------------------------------------------------------------------

Nov 1, 2008

The General Administration of Customs: Chinese tires in the first half of 2008 marked decline in export growth

In the first half of 2008, China exported a total of 160,000,000 tires, the value of 3,940,000,000 U.S. dollars, year-on-year growth rate dropped 17.6 percent and 18.6 percent growth rate dropped significantly.

The General Administration of Customs on August 15, customs statistics show that in the first half of 2008, China exported a total of tires (new inflatable rubber tire) 160,000,000, the value of 3,940,000,000 U.S. dollars more than the same period in 2007 (with) increased 4.6% and 22.1%, respectively, the growth rate down 17.6 percentage points and 18.6 percentage points.

First, in the first half of 2008 China's exports of the main characteristics of tires

(A) in February, following after the June monthly exports fell again. Since the second half of 2007, subject to the export tax rebate rate cut tire, and other factors, Chinese tires in a single month export growth rate dropped significantly. In February 2008, China's tire exports 22,700,000, for many years the emergence of year-on-year decline for the first time, fell to 0.2 percent. On subsequent monthly export volume has gone up, an increase of stability in the 6-10%, to June, Chinese exports on a single tire 28,350,000, again fell, the decline amounted to 4.3%

(B) export processing trade dominated by general trade exports dropped significantly. In the first half of 2008, China's processing trade export hundreds of millions of tires in Article 1.3, an increase of 14.4 percent, accounting for the same period China's total exports of 79.9 percent; At the same time, general trade exports 31,700,000, down 21.6 percent.

(C) of the radial tire exports to increase. In the first half of 2008, China's export structure has been optimizing tire, which is relatively high technological content of the radial tire exports 70,000,000, an increase of 20.2 percent, accounting for the same period China's total tire exports 43.1 percent, the proportion in 2007 than the same period To increase 5.6 percentage points.

(D) of the United States, the European Union to occupy half of the total. In the first half of 2008, China to the United States, the European Union tire exports were 42,270,000 and 31,060,000, respectively, growth of 4.9 percent and 7.7 percent, according to the same period China's total tire exports 45.1 percent. In addition, exports to Africa 19,630,000, down 2.1 percent; exports to Latin America 23,170,000, an increase of 8.5 percent.

(E) exports are highly concentrated in the eastern provinces in coastal areas. In the first half of 2008, Shandong, Jiangsu, Guangdong, Zhejiang and Fujian over the tire in both exports 10,000,000, 130,000,000 Total exports, accounting for the same period in the country's total tire exports 80.1 percent. Of these, Shandong exported 37,460,000, an increase of 3.3 percent, accounting for 23.1 percent, continue to maintain the largest export status of the province; Jiangsu exported 30,090,000, an increase of 30.5 percent; Guangdong, Zhejiang and Fujian were exported 25,360,000, 20,070,000 and 1717 10,000 showed a slight growth.

Second, in the first half of 2008 Chinese tire exports of the main reasons for slow growth

On the one hand, as resources such as oil prices rise quickly, the major tire manufacturers of raw materials, such as natural rubber, synthetic rubber, carbon black and steel prices are high, coupled with the July 1, 2007 tires from the export tax rebate rate 13% to 5% of the rapid appreciation of the yuan increase, as well as national resources and environmental management, such as family influence, the tire industry profit margins squeezed by the Chinese tire in the international market, "low-cost, low price" advantage of the gradual loss of Tire exports significantly reduced power.

On the other hand, domestic exports of tires continued to enlarge the size of the tires in China has become the subject of trade barriers in international trade most frequently, the highest number of one of the industry, particularly in developing countries has become the main anti-dumping, involved in the case of goods from low-value-added Products to the proliferation of high value-added products, as well as technical barriers, the pressure of public opinion surveys and 337, and other means of trade protection after another, China's tire exports face escalating trade barriers, export environment is getting nervous.

Third, the current areas of concern

China's tire exports of the two largest markets, the European Union and the United States were to implement the "REACH legislation" and the security parameters FMVSS139 tire testing standards, further raising the threshold for access to the tires, and increase China's enterprises to promote their products in overseas markets more difficult. In addition, in recent years because of China's tire industry, the proportion of foreign investment have relaxed restrictions on foreign-funded enterprises in China's expansion has taken shape, Bridgestone, Hankook, Kumho and Jia Tong and other international giants of the occupation of the Chinese market Have shown strong interest. China and more than 600 local tire business as a result of a weak foundation, backward technology and the lack of funds, and other factors, both domestic and international markets will be squeezed, the prospects for the development of the industry cause for concern.

To this end: First, strengthen and guide the development of tire industry, to promote professional development, and further optimize the product mix, lower product homogenization caused by fierce competition; the second is to strengthen the tire industry investment and exports, continue to regulate Tire industry operating order, and to resolve trade barriers faced the risk; Third, give full play to the coordinating role of industry organizations to strengthen the domestic market environment, enhance their ability to deal with trade barriers.

No comments: