provided direct or indirect subsidies to the tire exporters.
Chinese tire exporters should avoid competing by low balling, which could make other countries doubt the legitimacy of our price, an unnamed director of export business in a tire firm told tireworld.com.cn.
