COVID-19 - trade impact on the automotive sector by market 2020

China's manufacturing sector is anticipated to contract by around two percent as of February 2020 due to the outbreak of COVID-19. The automotive industry in the European Union is expected to see a decline of 2.5 billion U.S. dollars due to a reduction in automobile and parts exports from China.

Estimated trade impact of the coronavirus (COVID-19) epidemic on the automotive sector as of February 2020, by market

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

March 2020

Region

Worldwide

Survey time period

2020

Supplementary notes

Only the most affected countries are shown.

The impact has been calculated under the assumption of a two percent reduction of China exports in intermediate inputs. The source assumes that supply disruptions are limited to China and does not consider disruptions that COVID-19 may directly cause in the output of other countries.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Coronavirus (COVID-19) in the U.S."

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.