China Auto Association: August Auto Parts Imports Reach 1.34 Billion USD, Down 7.2% Month-on-Month and 34.7% Year-on-Year
Stock News
Yesterday
According to customs data compiled by the China Association of Automobile Manufacturers, in August, the import value of auto parts products reached 1.34 billion USD, a decrease of 7.2% month-on-month and a decline of 34.7% year-on-year.
From January to August 2026, the cumulative import value of auto parts products amounted to 12.59 billion USD, down 11.8% year-on-year.
According to customs data compiled by the China Association of Automobile Manufacturers, in August, the export value of auto parts products reached 9.03 billion USD, a decrease of 3.3% month-on-month and a growth of 7.5% year-on-year.
From January to August 2026, the cumulative export value of auto parts products reached 69.39 billion USD, up 8.4% year-on-year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.