China's Automobile Products Import and Export Volume In 2020: 151.4 Billion US Dollars

On the 27th , according to data released by the General Administration of Customs, China Association of Automobile Manufacturers analyzed, in December 2020, compared with last month, the import amount of automobile goods increased slightly, while the export amount decreased slightly; Compared with the same period of the 2019, both the import and export value of auto goods have increased rapidly. For the whole year of 2020, the decline in the total import and export of auto goods continued to narrow compared to January-November 1999.

In December, the total import and export volume of automobile products was US $16.94 billion, up 4.0% month on month and 29.2% year on year. Among them, the import amount of automobile goods was US $9.28 billion, up 8.8% on a month on month basis and 36.2% on a year-on-year basis; The export value of automobile products was US $7.67 billion, down 1.3% month on month and up 21.7% year on year.

In 2020, the total import and export volume of automobile products will reach 151.4 billion US dollars, a year-on-year decrease of 4.0%. Among them, the import amount of automobile goods was 79.15 billion US dollars, a year-on-year decrease of 2.5%; The export value of automobile products was 72.25 billion US dollars, a year-on-year decrease of 5.6%.

In December, a total of 112000 vehicles were imported, up 4.7% month on month and 27.3% year on year; Total vehicle imports amounted to US $6.16 billion, up 13.0% month on month and 56.3% year on year. The total vehicle export was 126000, a month on month decrease of 1.6% and a year-on-year increase of 15.6%; The export value was US $1.73 billion, down 4.7% month on month and up 13.7% year on year.

In 2020, a total of 933000 vehicles were imported, a year-on-year decrease of 11.4%; Total vehicle imports amounted to US $46.7 billion, a year-on-year decrease of 4.2%. A total of 1.082 million vehicles were exported, a year-on-year decrease of 13.2%; The export value was 15.74 billion US dollars, down 3.6% year on year.

In December, the import value of auto parts was US $3.12 billion, up 1.3% month on month and 8.7% year on year; The export value of auto parts was US $5.94 billion, down 0.3% month on month and up 24.2% year on year.

In 2020, the import value of auto parts will reach US $32.44 billion, with a year-on-year growth of 0.1%; The export value of auto parts was US $56.52 billion, down 6.2% year on year.

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Source: China Automobile Industry Association