China’s Auto Exports Surge 43.2% in First Two Months

What’s new: China exported 682,000 vehicles in the first two months of 2023, a 43.2% increase from the same period last year, China Customs reported Tuesday.

The value of the vehicle exports increased 78.9% to 96.83 billion yuan ($13.91 billion), the data showed. During the period, China imported 106,000 vehicles, down 30% from a year earlier. The import value decreased 17.5% to 49.47 billion yuan.