BEIJING — Tire companies in China exported 47.3 million “new rubber tires” in July 2020, up 1.7{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} from the same month a year ago, official state figures show, but the total for the first seven months is down 17.5{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} from 2019.

This is the first time in 2020 that such figures registered a year-on-year increase, according to China’s General Administration of Customs agency.

The gain recorded for July trading is all the more noteworthy given that the segment had registered a 21.2{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} drop in the previous month.

The value of exports as presented in U.S. dollars shrank 6.6{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} in July, to $1.3 billion, but this represents a significant improvement from the 27.9{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} decline in export value noted in June.

Weight of these exports also climbed 2.5{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} from July 2019, to 600,000 metric tons, in contrast wth a 20.7{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} drop in June.

The agency’s report does not provide data by tire type.

Over the first seven months of 2020, the country’s tire exports dipped 17.5{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} from a year ago, to 244 million units. The seven-month export value fell by 22{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} to $6.8 billion; volumes in tonnage crashed 15.7{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} to 3.1 million tons.

Nevertheless, this shows at least three percentage points lower rates for year-on-year decline, compared with such rates a month ago.