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International Business Newsletter-China may become the largest automobile exporter

Even exceeding Japan and Germany, China may become the largest automobile exporter



According to the data of China Association of Automobile Manufacturers, from January to October,2023, China's automobile exports reached 3.9 million vehicles, and the automobile exports increased rapidly year on year.


Yonhap News Agency reported that if the export volume in the last two months maintains the level in October, China's cumulative related exports in 2023 are expected to surpass Japan and become the world's largest automobile exporter for the first time.


According to the report released by German research institutions, from January to September this year, Chinese manufacturers sold 3.4 million vehicles abroad, while Japanese manufacturers exported 3.2 million vehicles and German manufacturers exported 2.4 million vehicles, which has surpassed Japan and Germany. 




In recent years, China's automobile exports have ushered in rapid development, not only the export volume has exceeded 3 million vehicles, but also the bicycle price has greatly increased, from 85,000 yuan in 2018 to 122,000 yuan in 2022, and the export areas have gradually expanded to developed regions such as Europe and North America.


Data show that Chinese brands accounted for 8% of the EU electric vehicle market in 2022, and it is estimated that this proportion may increase to 15% by 2025. 





连超日德,中国或将成最大汽车出口国



       中国汽车工业协会数据显示,2023年1月至10月,中国汽车累计出口达390万辆,汽车出口同比快速增长。


       韩联社报道称,若最后两个月出口量维持10月份水平,中国2023年全年累计相关出口有望超过日本,首次成为世界第一汽车出口大国。


       德国研究机构公布的报告显示,今年1月至9月,中国制造商共计向国外销售了340万辆汽车,日本制造商出口了320万辆,德国制造商为240万辆,出口量已超过日本和德国。


       近年来,中国汽车出口迎来了高速发展,不仅出口量破300万辆大关,而且单车价格也大幅提升,从2018年的8.5万元增长到2022年的12.2万元,出口地区也逐渐扩展到欧洲和北美等发达地区。


       数据显示,2022年中国品牌占据了欧盟电动汽车市场8%的份额,预计到2025年,这一比例可能会增加到15%。