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Dongying Tire Export Value Grows M-o-M in Nov.

The rubber tire export value from Dongying, Shandong province, totaled 14.34 billion yuan in Jan.-Nov., down 4.2% year on year.

Tire exported by Shandong Xingyuan International Trade Co., Ltd. valued at 1.54 billion yuan, and that by Shandong Wanda Boto Tire Co., Ltd. valued at 1.38 billion yuan during the reporting period.

In Nov., tires exported from Dongying amounted to 1.36 billion yuan, up 247 million yuan from Oct.

Dongying is one of China's major tire producers and its rubber radial tire capacity accounts for around 20% of the country's total. Tire export takes up more than one half of the city's overall trade value.

Tireworld