Analysis of Import And Export of Automobile Commodities from Jan. to Oct. 2021

According to the analysis of data released by the General Administration of Customs, in Oct. 2021, compared with the previous month, the import valve of automobile goods decreased apparently, while the export value increased slightly; compared with the same period of last year, the import and export value of automobile goods increased, and the export value have more significant increasement.


From Jan. to Oct., the total import and export volume of automobile goods reached to $165.66 billion, up to 40.2% year-on-year. Compared with same period of last year, the import value of automobile goods was $761.7 billion, up to 24.1%; while the export value of automobile goods was $89.49 billion, which up to 57.6%.


From Jan. to Oct., the import value of automobile parts was $31.74 billion, up to 20.8%, the export value was $61.71 billion, up to 38.3% year-on-year.



News source: CAAM