Posted on January 12, 2024

China’s car exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%.

The increase in exports, to 4.1 million according to the China Association of Automobile Manufacturers, may push China past Japan as the world’s number one exporter of cars. Japan exported 3.6 million cars in the first 11 months of the year, with a final tally expected on Jan. 31.

Chinese car manufacturers have aggressively expanded exports in search of growth missing at home as China’s economy slows.

Poland export logistics Turkey exports China Pakistan Spain India air freight Finland exports Brexit Hong Kong EU freight waste China Denmark South Africa USA containers Switzerland Germany logisitics Vietnam rail freight Covid-19 exporters Ireland cargo Sweden freight forwarding Swedish freight forwarders italy Canada Seafreight Gothenburg Australia Norway wine shipping imports Sweden freight Japan U.S.A Netherlands container Freight Shipping France