China remains US’ largest trading partner for tire sector

17 April 2019 | Source from European Rubber Journal

Washington — Despite measurably lower exports of passenger and light truck tires to the US in 2018, China was the US’ largest trading partner in the tire sector for a second straight year.

Overall, the value of imports into the US of tires of all kinds last year increased 7.8% over 2017 to $14.8 billion (€13.1 billion), while the value of exports jumped nearly 28% to $5.23 billion, according to US Department of Commerce data.

To read more, please visit https://www.european-rubber-journal.com/2019/04/16/china-remains-us-largest-trading-partner-tire-sector/.

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