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Export of rubber machinery rise in China

With worse performance in Chinese market in the first half year of 2015, rubber machinery industry in China realized export rise at the same time.

In the past six months, rubber machinery industry's export value increased 21.3% to 750 million yuan. The top 10 exporters are MESNAC, Yiyang Rubber Machinery, China Chemical Guilin Engineering, Beijing Jingye Mechanical Equipment, Dalian Rubber & Plastics Machine, Tianjin Saixiang Technology, Guangzhou SCUT Bestry Technology, Suzhou Huaao Tire Equipment, Guilin Rubber Machinery and Shaoxing Jingcheng Rubber & Plastics Machinery.

Amongst, Guilin Engineering, Beijing Jingye and SCUT realized over 90% of export growth.

In the first half year of 2015, industrial export took 13.6% of total sales, year-on-year raised 3.6 percent points compared to the same period of 2014.

With production capacity of China rubber machinery surging in recent years, domestic demand didn't grow as well. 

However, Chinese tire manufactures expanded investment overseas in recent years, which prompted China rubber machinery export blooming.

Meanwhile, Indian tire industry increased investment either, which brought a lot of chance for Chinese rubber machinery makers.

Tireworld