The export volume ranks second in the world! Where are Chinese cars sold?

According to data from the China Automobile Association, the export volume of domestic auto companies exceeded 308,000 for the first time in August, a year-on-year increase of 65%, of which 260,000 were passenger cars and 49,000 commercial vehicles. The growth of new energy vehicles was particularly obvious, with exports of 83,000 units, a year-on-year increase of 82%. Under the sluggish domestic auto market, there have been gratifying changes in the export volume of auto companies. From January to July this year, China’s auto exports reached 1.509 million units

In 2021, China’s total auto exports will exceed 2 million units, surpassing South Korea and ranking among the top three in the world. This year, Japan exported 3.82 million vehicles, Germany exported 2.3 million vehicles, and South Korea exported 1.52 million vehicles. In 2022, China will match South Korea’s export volume for the whole of last year in just seven months . According to the export volume of 300,000/month, China’s auto export volume will exceed 3 million this year.

Although Japan exported 1.73 million vehicles in the first half of the year and ranked first, it fell by 14.3% year-on-year due to raw materials and other reasons. However, China’s growth has exceeded 50%, and it is our next goal to hit the world’s No. 1.

However, although the export volume has increased, the gold content still needs to be improved. The lack of high-end and luxury brands, and relying on low prices to exchange markets is a pain point for China’s auto exports. The data shows that in the first half of the year, the three countries with the largest number of Chinese automobile exports are Chile, Mexico and Saudi Arabia , two Latin American countries and one Middle East country, and the export price is between 19,000 and 25,000 US dollars (about 131,600 yuan- 173,100 yuan).

Of course, there are also exports to developed countries such as Belgium, Australia, and the United Kingdom , and the export price can reach 46,000-88,000 US dollars (about 318,500-609,400 yuan).