Russian Tyre Exports Down 8.6% in 1H 2009

Russian tyre manufacturers appear to have been offering significant discounts in the first half of 2009 with unit export figures falling far slower than export values. The latest data compiled by the Russian Discovery Research Group Russian tyre shows exports totalled 3,259,440 in the first half of 2009, down from 3,566,469 in the first half of 2008 (-8.6 per cent). Passenger-car tyre exports fell 7.1 per cent in the period, with truck tyre exports down 14.9 per cent. However, exports of light truck tyres countered the trend by growing 40 per cent.