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Car exports in the world first! Where are our cars sold?
Nov 17,2023
Recently, according to a report released by the China Association of Automobile Manufacturers,From January to July 2023, 2.778 million cars were exported, an increase of 74% year-on-year. Among them, 931000 new energy vehicles were exported, up 1.1 times year on year.
In addition, according to the data,From January to April 2023, the top ten countries for automobile exports were Russia, Mexico, Belgium, Australia, Saudi Arabia, the United Kingdom, Thailand, Spain, the United Arab Emirates and the Philippines.
Car exports to achieve triple jump
in recent years,With the policy support and the efforts of all vehicle manufacturers, China's automobile exports have achieved leapfrog growth.
From 2017 to 2020, China's automobile exports basically remained at the level of 1 million vehicles. Since 2021, China's auto exports have achieved a triple jump.
In 2021, my country's auto exports achieved explosive growth, more than doubling year-on-year, breaking the 2 million mark for the first time, reaching 2.015 million, surpassing South Korea and becoming the world's third largest auto exporter.
In 2022, my country's auto exports continued to grow, breaking through 3 million vehicles to reach 3.111 million vehicles, surpassing Germany and becoming the world's second largest auto exporter, second only to Japan.
In 2023, in the first quarter, China's automobile exports reached 994000, an increase of 70.6 percent over the same period last year, successfully surpassing Japan to become the world's largest automobile exporter.
among them,From January to August, a total of 2.941 million vehicles were exported, up 61.9 percent year-on-year, close to the full-year level in 2022 (3.108 million vehicles), and is expected to sit first in the world in 2023.
Behind it, there are three main reasons why China's auto exports can achieve a triple jump in just three years.
First of all, the international supply chain system is dragged down by the epidemic, there are problems such as the shortage of automotive chips, while China's automotive supply chain is relatively perfect, with the advantage of stable supply, domestic production capacity to fill part of the demand gap.
It is worth noting that China's auto exports include the domestic Tesla.
Secondly, affected by geopolitics, European and American countries imposed sanctions on Russia. European and American auto brands withdrew from the Russian market almost across the board, while my country's own brands entered on a large scale.
Finally, due to the rapid transformation of domestic independent brands in recent years, and continuous electric and intelligent upgrades, the competitiveness of Chinese auto brands has reached or even surpassed some European and American brand models.
It can be said that at present, China's automobile industry is in the best development opportunity period in decades, and automobile export has become an important starting point to hedge against the weakness of domestic sales, bringing a new growth curve for enterprises.
Chinese car sea route
previously,In the first 11 months of 2022, the top 10 countries for Chinese car exports were the United Arab Emirates, Saudi Arabia, Mexico, Belgium, the United Kingdom, the Philippines, Egypt, Chile, Russia and Thailand.
The performance of the European and American markets is more prominent. Among them, Belgium, the United Kingdom and Mexico have become the largest export destinations for new energy vehicles, passenger vehicles and commercial vehicles respectively.
At present, the leader and main force of Chinese cars going to sea are mainly traditional car companies.
According to data from the China Automobile Association,January-August 2023,The top ten car companies in terms of vehicle export volume include SAIC, Chery, Tesla, Changan, Geely, Great Wall, Dongfeng, BYD, Jianghuai Automobile and BAIC, with a total of more100000 cars.
In 2023, the 8th place in China's major vehicle exporting country was the Philippines, with a cumulative export of 85000 vehicles. among them,Chinese cars sold in the Philippines includeMG, Geely and GAC brands.
China's Major Vehicle Export Countries No.Six are British, with a cumulative export of 118000 vehicles.Chinese car brands that have entered the UK market include,MG, Chery, BYD, etc.
Saudi Arabia ranked No.5, with a cumulative export of 120000 vehicles. Located in the Arabian Peninsula in southwest Asia, the capital Riyadh. Chinese cars entering Saudi Arabia include Changan, MG, Geely, etc.
In addition, China's major vehicle exporting countries are No.4 is Australia, with a cumulative export of 136000 vehicles.Chinese cars entering Australia include BYD, Chery andMG。
2023 the second place among China's major vehicle exporters is Mexico, with a total of 224000 vehicles exported from January to July.
From the perspective of location, the northern part of Mexico borders the United States. For all auto companies that want to win the North American market, Mexico is a very important springboard. Chinese cars sold locally are,MG, JAC and Chery.
Finally, vehicle exporting countries ranked No.One is Russia, which has exported 464000 vehicles in seven months, most of which are traditional fuel vehicles. Across the Eurasian continent, the capital Moscow, the total population of about 0.146 billion.
At present, Chinese car brands exported to Russia include Chery, Haver and Geely, of which Chery is the best-selling Chinese car brand.SUVs are favored by Russian consumers.
It can be seen that Chinese auto brands sell well overseas, which not only reflects the continuous improvement of the international competitiveness and influence of Chinese auto products.
At the same time, it also reflects that the layout and marketing strategy of Chinese automobile brands in overseas markets are more flexible and accurate, and can be differentiated and localized according to the needs and characteristics of different markets.
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