China’s auto exports are second in the world!

As the world’s largest automobile consumer market, China’s automobile manufacturing industry has also developed rapidly in recent years. Not only are more and more independent brands rising, but also many foreign brands choose to build factories in China and sell “Made in China” overseas.In addition, with the rise of China’s own brand products, more and more cars have begun to attract the attention and favor of foreign users, which has further boosted the export business of Chinese cars. From January to July this year, China’s auto exports reached 1.509 million units, a year-on-year increase of 50.6%, surpassing Germany and second only to Japan, ranking second in global auto exports.

Chinese cars

In fact, last year, China’s annual cumulative export volume exceeded 2 million for the first time, ranking behind Japan with 3.82 million vehicles, and Germany with 2.3 million vehicles, surpassing South Korea with 1.52 million vehicles and becoming the world’s third largest car in 2021. export country.

In 2022, China’s auto exports will continue to grow. From January to June this year, China’s total auto exports were 1.218 million, a year-on-year increase of 47.1%. The growth rate is very alarming. In the same period from January to June this year, Japan’s automobile exports were 1.7326 million vehicles, a year-on-year decrease of 14.3%, but still ranked first in the world. According to the latest data, China’s cumulative export volume of automobiles from January to July has reached 1.509 million units, which still maintains an accelerated upward trend.

In the first half of this year, among the top 10 countries that received China’s exports of automobiles, Chile came from South America, which imported 115,000 automobiles from China. Followed by Mexico and Saudi Arabia, the import volume also exceeded 90,000 units. Among the top 10 countries in terms of import volume, there are even relatively developed countries such as Belgium, the United Kingdom, and Australia.

Changan Cars

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Post time: Sep-28-2022

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