Statistics show that in the first 11 months of 2016, China’s output of rubber cover tires grew 7.6% year on year to 860 million.
According to figures released by the customs, during the same period, China exported 427.85 million new inflated rubber tires, up 5.9%.
The Chart below shows the outputs and growths of China’s rubber cover tires in Jan.-Nov. 2016.
The output of China’s rubber cover tires maintained stable growth since 2010 and exceeded 900 million in 2015.
At the same time, the growth rate of China’s rubber cover tire output started to decline since 2015, and resumed the growing momentum in 2016.
In addition, the output and output growth of China’s rubber cover tires both reached five-year highs.