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2010 China`s Import and Export of Motor Vehicles and Parts Show a Trade Deficit.
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2010-11-29

According to the data from  General Administration of Customs of the People`s Republic of China, China`s import and export amount of motor vehicles (parts included) cumulated to US$7.8148 billion in the first three quarters. The import amount  increased  90.59 %, totaled to USD4.0781 billion while the export achieved USD3.7367 billion with growing 44.94%  compared to the last same quarters. The import amount was 9% higher than export with USD3.4 billion trade deficit. Since motor vehicles and parts belong to the extensive item in the China`s motors products, the margin between import and export, if just veiwing the whole motor vehicle, would be of greater magnitude.

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