In November, China's automobile exports increased by 1.3% month on month and 18.6% year-on-year
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- Yitongda
- Issue Time
- Dec 1,2023
Summary
In November 2023, the import and export value of automotive products increased by 1.4% month on month and 13.5% year-on-year. The import amount increased by 1.6% month on month and 2.1% year-on-year; The export amount increased by 1.3% month on month and 18.6% year-on-year.
According to the data compiled by the China Association of Automobile Manufacturers from the General Administration of Customs, in November 2023, compared to the previous month, the import and export value of automotive products increased slightly; Compared with the same period last year, the import amount of automotive products has slightly increased, while the export amount has grown rapidly.
In November 2023, the import and export value of automotive products increased by 1.4% month on month and 13.5% year-on-year. The import amount increased by 1.6% month on month and 2.1% year-on-year; The export amount increased by 1.3% month on month and 18.6% year-on-year.
From January to November 2023, the cumulative import and export amount of automotive products in China increased by 14.7% year-on-year. The import amount decreased by 14.3% year-on-year; The export amount increased by 31.1% year-on-year.
According to CCTV News, at the 2023-2024 China Economic Annual Conference held on December 13, Han Wenxiu, Deputy Director in charge of daily work and Director of the Central Agriculture Office, introduced that China's automobile exports will exceed 5 million vehicles this year, setting a new historical record.
According to data previously released by the Ministry of Industry and Information Technology, from January to October, China's automobile exports reached 3.922 million units, a year-on-year increase of 59.7%; The export of new energy vehicles reached 995000 units, a year-on-year increase of 99.1%.
Zhuzhou Yitongda International Trade Co., Ltd. provides high-quality second-hand car export full process services to the world, and this year's foreign trade export business has also experienced explosive growth. In 2023, we have expanded our overseas market and established a complete trade comprehensive service system. We have also established a huge network of vehicle supply channels with major OEMs, resource vehicle dealers, information trading platforms, and physical markets. It has established long-term cooperative relations with partners in 62 countries in Central Asia, the Middle East, Africa, Europe and other places. It has established front warehouses in Khorgos and Kashgar, and will establish overseas post warehouse markets in St. Petersburg, Almaty, Dubai, Angola and other countries. It is China's leading comprehensive service provider for second-hand car exports!