China’s Auto Imports Witnessed Strong Growth in 2012

In 2012 , China’s automobile (including complete sets and spare parts ) imports turnover amounted to 47.512 billion U.S. dollars , a year – on – year growth of 10.4% ; imports volume reached 1,134,900 vehicles, up by 9.7% ; the average import price was $ 41,900 / vehicle , a year – on – year increase of 0.6%.In terms of the amount of imports, Germany, Japan and the United States are China’s top three sources of imports of automobiles. In 2012, China’s imports from Germany amounted to $ 17.713 billion, a year – on – year growth of 10.5%; imports from Japan reached $ 7.606 billion, down by 6.5%; where the imports from the U.S. accounted for $ 7.363 billion, a year – on – year growth of 25.7%. Among them, the German market share decreased from 37.3% in 2011 to 37.3% in 2012; Japan’s market share decreased from 18.9% in 2011 to 16.0% in 2012; while U.S. market share increased from 13.6% in 2011 to 15.5 % in 2012.

In 2012, the overall import turnover of automobiles from the top ten source countries (including complete sets and spare parts) reached a total of 45.673 billion U.S. dollars, accounting for 96.1% of all automobiles imported. . Import source countries and regions ranking from the fourth to tenth are the United Kingdom, Slovakia, South Korea, Mexico, Belgium, Portugal and Sweden.

 

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