On March 19, the General Administration of Customs disclosed China’s tire export data for February 2024 and the first two months.
It is reported that due to the Spring Festival holiday in February, the total tire export volume (weight) decreased slightly year-on-year (the same below), while the export value maintained growth. In the first two months of this year, the cumulative export volume and export value of tires maintained a rapid growth trend, and the average export price increased.
In February
Data show that in February, China's rubber tire exports were 570,000 tons, a decrease of 1.0%; the export value was approximately 10.174 billion yuan, an increase of 1.7%.
Among them, new pneumatic rubber tire exports were 550,000 tons, down 2.3%; the export value was approximately 9.766 billion yuan, an increase of 0.5%; the average export price increased year-on-year.
Calculated in terms of number, 43.26 million new pneumatic rubber tires were exported in February, a significant increase of 10.5%.
The export volume of automobile tires in February was 480,600 tons, a decrease of 3.4%; the export value was 8.313 billion yuan, a slight decrease of 0.1%.
January to February
From January to February, China's rubber tire exports totaled 1.33 million tons, a significant increase of 9.7%; the export value was approximately 23.622 billion yuan, an increase of 10.3%.
Among them, the cumulative exports of new pneumatic rubber tires were 1.28 million tons, an increase of 8.9%; the export value was 22.655 billion yuan, an increase of 9.8%.
Calculated in terms of number, from January to February, China exported a total of approximately 99.65 million new pneumatic rubber tires, a significant increase of 16.2%.
In the first two months, the cumulative export of automobile tires was 1.1265 million tons, an increase of 8.0%; the export value was 19.242 billion yuan, an increase of 9.4%.
In addition, according to previous data, China's rubber tire export volume and export value will maintain double-digit growth in 2023. The cumulative exports throughout the year were 8.86 million tons, an increase of 16.0%; the export value was approximately 155.812 billion yuan, an increase of 18.7%.
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