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China Automobiles Export
Earlier this year, the China exports to Europe and South America grew rapidly. Europe and South America are becoming the main markets for China auto exports, according to reports from the Automobile Branch of the Chinese Chamber of Commerce.According to the chamber’s statistics the first half of this year, China’s auto exports still primarily went to Asia, accounting for 47.4% of all exports; Europe came second, accounting for 21.5%; next is Africa, South America, Oceania and North America, third, fourth, fifth and sixth respectively. According to the analysis of export growth, exports to Europe grew by 520%; to South America by 117%; to Asia 113%, and to Africa 34.6%.
The statistics demonstrated that, early this year, China had exported automobiles to 171 countries and areas in the world. Some countries became new hot spots for China automobile export, including Iran, Belgium, Russia, Iraq, Italy, Malaysia, Libya, Jordan, Cuba, Ukraine, Saudi Arabia, Angola and Italy.
The data also showed that, as well as China exports of automobiles growing rapidly for 3 years, the average unit price of automotive exports has also increased in growth.
It is reported, in the first half of 2006, that China automotive export continues to preserve strong growth, and export of entire vehicles (complete chassis without an engine) reached 1.2 million, up 86.8%; Export revenues amounted to 1.3 billion US dollars, up 115.1%.
Peishao, a high-level engineer in the chamber of commerce, said that, "What is worth mentioning is China’s auto export average unit price has grown exponentially. This explains the scale of auto exports is improving. At the same time, how to expand the independent brand, improve product quality and scale, develop the international market, overcome the international technical trade barriers, and establish anti-dumping early warning mechanism, are the difficult challenges the automotive exports of China still face."