Statistics released by Shandong commercial authority show that the export delivery value of inflated rubber tires from the province totaled 47.6 billion yuan in 2016, up 4.6%.
In addition, the province’s import delivery value of natural rubber (latex included) dropped 23.9% to 9.71 billion yuan, while that of synthetic rubber (latex included) grew 62.3% to 8.34 billion yuan.
Rubber tire export from the Dongying city of Shandong province lessened 3.6% to 15.70 billion yuan.
Shandong Xingyuan International Trade Co., Ltd. and Shandong Wanda Boto Tire Co., Ltd. ranked the second and the third in terms of export delivery value, which were 1.72 billion yuan and 1.52 billion yuan, respectively.
Furthermore, Dongying imported natural rubber of 1.69 billion yuan and 961 million yuan, down 28.2% year on year; while its import of synthetic rubber rose 64.2% to 961 million yuan.
