According to UK trade statistics, approximately £3 million worth of tyres is exported annually to other EU countries, including many in Eastern Europe, while just under £1.5 million worth are exported to non-EU countries, mainly India. It is worth remembering that these statistics have been shown to be underestimated by HMRC when compared to actual exports through one single company.
Restrictions Expected for UK Tyre Exporters
Peter Taylor explained that despite the export market being an important recovery route, the market needs to be better prepared for potential changes.
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