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A Brief Analysis of the Import and Export of Auto Parts in July 2022

According to the data of the General Administration of Customs compiled by the China Automobile Industry Association, in July 2022, the import amount of China’s auto parts continued to decline and the export maintained a steady growth.

In July 2022, China’s import of auto parts will reach 2.85 billion US dollars, down 3.2% month on month and 18.5% year on year. Among the main categories of auto parts, compared with last month, the import amount of auto and motorcycle tires increased slightly, while the other three categories showed a small decline; Compared with the same period last year, the import amount of the four major categories of spare parts continued to decline, especially for engine, automobile and motorcycle tires.

In July 2022, China’s export of auto parts reached 8.94 billion US dollars, up 8.8% month on month and 29.5% year on year, accounting for 61.4% of the total export of auto commodities. Among the main export varieties of auto parts, compared with last month, the export amount of the four categories of auto parts increased, especially for engines, automobiles and motorcycle tires; Compared with the same period of last year, the four categories of auto parts continued to maintain a double-digit rapid growth, including auto and motorcycle tires.

From January to July 2022, China’s import of auto parts reached 20.59 billion US dollars, down 16.7% year on year. Among the main categories of auto parts, compared with the same period of last year, the import amount of the four categories of auto parts decreased to varying degrees, with the decrease of engine still being the most obvious.

From January to July 2022, China’s auto parts export reached 53.03 billion US dollars, a year-on-year growth of 13.3%, slightly higher than that from January to June, accounting for 62.4% of the total auto commodity export. Among the main export varieties of auto parts, compared with the same period of last year, the export amount of engines decreased slightly, and the other three categories of auto parts showed an increase.

 


Post time: Nov-04-2022