Exports In 2020, China exported $9.22B in Cars, making it the 17th largest exporter of Cars in the world. At the same year, Cars was the 59th most exported product in China. The main destination of Cars exports from China are: United States ($1.29B), Saudi Arabia ($1.1B), Russia ($456M), Germany ($408M), and Australia ($390M).
The fastest growing export markets for Cars of China between 2019 and 2020 were Norway ($296M), Belgium ($235M), and Saudi Arabia ($227M).
Imports In 2020, China imported $42B in Cars, becoming the 3rd largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in China. China imports Cars primarily from: Germany ($16.7B), Japan ($8.69B), United States ($6.24B), United Kingdom ($3.56B), and Slovakia ($1.98B).
The fastest growing import markets in Cars for China between 2019 and 2020 were Japan ($1.17B), Slovakia ($420M), and Thailand ($283M).
Tariffs In 2018, the average tariff for China in Cars was 24.6%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).