The import and export scale of auto parts in China has rebounded rapidly

Release time: 2023-02-14

In terms of auto parts export, with the development of the globalization trend of auto parts procurement, China's auto parts industry has ended the situation of facing a single customer and a single market, and increased the export of auto parts products. At present, China's auto parts export trade has basically covered major countries and regions in the world. With the continuous improvement of China's auto parts manufacturing level in the past 10 years, China's auto parts export trade has established a basic pattern of mainly developed countries, supplemented by emerging markets and sub-developed countries. In recent years, the total export volume of China's auto parts enterprises has shown an overall upward trend. According to the data of the General Administration of Customs, in 2021, China's export of auto parts reached 75.6 billion US dollars, up 33.7% year on year.

In terms of auto parts import, China mainly imports high-end auto electronic systems, gearboxes and other key parts that do not have manufacturing capacity in China. The import of key parts of such vehicles is greatly affected by the international situation and tariffs, and the import volume has fluctuated greatly in recent years. Affected by the initial outbreak of the COVID-19, the import and export scale of China's auto parts showed a downward trend, but with the tightening of international epidemic prevention, the COVID-19 was effectively controlled, driving the import and export scale of China's auto parts to show a rapid recovery trend. According to the data of the General Administration of Customs, in 2021, China's total import of auto parts was 37.6 billion US dollars, up 15.9% year on year.

The import and export data of China's auto parts from 2013 to 2021 are as follows: