A brief Analysis of the Import and Export of Automobile Commodities in the first three quarters of 2021

According to the data analysis released by the General Administration of Customs compiled by the China Association of Automobile Manufacturers, in the first three quarters of 2021, the total import and export volume of automobile goods exceeded 150 billion US dollars, continuing to maintain rapid growth compared with the same period last year.

In the first three quarters of 2021, imports and exports of automobile goods totaled US $150.27 billion, an increase of 46.1 percent over the same period last year. Of this total, imports of automobile goods totaled US $70.83 billion, up 33.5 percent over the same period last year, and exports of automobile goods totaled US $79.44 billion, up 59.5 percent over the same period

In the first three quarters of 2021, a total of 754000 vehicles were imported, an increase of 21.9 percent over the same period last year, while vehicle imports totaled US $41.73 billion, an increase of 39.1 percent over the same period last year. A total of 1.492 million vehicles were exported, up 1.1 times over the same period last year, and the export value was 24.04 billion US dollars, an increase of 1.2 times over the same period last year.

In the first three quarters of 2021, imports of auto parts totaled US $29.11 billion, up 26.3% from the same period last year, while exports of auto parts totaled US $55.4 billion, up 41.7% from the same period last year.