China's tire export to U.S. plunges 40%
China exported 339 million units of tires in the first nine months, year-on-year decreasing 5.9%, and export in September yearly declined 6.4% to 36.36 million units.
China's tire export has been gradually sliding down since June 2015. Except February and June, China's tire export posted negative growth in the past nine months.
Especially in September, China's tire export to U.S. nosedived 40%, created the largest decline this year, and export slided down 26% during January to Spetember in 2015.
Affected by gloomy economy, China's tire export to Brazil declined 18% this year. China's tire export to Russian in the first three quarters dropped 46% compared to the same period of last year.
The good news is that export to Middle East Countries and other developing countires keeps growing this year.
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