Japan August trade deficit seen at near 9-year high as weak yen boosts imports

[REhorror]

if its not deeply involving chinese feeling deeply betryed and hurt, they wont get that emotional, its human natural to be that way.

I have seen chinese blogs angrily criticizing women wearing kimono in China, or even recently the Beijing station's traditional art to look too much like japanese.
So I say nope, the more emotional, the more fake, especially in the online sphere.

 

[MH.Yang]

Countries Generating Biggest Surpluses from Global Trade of Cars in 2021

1.Japan: US$74 billion (net export surplus up 4.6% since 2020)
2.Germany: $72.4 billion (up 28.2%)
3.Mexico: $32.4 billion (down -4.9%)
4.South Korea: $31.4 billion (up 33.1%)
5.Slovakia: $24.3 billion (up 10%)
6.Czech Republic: $18.6 billion (up 10.3%)
7.Spain: $18.6 billion (up 5.3%)
8.Thailand: $9.4 billion (up 31.7%)
9.Hungary: $8.6 billion (up 6.6%)
10.India: $5.2 billion (up 16.3%)

Countries Incurring Worst Deficits from Global Trade of Cars

1.United States: -US$93.5 billion (net export deficit down -6.3% since 2020)
2.China: -$26.4 billion (down -24.5%)

Link: https://www.worldstopexports.com/car-exports-country/

@VkdIndian @Black Tornado @beijingwalker @Beast @etylo @Cheepek @Raj-Hindustani @LakeHawk180 @Two banks of the River @Bilal9

It's 2022 now.

 

[Black Tornado]

We'll see

Tidal wave of China made cars is going to take over the global car market

Future tense eh?

 

[beijingwalker]

Future tense eh?

present tense

China fast becoming leading vehicle exporting nation​

As well as having a big domestic market to target, Chinese OEMs are rapidly developing export business.
April 26, 2022

China is fast becoming one of the world’s major vehicle exporting countries, with overseas shipments continuing to surge in the first two months of 2022 – by 75% to 410,000 units according to data compiled by the China Automotive Manufacturers Association (CAAM).

This followed an exceptional year in 2021, when exports more than doubled to just over two million units, making China the third-largest vehicle exporting nation behind only Japan with 3.82 million units and Germany with 2.3 million units. It overtook South Korea, which exported just 1.52 million vehicles last year.

Admittedly, this data does not take into account the vast overseas production capacity that underpins the global presence of leading automakers such as Toyota, Volkswagen and Hyundai-Kia, but it is indicative of the growing global ambitions of leading Chinese vehicle manufacturers.

After three years of declining domestic sales, between 2018 and 2020, Chinese vehicle manufacturers have focused increasingly on growth opportunities overseas. Prior to this, they were struggling to keep up with uninterrupted domestic demand growth for the best part of two decades, since China joined the WTO at the end of 2001, with domestic sales peaking at just under 29 million units in 2017.

China’s main export thrust so far has been in emerging markets, particularly neighbouring Asia-Pacific countries, Middle-East and Africa and Latin America, in line with the Government’s belt-and-road policy and where cost often took precedence over quality. In the last several years leading automakers such as SAIC Motor, Chery, Great Wall Motors and Geely have been busy establishing production networks to help underpin their expansion into these markets.

In the last decade leading Chinese vehicle manufacturers and their suppliers have also invested heavily in product quality and in-house technologies, allowing them to move up the automotive “food-chain” significantly. More recently, their increased focus on developing leading edge features such as connected and autonomous technologies and electric and hybrid powertrains is beginning to open up new opportunities in developed markets globally.


Last year exports of new energy vehicles, comprising mainly electric and hybrid vehicles, from China surged fourfold to 310,000 units as automakers began to target more developed markets, including Europe. Admittedly around half of these were produced at Tesla’s Shanghai Gigafactory, but domestic startups such as Nio, Li Auto and Xpeng and the more established automakers including SAIC Motor, Geely, Chery and Great Wall are also beginning to take on leading global brands in their own domestic markets.

Major Chinese Exporters


SAIC Motor is China’s largest vehicle producer and also its largest exporter. Last year its overseas sale increased by 79% to 697,000 vehicles, including 598,000 exports and a further 99,000 vehicles produced at its overseas production plants. In Europe it sold 73,000 MG and Maxus branded vehicles, including 40% NEVs, with the UK, France, Germany and Sweden its main markets. The company is targeting 120,000 sales in Europe in 2022.

