Chinese exports have declined by 10% over the 7 first months of 2013
 

As we saw previously imports in China fell by 10% during the first half of 2013, Chinese auto exports have also declined by 10% over the first seven months of the year, to 640,000 units, without there being a link between the two phenomena.


Let us remember that these Chinese exports represent only 5% of the total automobile production in the country (about one million units) and only represents 1% of automobile exports in the world.


In comparison, Germany, Japan and Korea export more than 50% of their total production.


The most obvious explanation for this phenomenon is that Chinese manufacturers are too busy to respond to the demand (which is large and growing) in China, and secondly those who tried to implement themselves in foreign markets (especially independent Chinese manufacturers) fail to impose themselves on the global market where competition is fierce.


We need to point out that it only took China 11 years to reach the threshold of one million vehicles exported. Yet it took 15 to 20 years for Japan, Korea and Germany to achieve the same volumes.


The average price of Chinese cars exported amounted to $ 13 000, which represents 60% of the average price of Korean cars exported, and 40% of the Japanese cars exported and 30% of the price of German cars exported.

 
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