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Both Import and Export of China Auto Parts Make Poor Performance in Q1 2015

Date:2015-05-29 Source:www.chinaspv.com

www.chinaspv.com: According to China Association of Automobile Manufacturers, China’s importing amount of auto parts adds up to 8.03 billion USD in the first quarter this year while 15.637 billion USD for exporting, year-on-year growth of 2%. That shows exporting achievements perform better than importing in this segment.

In Q1 2015, driving systems, electronics and body accessories rank top three among the exporting auto components of China, 4.563 billion, 2.722 billion and 2.074 billion USD respectively in terms of the sales amount. Specifically, tires remain the products with the most exporting shares in driving systems, 2.696 billion USD, taking up 59%. However, the decreasing trend at a big degree turns due to the adverse policies of other counties in recent years.
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