Import and Export of China's Automobile Commodities in October 2021

According to the data analysis published by the General Administration of Customs compiled by China Association of Automobile Manufacturers, in October 2021,compared with the previous month, the import amount of automobile commodities decreased significantly, and the export amount increased slightly; compared with the same period of last year, the import and export amount of automobile commodities increased, and the growth rate of export commodities was more significant.

In October, the total import and export of automobile commodities was US $15.4 billion, a month-on-month decrease of 11.4% and a year-on-year increase of 49.5%. Among them, the import amount of automobile commodities was US $5.34 billion, a month-on-month decrease of 34.0% and a year-on-year increase of 11.1%; The export value of automobile commodities was US $10.06 billion, a month-on-month increase of 8.3% and a year-on-year increase of 83.2%.

From January to October, the total import and export of automobile commodities was 165.66 billion US dollars, a year-on-year increase of 40.2%. Among them, the import amount of automobile commodities was 76.17 billion US dollars, a year-on-year increase of 24.1%; The export value of automobile commodities was US $89.49 billion, a year-on-year increase of 57.6%.

In October, a total of 44,000 finished vehicles were imported, with a month-on-month decrease of 44.3% and a year-on-year decrease of 24.1%; the import amount of finished vehicles was US $2.71 billion, a month-on-month decrease of 44.4% and a year-on-year increase of 7.3%. The export of finished vehicles was 220,000, with a month-on-month increase of 26.4% and a year-on-year increase of 1.2 times; the export value was US $3.74 billion, an increase of 35.2% month-on-month and 1.9 times year-on-year.

From January to October, 798,000 finished vehicles were imported, with a year-on-year increase of 11.9%; the import amount of finished vehicles was US $44.43 billion, a year-on-year increase of 26.6%. A total of 1.712 million finished vehicles were exported, a year-on-year increase of 1.1 times; the export value was US $27.78 billion, a year-on-year increase of 1.3 times.

In October, the import amount of auto parts was USD 2.63 billion, a month-on-month decrease of 18.3% and a year-on-year increase of 15.2%; the export value of auto parts was US $6.31 billion, a month-on-month decrease of 3.1% and a year-on-year increase of 49.8%.

From January to October, the import amount of auto parts was 31.74 billion US dollars, a year-on-year increase of 20.8%; the export value of auto parts was US $61.71 billion, a year-on-year increase of 38.3%.

From: China Association of Automobile Manufacturers

Translated by; WONDEE Autoparts

2021/12/3