In The First Quarter, The Value Of China's Auto Goods Imports And Exports Both Increased Rapidly

The China Association of Automobile Manufacturers disclosed on the 15th that from January to March 2021, both the import and export value of China's auto products showed rapid growth, of which the import value of auto products was US$22.74 billion, a year-on-year increase of 35.0%; The export value of auto commodities was US$24.10 billion, a year-on-year increase of 53.1%.

Industry analysts pointed out that since 2017, China's auto export market has performed relatively strong, and China's auto export has shown a positive growth of 6% in both 2018 and 2019. Affected by the impact of the new crown pneumonia epidemic, China's auto exports fell by 13% from January to December 2020. It is worth noting that in December 2020, China's auto exports reached 120,000 units, a year-on-year increase of 15%, and the pressure on the export market began to gradually ease. It is expected that China's auto exports still have huge room for development in the future.

CBIES AUTOMOTIVE produces steel tube for side door impact beam, cross car beam, seat frame, shock absorber, exhaust system, trunk hinge etc.