According to statistics provided by the customs on imports and exports, edited by the China Association of Automobile Manufacturers, the analysis of the import and export of engine parts and components in June 2011 is as follows:
First, the export of engine parts and components
In June 2011, the export value of engine component products was US$422 million, an increase of 26.08% over the same period of 2010. From January to June, the accumulative export value of engine components and products was 2.302 billion U.S. dollars, an increase of 38.45% over the same period of 2010. From January to June, engine components exported to major countries: the United States, Japan, Germany, the United Kingdom, and Vietnam.
II. Imports of engine parts and components
In June 2011, the import value of engine component products was US$356 million, an increase of 25.23% over the same period of 2010. From January to June, the export value of engine component products was US$2.223 billion, an increase of 28.49% over the same period of 2010. From January to June, engine components were imported from major countries: Japan, Germany, South Korea, the United States, and France.
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