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January 28, 2021 02:53 PM

China's tire exports drop in December

European Rubber Journal Report
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    BEIJING—China's tire exports declined in December, the country's first registered decrease since August.

    China exported 45 million units of new rubber tires in December 2020, down 0.2 percent from the same month a year ago, official state figures show.

    The value of exports as presented in U.S. dollars contracted 4 percent, to $1.2 billion, according to China's General Administration of Customs.

    Weight of these exports in December also fell 1.5 percent year-on-year, to 530,000 tons.

    For full year 2020, China's tire exports shrank by 5 percent from 2019, to 477 million units. Annual export value declined 10 percent, to $13 billion; annual export volumes in tonnage fell by 3 percent to 6 million tons.

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