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China tire export dives by 9% in Feb.

Statistics showed that China exported 30,050,000 units of new pneumatic tyre in February, yearly slowing down 9%, and export value yearly slowed down by 6.3% to 5.34 billion yuan.

Following is Trends of China new pneumatic tyre export by months (Unit: 10,000 units):

The following is Trends of China new pneumatic tyre export value by months (Unit: 10,000 units)

China exported 64,670,000 units of new pneumatic tyre in the first two months of this year, yearly decreasing 12%, and export valure yearly decreasing 11.8% to 11.436 billion yuan.

Journalist from Tireworld said that most tire companies held pessimistic attitude on tire export, with anti-dumping and anti-subsidy investigation from U.S.A undergoing.

A sale from a Shandong tire company said that since investigation starting, customers were hestitating to purchase truck tires from China.

As China's biggest tire export destination, U.S.A maket couldn't be replaced by other market until now. Whether the duties on truck tire could be collected, it will be a big bomb in China's tire export.

Tireworld