In 2011, Guangdong exported auto parts 2.69 billion US dollars

In 2011, the global auto market showed a steady growth trend, and the demand for auto parts and components in the international market increased accordingly. At the same time, the export of domestic autos increased rapidly, and the export of corresponding maintenance parts also led to a rapid growth. According to Guangzhou Customs statistics, Guangdong exported 2.69 billion US dollars of auto parts in 2011, an increase of 20.9% over the same period of 2010.

According to statistics, the export value of Guangdong auto parts has maintained a positive growth for the consecutive 26 months. In addition to February, the monthly export value of auto parts in Guangdong remained at a high level of over 200 million U.S. dollars in 2011, and the export growth rate for the 26 consecutive months since November 2009 was a year-on-year increase; among them, 2.6 billion were exported in December. The US dollar rose 24.6% year-on-year, the highest monthly value since 2008.

Regarding export methods, in 2011, Guangdong exported 1.73 billion U.S. dollars in auto parts and components, an increase of 22%, accounting for 64.2% of the total value of auto parts exports in Guangdong over the same period; during the same period, it exported 870 million U.S. dollars in processing trade, an increase. 19.7%, accounting for 32.4%.

In terms of export areas, in 2011, Guangdong’s exports of parts and components to the three major international markets have increased year-on-year. Among them, exports of auto parts to the United States were 630 million U.S. dollars, up 23.4 percent; exports to the EU were 380 million U.S. dollars, up 22.6 percent; and exports to Japan were 370 million U.S. dollars, up 14.1 percent. In addition, exports of auto parts to ASEAN and South Korea were US$230 million and US$47.03 million, respectively, an increase of 51.8% and 52.4%, respectively.

According to the classification of export enterprises, in 2011, foreign-invested enterprises in Guangdong exported 1.56 billion U.S. dollars worth of auto parts, which was an increase of 22.4%, accounting for 58.1% of the total value of auto parts exports of Guangdong during the same period; in the same period, private enterprises exported 760 million U.S. dollars, up 20.3%. State-owned enterprises exported 340 million U.S. dollars, an increase of 15.2%.

In terms of export products, Guangdong mainly exports parts for vehicles, body parts, wheels and parts and components, and exports of electrical lighting devices and electrical audio signal devices have grown rapidly. In 2011, Guangdong exported 360 million U.S. dollars worth of components for vehicles, which accounted for 23.9% of the total value of auto parts exports in Guangdong over the same period; and exported 430 million U.S. dollars for parts of the body (including cabs), an increase of 29.8%, accounting for 12.5 percent. %; exports of wheels and their parts and components 290 million US dollars, an increase of 10%, accounting for 10.7%. During the same period, electrical lighting devices and electrical audio signal devices exported 180 million U.S. dollars and 70 million U.S. dollars, respectively, an increase of 52.4% and 54.8%, respectively. In addition, the export value of auto parts with high technical content is still not high, such as the automatic transmission only exports 22.95 million US dollars, a decrease of 32.6%.