Abstract In 2014, China's auto export models and varieties are expected to become more diverse. The first half of the year is anticipated to show stable performance or a slight increase compared to the same period in 2013. Annual growth is projected to range between 5% and 10%, with auto parts exports seeing an even stronger rise, expected to exceed 10%. These forecasts reflect the ongoing expansion of China’s automotive industry on the global stage.
In 2013, the total import and export volume for complete vehicles, parts, and accessories in China's automotive sector reached $135.7 billion, marking a year-on-year growth of 6.1%. Imports totaled $81.89 billion, up 5.5% from the previous year, while exports amounted to $53.8 billion, showing a 7% increase. Among these figures:
The total import and export value for complete vehicles (including complete sets of parts) stood at $61.68 billion, reflecting a modest 0.64% year-on-year growth. The number of imported vehicles reached 1,139,786 units, up 5.6% from the previous year, with an import value of $48.86 billion, rising by 2.7%. Meanwhile, vehicle exports declined slightly to 944,429 units, a decrease of 6.9% year-on-year, with an export value of $12.81 billion, down 6.4%.
On the other hand, the auto parts sector performed strongly, with total import and export volume reaching $74 billion, up 11.4% year-on-year. Import values for parts and components rose to $33 billion, an increase of 10%, while exports of parts and components hit $41 billion, growing by 12%. This strong performance highlights the increasing role of China as a key supplier of automotive components worldwide.
In 2013, the total import and export volume for complete vehicles, parts, and accessories in China's automotive sector reached $135.7 billion, marking a year-on-year growth of 6.1%. Imports totaled $81.89 billion, up 5.5% from the previous year, while exports amounted to $53.8 billion, showing a 7% increase. Among these figures:
The total import and export value for complete vehicles (including complete sets of parts) stood at $61.68 billion, reflecting a modest 0.64% year-on-year growth. The number of imported vehicles reached 1,139,786 units, up 5.6% from the previous year, with an import value of $48.86 billion, rising by 2.7%. Meanwhile, vehicle exports declined slightly to 944,429 units, a decrease of 6.9% year-on-year, with an export value of $12.81 billion, down 6.4%.
On the other hand, the auto parts sector performed strongly, with total import and export volume reaching $74 billion, up 11.4% year-on-year. Import values for parts and components rose to $33 billion, an increase of 10%, while exports of parts and components hit $41 billion, growing by 12%. This strong performance highlights the increasing role of China as a key supplier of automotive components worldwide.
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