Jilin's first three quarters of auto parts exports increased sharply


According to statistics from Changchun Customs, in the first three quarters of this year, the export of automobiles and parts in Jilin Province continued to grow at a high rate and reached a record high. The rapid growth of auto parts imports in recent years has fallen to the bottom of five years, and the industry situation is grim.
In the first three quarters of this year, Jilin Province exported 22.13 million US dollars worth of auto parts, an increase of 87.4%, showing strong growth.
Mainly sold to the United States, South Africa and other 64 countries and regions, an increase of 5 than in 2004. The reasons for the growth are as follows: First, as the world's automobile manufacturing industry accelerates its transfer to China, foreign spare parts companies also follow the OEM to invest in factories in China or carry out technical cooperation with domestic parts factories, which greatly promotes the construction of China's spare parts industry. And development. Second, the world's automobile manufacturing industry will increase its procurement efforts in China, establish a parts production and procurement network, integrate China into its global business network, and supply it to production plants or parts and components factories around the world. A huge business opportunity has come. Third, the rapid development of automobile parts manufacturing industry in Jilin Province. Jilin Province has certain technological advantages in the production of spare parts and increases the export potential. Fourth, according to the “China-ASEAN Framework Agreement on Comprehensive Economic Cooperation in Goods Trade Agreement”, starting from July 1 this year, the two sides will fully launch the tax reduction process in accordance with the agreed timetable, and 7,000 kinds of goods, including auto parts, will begin to reduce tariffs. Therefore, there is a new opportunity for the export of automobile parts in Jilin Province.
It is also known that the sharp decline in the import of auto parts highlights the severe situation in the auto market. In the first three quarters of this year, the import of automobile parts in Jilin Province was 490 million U.S. dollars, a drop of 61.1%, which was the lowest point in the past five years. The reasons for the continuous decline in the import of auto parts are as follows: First, the auto market has been sluggish since October 2004, resulting in unsalable vehicles. This year, auto companies have reduced their production and reduced the import of auto parts. Second, since 2004, the soaring prices of raw materials, especially steel products, and the increase in interest rates for loans this year have kept domestic car costs high. Automobile manufacturers do not dare to expand their production volume, thus inhibiting the import of auto parts.

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