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09-02-2007 According
to a report from the China Chamber of Commerce for Import and Export of Machinery
and Electronic Products, in the first 11 months of 2006, China exported 284,000
units of complete vehicles (including completely knocked down kits and excluding
vehicle chassis with engines), up 97 percent year on year, with a total export
value of US$2.75 billion, up 101.2 percent year on year. Sedan export
volume reached 86,000 units with a total export value of US$570 million, up 228.8
and 163.16 percent year on year, accounting for 30 and 21 percent respectively
of China's total vehicle exports and export value. Major export targets
for "Made-in-China" vehicles are Asian, African and European countries.
In the first 11 months of 2006, China exported vehicles to 192 countries and regions.
The top five export destinations in terms of export value were Russia (US$295
million), Iran (US$210 million), Belgium (US$180 million), Syria (US$175 million)
and Algeria (US$150 million). Exports to Russia grew 300 percent from the same
period in 2005.
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