Number of vehicles exported from China 2010-2020, by type
In 2020, around 235,000 commercial vehicles and 760,000 passenger cars were exported from China. This indicated a decrease in the volume of passenger car export and an increase in commercial vehicle export compared to the previous year.
Automobile manufacturing industry in China
Since a few years back, China has been the world’s largest car producing country. Over one quarter of the global passenger car production was manufactured in China in 2019, exceeding the overall share of the European Union. First and foremost, car production in China is set to satisfy domestic car demand as only about four percent of passenger cars manufactured in China were destined for export markets.
Chinese car exports
In other national car markets, Chinese car brands enjoy a significant cost advantage over imported cars from international automobile manufacturers. Thus, other developing countries and emerging markets were the main export destinations for Chinese vehicle exports as of 2016. Although exports of Chinese car brands have increased rapidly over the past decade, it is still a long way for China to become a car export powerhouse. Vehicles made in China have not posed a threat to Japanese or European auto makers internationally since Chinese exports are more concentrated in low-end market segments.
Automobile manufacturing industry in China
Since a few years back, China has been the world’s largest car producing country. Over one quarter of the global passenger car production was manufactured in China in 2019, exceeding the overall share of the European Union. First and foremost, car production in China is set to satisfy domestic car demand as only about four percent of passenger cars manufactured in China were destined for export markets.
Chinese car exports
In other national car markets, Chinese car brands enjoy a significant cost advantage over imported cars from international automobile manufacturers. Thus, other developing countries and emerging markets were the main export destinations for Chinese vehicle exports as of 2016. Although exports of Chinese car brands have increased rapidly over the past decade, it is still a long way for China to become a car export powerhouse. Vehicles made in China have not posed a threat to Japanese or European auto makers internationally since Chinese exports are more concentrated in low-end market segments.
