Analysis of China’s automobile exports in 2018

Analysis of China's automobile exports in 2018

In the first quarter of 2018, China’s auto exports were 230,000 vehicles, a year-on-year increase of 22.5%. Among them, the export volume of small cars was 143,300, accounting for 68.86% of the total export volume; the export volume of trucks was 36,500, accounting for 17.52%; the export of passenger cars of nine or less was 27,200, accounting for 13.06%; The export of 4WD four-wheel-drive light off-road vehicles was 1,188.

In the case of China’s automobile export volume in 2014-2017, the export volume continued to increase in four years, with an average annual compound growth rate of 4.94%.

From January to March 2018, China exported 2.95 billion U.S. dollars, a year-on-year increase of 18.4%. In 2014-2017, China’s automobile export volume maintained a growth trend as a whole, with a four-year compound annual growth rate of 1.94%.

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