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China's Auto Parts Export Direction And Product Type
Jul 10, 2018

From the perspective of export, the United States, Japan, the European Union and other developed countries and automobile producing countries are the major exporters of China's auto parts. At the same time, the development of some emerging markets such as the Middle East, South America and Africa has also achieved results. The phenomenon of setting up factories and acquiring foreign companies abroad has also appeared. For example, Wanxiang Qianchao acquired the US GBC company (mainly supplying universal joints).

In terms of export product categories, mainly based on labor-intensive, low- and medium-tech products, bases, bumpers, wire harnesses, glass, brake pads, clutches, heat sinks, mufflers, and universal joints, which have traditional comparative advantages. Exports account for a high proportion. The export of high-tech components has also developed, but most of the core technologies are still in the hands of large international component manufacturers.

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