Chinese Auto Exports Fell Below 900,000 Vehicles in 2014

According to China’s General Administration of Customs, auto exports from the country dropped 2.8% from 2013 to 897,000 units last year. In terms of value, however, sales overseas increased 4.6% to 12.53 billion US dollars. The average vehicle exported sold for 13,967 US dollars, 7.7% higher than in 2013.

Sedans accounted for 41.3% of the exports in 2014, with 371,000 units shipped overseas and an average vehicle price of 7,908 US dollars. 33% of the exports were trucks, 11.1% mini vans (with 9 or fewer seats), 0.6% 4WD SUVs.

Sector Export Quantity Growth on year in quantity (%) Export Value (million USD) Growth on year in value (%) Average vehicle price (USD) Growth on year in average price (%)
Total 897,000 -2.8 12,530 4.6 13,967.3 7.7
–sedan 371,000 -12.5 2,930 -5.5 7,907.9 8
–truck 296,000 3.8 3,900 3.2 13,144.5 -0.6
–mini van 99,000 -3.5 830 0.8 8,364.2 4.5
–4WD SUV 5,000 70.9 80 87.3 15,863.9 9.6

87.5% of the 2014 exports went to developing countries in Asia, Africa, and Latin America. Iran surpassed Algeria to become the largest overseas market of China-made automobiles, with sales surging 113.8% on year to 109,000 units.

Top Export Markets Quantity Growth on year in quantity (%) Value (million USD) Growth on year in value (%) Average vehicle price (USD)
Iran 109,000 113.8 1,060 115.2 9,659.6
ASEAN 83,000 25.7 1,740 12.3 20,934.9
Algeria 82,000 -29.5 850 2.6 10,460.8
Russia 62,000 -31 720 -23.8 11,705.7
Egypt 53,000 49.8 310 53.7 5,867.7
Columbia 47,000 25.3 330 22.2 7,067.8
Chile 40,000 -49.4 340 -49.1 8,586.7
Saudi Arabia 31,000 30.8 690 49.6 22,247.5
Venezuela 31,000 40.5 610 102.4 19,790.8
Vietnam 31,000 76.3 610 98.4 19,779.6