Leap to the second place in the world, and China's automobile export volume surpasses Germany!
As the largest manufacturing industry, automobile, if China wins, the proportion of manufacturing industry in the world will rise to more than 35%. Japan and Germany will be very uncomfortable with the ebb and flow.
China Securities News article: China's automobile export volume has ranked the second in the world!
According to the data of China Automobile Association, in August 2022, China's automobile export volume reached 308000, with a year-on-year growth of 65%, which is the first time in history that it exceeded 300000 vehicles.
From the overall situation in the first eight months of this year, China's automobile export volume has surpassed that of Germany, only second to that of Japan. Among them, the export volume of new energy vehicles from January to August increased by more than 90% year on year, contributing an important increase.
The developed countries are becoming the main markets for China's automobile exports. According to the customs data compiled by the China Automobile Association, from January to August 2022, the top ten countries in China's automobile export volume are the United States, Mexico, Japan, Belgium, the United Kingdom, the Russian Federation, Germany, South Korea, Australia and Saudi Arabia.
How fast is China's automobile export growing? Why can we successfully open up the situation in overseas markets?
The "acceleration" of China's automobile export with a tenfold growth in the past two decades
Back in 2002, 20 years ago, there was still a huge gap between China's automobile export industry and Germany, Japan and other countries.
According to the data of the International Automobile Manufacturers Association (OICA), the world automobile export volume in 2002 was 22.1 million, of which Germany and Japan both exported more than one million vehicles. According to the data of China Automobile Association, in 2002, China's total vehicle export volume was only 43100. If the snow walking motor vehicles, golf carts and other manned motor vehicles are deducted, China's automobile exports will be only 22000.
However, in the next 20 years, China's automobile export industry achieved "overtaking at curves". According to the data of Just Auto, an authoritative British media, in 2021, the number of Chinese automobile exports will exceed 2 million for the first time, reaching a total of 2015000, second only to Japan (3.82 million) and Germany (2.3 million), becoming the world's third largest automobile exporter, and nearly 25% more than South Korea (1.52 million).
By 2022, China's automobile export industry will continue to maintain a rapid growth trend. According to the data of the General Administration of Customs, from January to August this year, China exported 1.91 million cars, with a year-on-year growth of 47.5%. This figure is close to the export volume of the whole year last year, surpassing the export volume of German cars and second only to Japan.
Among them, new energy vehicles have become a well deserved growth engine. According to the data of China Automobile Association, from January to August 2022, China's new energy vehicle exports totaled 340000 vehicles, with a year-on-year growth of 97.4%.
At the 4th Global New Energy and Smart Vehicle Supply Chain Innovation Conference, Wang Jinzhao, Minister of the Industrial Economy Research Department of the Development Research Center of the State Council, said that in 2021, China's new energy vehicle exports will account for 1/3 of the world's total, making it the world's largest new energy vehicle exporter.
With the rapid development of China's new energy automobile industry, the automobile export industry is expected to continue to grow and run out of "acceleration".
Why can automobile export achieve "flying against the wind"?
In recent years, the automotive industry has experienced a serious shortage of chips. In addition, since the second half of 2021, the prices of major automotive raw materials, such as aluminum, have risen sharply, putting pressure on many automotive enterprises.
However, in this context, the domestic automobile export industry has achieved a counter trend growth. According to the data of China Automobile Association, China's automobile export volume will reach 2015000 in 2021, with a year-on-year growth of 101.1%, ending the situation that the automobile export volume hovered around 1 million in the previous years. Since this year, the number of automobile exports has maintained a rapid growth.
Why can China's automobile export industry "fly against the wind"?
According to a research report of Pacific Securities, the domestic automobile industry chain is relatively complete and has differentiated competitive advantages. In the context of the pressure on global automobile enterprises caused by the shortage of chip supply, the excellent performance of China's automobile export demonstrates the advantages of a complete domestic industrial chain. With the advancement of domestic brands in the field of new energy and intelligence, the further consolidation of product strength and brand image will be conducive to the sale of cars made in China to more countries and regions.
At the same time, some policies also provide strong support for automobile export. On September 5, at the regular briefing on the policies of the State Council held by the Information Office of the State Council, the Ministry of Commerce said that it would continue to support new energy vehicle enterprises to accelerate the construction of overseas marketing and after-sales service networks and increase brand promotion. Overseas institutions of qualified Chinese funded banks are encouraged to provide overseas consumer financial products. We will explore ways to expand export transport channels and transport new energy vehicles through China Europe regular trains.
Of course, a good automobile export situation can not be separated from the efforts of the enterprises themselves.