According to the report released by the China Association of Automobile Manufacturers, in September, auto companies exported 301,000 vehicles, a decrease of 2.6% from the previous month and a year-on-year increase of 73.9%. From January to September 2022, the total number of automobile exports will be 2.117 million, a year-on-year increase of 55.5%. In terms of vehicle types, 1.696 million passenger vehicles were exported, a year-on-year increase of 60.1%; commercial vehicle exports were 422,000 units, a year-on-year increase of 39.2%. The export of new energy vehicles was 389,000, a year-on-year increase of more than double. From January to August, among the top 10 exporting countries, Mexico, Chile and Saudi Arabia exported a total of 430,000 vehicles, of which Mexico reached 154,000 vehicles, a year-on-year increase of 2.2 times, ranking first in the year-on-year growth rate. Speaking of growth rate,According to the data released by the China Association of Automobile Manufacturers, from January to August 2022, China’s auto exports will reach 1.817 million vehicles. A year-on-year increase of 52.8%, while China’s auto exports from January to August 2021 are only 1.189 million units, but China’s annual auto exports in 2021 will be 2.015 million units, making it the world’s third largest auto exporter and the export growth rate has reached an astonishing 102.5%. Until September this year, China has exported 2.117 million vehicles, a year-on-year growth rate of more than 55.5%, while Germany in the same period only had 1.9 million vehicles with a year-on-year growth rate of only 8%, so this year China has become the world’s second largest car exporter . Although Japan’s total car exports from January to August this year were 21% more than China’s, but in August alone, Japan’s car exports were 270,000, and Germany’s car exports were 162,000, both lower than China’s car exports of 310,000. That is to say, in August 2022, China’s automobile export volume has reached the first place in the world, and in September, China’s automobile exports exceeded 300,000 again, and the overall market trend is upward.
Data source: China, Japan, German Automobile Industry Association
In addition, from September to December 2021, China’s auto exports will be 826,000 vehicles, accounting for 41% of the annual exports. Referring to the year-on-year growth rate from January to September 2022, the fourth quarter of this year may also will rise sharply. Based on this calculation, China’s auto export volume will reach about 3 million in 2022. Although it is still the second largest in the world, it will have the opportunity to surpass Japan in 2023 and become the world’s largest auto exporter.
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