According to the official data of the Chinese Autom producers, during January-November 2023, the PRC significantly increased the amount of car exports, sending 58.4% more vehicles abroad than in the relevant period of the previous year.
It was noted that the number of cars exported from China for 11 months was 4.41 million units. Against the background of these striking figures, Japanese car exports over the same period were 3,990,000 units, and the total forecast at the end of the year provides for the reach of 4.3 million cars.
Historically, the world rating of exporters of vehicles belonged to Japan, except in 2016, when it was leadership in Germany. Now China is a new subject in the global arena.
Particular attention is paid to increased sales of Chinese cars to Russia - exports increased 7 times compared to last year. Mexico also turned out to be second, with an increase in annual deliveries by 71%, reaching 330 thousand units. Representatives of Chinese car concern seek to create a significant client base in Mexico, which can serve as a platform for future expansion to the US and Canada markets.
In addition, China is actively expanding its car deliveries to Europe and Southeast Asia, competing with the interests of buyers of Japanese cars. For example, exports of Chinese electric cars to Thailand have doubled compared to last year.
In China, there is also an increased interest in auto ships, caused by increased demand for China's car. It is noted that the daily lease of Rolkers has increased from $ 16,000 to $ 105 thousand since 2021, and demand for new auto-car ships is beating records. The number of applications for their construction in shipyards reached 170, which is a significant increase compared to previous years.
