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Dongying tire export increases sharply in Jan.-Oct.

Dongying city of Shandong province saw tire exports of 14.7 billion yuan in January-October, up 13.3 percent from the same period of 2016.

Tire exports accounted for about 54 percent of the total exports of Dongying city during January-October.

Shandong Changfeng Tire, Shandong Xingyuan International Trade and Shandong Jinyu were the top three tire exporters, with export value of 3.07 billion yuan, 1.879 billion yuan and 1.286 billion yuan, respectively, during the period.

The three companies accounted for about 23 percent of the export value of Dongying in the first 10 months.

Dongying city saw tire export value of 1.46 billion yuan in October alone.

Tireworld