Shandong tire exports increased by 55.3% in the first half

Since the beginning of this year, the continuous high price of natural rubber and the increase in production costs have not affected the export of tire enterprises in Shandong Province. According to the 25th data from the Shandong Provincial Department of Commerce, from January to June, the tire export of the whole province was US$3.11 billion, a year-on-year increase of 55.3. %.

In the first half of the year, a total of nine tire manufacturers in Shandong Province exported over billions of dollars and exported a total of 1.82 billion U.S. dollars. Brand strategy has become the core strategy for Shandong Tire to expand its overseas markets. Shengtai Group, Jinyu Group, Xingyuan Group, and Wanda Baotong Tire have entered the seventy-five tire industry in the world.

However, the foreign trade situation in the second half of the year may not be optimistic. This month, the Ministry of Commerce issued an early warning that Argentina will take anti-dumping measures against China's tires and impose anti-dumping duties of 10% to 23% on all types of tires.