China's Import and Export of Auto Products in November 2022

According to the China Customs data in November 2022 compiled by the China Association of Automobile Manufacturers, the import and export value of China's automobile products increased slightly compared with that of October; compared with that of the same period in 2021, the import value of China's automobile products decreased rapidly and the export value maintained a rapid growth.

In November 2022, the total import and export volume of China's automobile products was 22.95 billion US dollars, with a month-on-month increase of 5.5% and a year-on-year increase of 8.9% . Among them, the import value increased by 6.7% month-on-month and decreased by 23.1% year-on-year; the export value increased by 5.0% month-on-month and 33.4% year-on-year.

From January to November 2022, China's total import and export of automobile products totaled 227.96 billion US dollars, with a year-on-year increase of 11.9%. Among them, the import amount decreased by 7.6% year-on-year; the export value increased by 26.9% year-on-year.

(Note: the above data are from China Association of Automobile Manufacturers)

Translated by; WONDEE Autoparts

2023/1/16