www.chinabuses.org: According to the statistics from Xiamen Customers, it has exported auto parts worthy 220 million USD in Xiamen Customers area, year-on-year growth of 55.3%.

Since February, the export value increasingly goes up, especially 44.86 million USD in June, year-on-year growth of 54.1%, month-to-month growth of 13.4%, which is the new record since January in 2009. The components are mainly exported to ASEAN ( the Association of Southeast Asian Nations ), America, India and European Union and the exporting amount in these regions accounts for about 57.9% of the total. (ASEAN: 59.74 million USD, growth of 40.9%; 23.77 million USD, growth of 47.5%; 23.27 million USD, 1.8 times more; European Union: 18.15 million USD, growth of 52.7%.

Two reasons for the fast growth are as followed: firstly, the big demand on auto parts due to the steady recovery of international automobile companies is shown. In this June, it realizes the 9th continuous year-on-year growth, overall rising 14% in America automotive market; the sales of automobile reaches the 11th continuous year-on-year growth in Japan; the sales of main motor builders gains full growth in India. Secondly, the international famous auto parts builders strengthen the investment in China. Since 2009, For example, GKN, Borgwarner and Johnson Controls have set up solely-invested or joint venture factory in China, in particular, Bosch invested 18 companies in China. The recovery of the global automobile market as well as the strengthened investment of foreign companies on China promotes the constant growth of exporting of auto parts.

Source : www.chinabuses.org

Editor : Andrea

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Tags: auto parts exports