China remains US’ largest trading partner for tire sector
Date:2019/04/17 Author: - 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.
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