According to statistics from Qingdao Customs, in the first 8 months of this year, Shandong Port exported 130 million new inflatable rubber tires (hereinafter referred to as “ tires ”), which was 7.8% lower than the same period of last year; the value was 32.08 billion yuan, down 17.5%. The average export price was 239.4 yuan each, down 10.5%. In August, exports of tires were 17.68 million, a decrease of 10.9%, a value of 4.14 billion yuan, a decrease of 22.6%, and an average export price of 233.9 yuan each, down 13.1%.

The main features of the tire export of Shandong Port in August this year

In January and August, the export volume continued to decline, and the average export price was low. Since the beginning of this year, the export volume of Shandong Port's monthly exports has fluctuate greatly. In August, the export volume decreased by 4.6% from the previous month, and has decreased for the second consecutive month year-on-year and month-on-month. During the same period, the monthly average export price continued to decline, falling for consecutive 40 months, and the average export price in August dropped by 0.8% month-on-month.

Second, the export mode of processing trade is the main export method, and the export of general trade mode has increased substantially. In August, Shandong Port exported 14.06 million tires through processing trade, a decrease of 17%, accounting for 79.5% of the total export volume of tires at the Shandong Port at the same time (the same below); and exported 34.48 million in general trade, an increase of 29.6%, accounting for 19.5. %.

Third, private enterprises are the main exporters. In August, privately-owned enterprises exported 13.08 million tires from the Shandong port, a decrease of 8%, accounting for 74%; foreign-invested enterprises exported 2.973 million, a decrease of 18.2%, accounting for 16.8%. In addition, state-owned enterprises exported 1.632 million, a decrease of 18.8%.

Fourth, the EU and the United States listed the top two export markets. In August, the Shandong port exported 4.374 million tires to the European Union, an increase of 10.1%; and exported 2.020 million to the United States, a significant decrease of 51.6%; both combined accounted for 36.1%. During the same period, exports to ASEAN were 849,000, an increase of 8.5%.

5. Motorized passenger car tires are the major export products. In August, Shandong Port exported 10.19 million motorized passenger car tires, a decrease of 8.2%, accounting for 57.6%; and exported 4.474 million passenger car or truck tires, a decrease of 11.2%, accounting for 25.3%.

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