China tire export declined in March

China's tire export obviously declined in March, statistics from China Customs.

It showed that China exported 36,530,000 units of pneumatic tires in March, year-on-year reducing 10.8%, with 7.981 billion yuan of production value, yearly down by 0.8%.

In the first three months, China exported 112,190,000 units of pneumatic tires in all, with 22.563 billion yuan of production value, yearly up 10.1%.

With raw materials price soaring, China's tire price also rose in March 3. But trade war and price competition also limited China's export.