China's auto parts auto parts export totaled 26.06 billion US dollars in the first nine months of 2010
November 27, 2019
From January to September 2010, the total export volume of all types of auto parts in China was 26.06 billion U.S. dollars, exceeding the 2009 annual export volume of 25.253 billion U.S. dollars; the total import volume was 18.42 billion U.S. dollars, which also exceeded the figure of the previous year's total import value of 16.886 billion U.S. dollars. . From January to September 2010, the trade surplus of China's auto parts reached US$7.64 billion, and the surplus has an increasing trend. In the same period of 2009, China's auto parts trade surplus was 5.97 billion U.S. dollars.
Among the eight types of auto parts, there are four types of trade surpluses: engine parts, brake system parts, electronic and electrical parts, and parts of the driving system; and transmission system parts, engine assemblies, body accessories, and steering system zero. There are four types of components such as a trade deficit.
According to statistics, the largest trade surplus is the components of the driving system. In January-September 2010, the export value of the components of the driving system was US$10.009 billion, the import value was US$933 million, and the trade surplus reached US$9.076 billion. The second largest trade surplus is electronic and electrical components. From January to September this year, the export volume of electronic and electrical components was 5.168 billion U.S. dollars, the import volume was 1.198 billion U.S. dollars, and the trade surplus was 3.97 billion U.S. dollars. The brake system components and engine parts also had a trade surplus of $1.328 billion and $48 million respectively from January to September.
The biggest trade deficit is in the transmission components. From January to September 2010, the export volume of the transmission system components was 1.451 billion U.S. dollars, the import value was 6.081 billion U.S. dollars, and the trade deficit was 4.630 billion U.S. dollars. The second largest trade deficit is the engine. From January to September 2010, the engine export amounted to US$709 million, the import amount was US$1.929 billion, and the trade deficit reached US$1.22 billion. Body parts and steering system components also had a trade deficit of 5.4 billion U.S. dollars and 390 million U.S. dollars from January to September respectively.
