On November 18, the General Administration of Customs released the tire export data for October 2024.
According to Tire World Network, China's tire exports showed significant growth in October, both year-on-year and month-on-month.
The data reveals that in October, the total export volume of rubber tires from China reached 800,000 tons, a year-on-year increase of 12.4%. This was an increase of 50,000 tons compared to September.
The export value was approximately 13.849 billion yuan, a year-on-year increase of 11.5%.
Of this, the export volume of new pneumatic rubber tires was 770,000 tons, an increase of 11.9% compared to the same period last year, with an export value of about 13.338 billion yuan, up 11.3%.
In terms of units, China exported 56.36 million new pneumatic rubber tires in October, which represents a year-on-year increase of 15.5%.
From January to October, China's total rubber tire exports reached 7.74 million tons, an increase of 5.2% year-on-year, with an export value of about 136.373 billion yuan, a rise of 5.5%.
Of these, the cumulative export volume of new pneumatic rubber tires was 7.47 million tons, up 4.9% year-on-year, with an export value of 131.352 billion yuan, a 5.4% increase.
In terms of units, during the first ten months of the year, China exported a total of 563.95 million new pneumatic rubber tires, an increase of 10.4% compared to the same period last year.
