China News Service, Beijing, January 5 (Reporter Yan Xiaohong) The China Association of Automobile Manufacturers released on the 5th a brief analysis of the top ten countries in terms of China's auto product export value from January to November 2021: January to November 2021, China's auto product export value The top ten countries are the United States, Mexico, Japan, Germany, Russia, South Korea, the United Kingdom, Belgium, Australia and Vietnam in order.
Since 2017, China's auto export market has been relatively strong. In 2018 and 2019, China's auto exports have both registered a 6% positive growth. Auto exports will decline in 2020. In the first 11 months of 2021, China's auto exports have increased by 1.1 times year-on-year. .
According to the China Association of Automobile Manufacturers, compared with the same period of the previous year, the top ten countries in export value continued to maintain rapid growth. Among them, Belgium and the United Kingdom grew significantly.
From January to November 2021, the cumulative export value of auto products from the ten countries mentioned above was US$55 billion, accounting for 47.9% of the total export value of auto products.
The China Association of Automobile Manufacturers believes that thanks to the gradual recovery of the international market, the stable domestic supply capacity, and the strong growth of new energy vehicle exports, China's auto exports will continue to strengthen in 2021, indicating that the global competitiveness of China's auto industry has been greatly improved.
There is still huge room for the development of China's auto export in the future.
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