According to the national customs import and export statistics of auto commodities, in the first half of 2014, the import value of auto commodities was 48.010 billion US dollars, a year-on-year increase of 28.28%; An increase of 14.81%, an increase of 11.68 percentage points over the same period of the previous year; the cumulative export of auto parts was 30.913 billion US dollars, an increase of 9.78% over the same period of the previous year.
From the data point of view, the surplus of auto parts reached 13.187 billion US dollars, but the trade deficit of auto goods was nearly 8 billion US dollars. It can be seen that the self-owned vehicle has not only suffered "11 consecutive declines" in domestic sales, but its export business performance has also been "unsatisfactory", but the export value of auto parts in the first half of this year has increased steadily.
-The import value of three types of products decreased
According to the import and export trend of auto parts in the first half of 2014, the three categories of seat belts, drive axles and automobile tires all increased by more than 20%, of which the growth rate of seat belts reached 28%. It is the key components such as transmissions and engines, especially the import of transmissions has grown rapidly. This year, my country's joint venture brand car sales have grown significantly, and auto parts related to safety are mainly purchased from abroad.
In the first half of this year, my country's auto parts import business increased significantly year-on-year. The year-on-year decrease in the total import volume is the three major categories of auto parts: engine, electronically controlled fuel injection device, and auto inner tube, which are 7.43%, 21.15%, and 73.95% respectively. Generally, foreign-owned brand cars with joint ventures in China have engine factories for the whole. car kit. The technology of electronically controlled fuel injection device is generally in the hands of a few foreign-funded parts companies such as Bosch. These parts companies are becoming more and more "localized" in China, and most of them have their own production bases, which can basically meet the local supply. Car tubeless is the trend of car development. In the future, the demand for car inner tubes will be less and less, and the import and export volume will also decrease year by year. In the import breakdown of auto parts in the first half of 2014, the import of auto engines was 366,600 units, a year-on-year decrease of 4.06%, the import value was 1.04 billion US dollars, a year-on-year decrease of 7.43%; the import value of auto parts, accessories and car bodies was 14.918 billion US dollars, a year-on-year increase. 16.03%; the import value of automobile and motorcycle tires was 353 million US dollars, a year-on-year increase of 20.51%; the import value of other auto-related goods was 1.410 billion US dollars, a year-on-year increase of 21.51%.
-The export volume of key components is small
The auto parts with the largest import and export surplus were tires, with a surplus of US$6.756 billion. In the first half of this year, the import and export deficit of transmissions was the largest, reaching 4.751 billion US dollars, and the deficit of engines, airbag devices and drive axles was slightly. Transmissions, engines, airbag devices, and drive axles are all core components of automobiles, which are generally controlled by foreign-funded enterprises. China mostly produces auto parts with low technology content, and there are fewer parts companies that master core technologies, and exports are less than imports.
In addition, the exports of electronically controlled fuel injection devices and automobile inner tubes declined year-on-year, the former fell by more than 20%, and the latter's exports fell by about 9%. Compared with the same period of the previous year, the export value of engines and automobile and motorcycle tires ended a decline, showing a slight increase, and the growth rates of the other two categories increased. In the first half of the year, the export of engines was 1.7111 million units, a year-on-year increase of 6.51%, and the cumulative export value was 815 million US dollars, an increase of 8.36% year-on-year; the export value of auto parts, accessories and car bodies was 16.830 billion US dollars, a year-on-year increase of 14.40%; The export value of automobile and motorcycle tires 7.353 billion US dollars, a year-on-year increase of 4.59%; the export value of other auto-related goods was 5.915 billion US dollars, a year-on-year increase of 4.43%.
- The import and export surplus will increase
Overall, the performance of my country's auto parts import and export in the first half of 2014 was better than expected. From the import data, the recent increase in China's auto parts imports is obvious. Since the beginning of this year, joint venture brands have continued to strengthen, and the demand for key parts and components related to safety has increased. However, parts such as engines have been gradually localized, and the growth rate of imports has declined year by year.
In the first half of this year, transmission imports are still a major focus. However, as more and more joint venture car companies establish transmission production bases in China, transmission imports will also decline in the future. A large number of Chinese auto parts companies have gone abroad and entered the automotive aftermarket in Europe and the United States and other countries and regions. On the one hand, mature aftermarkets in Europe and the United States and other countries and regions have strong demand for Chinese low-cost parts; on the other hand, the domestic vehicle market is highly competitive, and the profit margins of auto suppliers for domestic vehicle enterprises are decreasing.