China Association of Automobile Manufacturers: The cumulative total import and export of automotive products in China increased by 5.5% year-on-year in the first quarter of this year
On May 6th, the China Association of Automobile Manufacturers stated that according to the data compiled by the General Administration of Customs, as of March this year, the total import and export volume of automotive products had slightly increased year-on-year.
In March this year, the total import and export volume of automotive products was 23.87 billion US dollars, a month on month increase of 19.4% and a year-on-year increase of 2.5%. The import amount was 5.28 billion US dollars, a month on month increase of 9.1% and a year-on-year decrease of 14.2%; The export amount was 18.59 billion US dollars, an increase of 22.7% month on month and 8.5% year-on-year. From January to March this year, the cumulative total import and export of automotive products in China was 68.29 billion US dollars, a year-on-year increase of 5.5%. The import amount was 15.73 billion US dollars, a year-on-year decrease of 11.5%; The export amount was 52.56 billion US dollars, a year-on-year increase of 11.9%.
Proofreading Wang Xin