According to the statistics provided by the customs on import and export, it is edited and compiled by the China Association of Automobile Manufacturers. The analysis of the import and export of engine parts and components in October 2011 is as follows:
First, the export of engine parts and components
In October 2011, the export value of engine component products was 383 million U.S. dollars, an increase of 26.07% over the same period of last year.
From January to October, the cumulative export value of engine parts and components was US$3.971 billion, an increase of 34.11% over the same period of last year.
In the January-October period, engine component products were exported to major countries: the United States, Japan, Germany, South Korea, and the United Kingdom.
II. Imports of engine parts and components
In October 2011, the import value of engine component products was US$327 million, an increase of 23.84% over the same period of last year.
From January to October, the import value of engine component products was 3.678 billion U.S. dollars, an increase of 28.12% over the same period of last year.
In January-October, engine component products were imported into major countries: Japan, Germany, South Korea, the United States, and Mexico.
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