In the first eight months of this year, rubber tire exports in Dongying, Shandong province, totaled 10.49 billion yuan, down 5.9% year on year.
Among the leading exporters, the exports of Shandong Xingyuan International Trade Co., Ltd. grew 10.1% year on year to 1.08 billion yuan; and those of Shandong Jinyu Industrial Co., Ltd. rose 22.5% to 1.00 billion yuan.
The two were the top two tire exporters in Dongying in the first eight months.
Before that, the top two tire exporters in Dongying had been Shandong Xingyuan International Trade and Shandong Wanda Boto Tyre Co., Ltd.. In Aug., the exports of Jinyu Industrial overtook Wandan Boto and became the second largest exporter.
In August, the tire exports in Dongying totaled 1.54 billion yuan, keeping unchanged from the same period of last year.
Dongying is of the tire clusters in China with the rubber radial tire capacity accounting for around 20% of the country’s total. In the first eight months, tire export took up 45.4% of Dongying’s total volume export trade.