News from Notch Consulting, Inc.

December 22, 2009

Chinese Tire Imports into US Plunge in October

Filed under: General, Tires — Notch @ 12:38 am

R&P News (subscription required) is reporting that Chinese passenger tire imports into the U.S. fell by more than 50 percent in October from September following the Sept. 26 imposition of higher duties, according to recently released trade data. The U.S. raised duties on Chinese consumer tires to 39 percent from 4 percent Sept. 26 in response to a trade action brought earlier in the year by the United Steelworkers union. The additional duties fall to 30 and 25 percent in the second and third years of the period under scrutiny.

For comparison purposes, I have provided the year-to-date figures from the US ITC below.

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Chinese Tire Imports into the United States by Month, 2009

Codes: 40111010 and 40112010

Passenger Tires
000 units
Jan Feb Mar April May June
Total 6546 6182 7808 8005 8159 8776
% China 41.8% 34.1% 40.5% 44.1% 43.4% 37.9%
China 2735 2107 3160 3527 3540 3323
Truck Tires
000 units
Total 1694 1519 1879 1763 1841 1853
% China 38.8% 22.6% 30.1% 32.2% 36.2% 37.3%
China 657 344 566 568 666 692

Passenger Tires
000 units
July Aug Sept Oct
Total 9544 9649 9671 7181
% China 43.0% 46.6% 45.1% 22.1%
China 4108 4496 4364 1588
Truck Tires
000 units
Total 1771 2191 2278 2121
% China 41.8% 38.3% 34.1% 19.7%
China 740 840 776 417

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