According to data from the General Administration of Customs compiled by the China Association of Automobile Manufacturers, in February 2024, exports of 394,000 vehicles fell short of the previous month's performance, showing a slight decrease of 10% over the previous month and an increase of 21.5% over the previous year.
The Zhitong Finance App learned that according to data from the General Administration of Customs compiled by the China Association of Automobile Manufacturers, in February 2024, exports of 394,000 vehicles fell short of the previous month, showing a slight decrease of 10% from the previous month, up 21.5% from the previous month, and the export value reached 7.3 billion US dollars, down 13.7% from the previous month and up 7.3% from the previous month. From January to February 2024, 831,000 vehicles were exported, up 21.9% year on year; export value reached US$15.75 billion, up 12.3% year on year.
According to data from the General Administration of Customs compiled by the China Association of Automobile Manufacturers, in February 2024, the export value of auto parts products showed a rapid year-on-year growth rate. The export value of auto parts products reached US$7.32 billion, down 24.1% month on month and up 17.1% year on year. From January to February 2024, the export value of auto parts products was US$16.97 billion, an increase of 14% over the previous year.