Chery Automobile is one of China’s largest exporters, with shipments to overseas markets surging by over 136% to 269,154 units last year – to markets in Europe, Asia-Pacific, Africa and South America. Its global sales rose by 32% to 961,926 units.

Great Wall Motors sold a total of 1,280,993 vehicles globally in 2021, of which 142,793 were delivered to overseas clients – mainly in markets in the Asia-Pacific, Africa and South America. Most of these were exports from China, although the company began local production in Thailand the fourth quarter of 2021.

Geely exported a total of 115,000 vehicles last year, mainly to developed markets such as Europe where it sells electric and plug-in hybrid electrics. This does not include overseas sales of subsidiaries and joint ventures such as Volvo Cars and Proton. Including domestic sales, Geely sold a total of 1.33 million units last year.

China fast becoming leading vehicle exporting nation - Just Auto

Chinese vehicle makers are rapidly developing export markets.

www.just-auto.com

 

[beijingwalker]

The first half of 2022 hasn’t ended, and yet, China’s vehicle export volume has already exceeded one million units, a year-on-year growth of more than 40%. From January to May, the export volume was 1.08 million units, a year-on-year increase of 43%, according to the General Administration of Customs of China.

In May, 230,000 Chinese vehicles were exported, a year-on-year increase of 35%. More specifically, China exported 43,000 new energy vehicles (NEVs) in May, a year-on-year increase of 130.5%, according to the China Association of Automotive Manufacturers (CAAM). From January to May, China exported a total of 174,000 NEVs, a year-on-year increase of 141.5%.

Compared with the 12% decline in Chinese domestic vehicle sales from January to May this year, such export performance is rather exceptional.

China Exported Over 2 Million Vehicles In 2021​

In 2021, Chinese car export rose 100% year-on-year to a record 2.015 million units, making China the world’s third-largest vehicle exporter last year. Passenger vehicles, commercial vehicles, and NEVs accounted for 1.614 million, 402,000, and 310,000 units, respectively, according to CAAM.

Compared to Japan and Germany, Japan ranked first, exporting 3.82 million vehicles, followed by Germany with 2.3 million vehicles in 2021. 2021 was also the first time that China’s car exports exceeded 2 million units. In previous years, China’s annual export volumes were around 1 million units.

 

[Cheepek]

Countries Generating Biggest Surpluses from Global Trade of Cars in 2021

1.Japan: US$74 billion (net export surplus up 4.6% since 2020)
2.Germany: $72.4 billion (up 28.2%)
3.Mexico: $32.4 billion (down -4.9%)
4.South Korea: $31.4 billion (up 33.1%)
5.Slovakia: $24.3 billion (up 10%)
6.Czech Republic: $18.6 billion (up 10.3%)
7.Spain: $18.6 billion (up 5.3%)
8.Thailand: $9.4 billion (up 31.7%)
9.Hungary: $8.6 billion (up 6.6%)
10.India: $5.2 billion (up 16.3%)

Countries Incurring Worst Deficits from Global Trade of Cars

1.United States: -US$93.5 billion (net export deficit down -6.3% since 2020)
2.China: -$26.4 billion (down -24.5%)

Link: https://www.worldstopexports.com/car-exports-country/

@VkdIndian @Black Tornado @beijingwalker @Beast @etylo @Cheepek @Raj-Hindustani @LakeHawk180 @Two banks of the River @Bilal9

China's car industry is fuelled by subsidies anyway so no comparison.

 

[Bilal9]

That means China is non competitive in automotive industry because you guys simply don't have well diversed supply chain for car manufacturing

Please don't embarrass yourself - educate yourself first. China's automotive supply chain and backward integration is far and away deeper than anything globally and they achieved that status in record time. India is a relative newcomer in auto manufacturing.

@beijingwalker brother why don't you educate this Indian with shop floor images of China's best vehicle factories. He is clueless.

 

[Indos]

Please don't embarrass yourself - educate yourself first. China's automotive supply chain and backward integration is far and away deeper than anything globally and they achieved that status in record time. India is a relative newcomer in auto manufacturing.

@beijingwalker brother why don't you educate this Indian with shop floor images of China's best vehicle factories. He is clueless.

Toyota cars produced in India uses engine made in Indonesia

Global Manufacturing Company | Manufacturing Product

www.toyota.co.id

Engine Technology | PT. Toyota Astra Motor | Mobil Terbaik Keluarga Indonesia

Engine Desired driving performance

www.toyota.astra.co.id

 

[Lava820]

Please don't embarrass yourself - educate yourself first. China's automotive supply chain and backward integration is far and away deeper than anything globally and they achieved that status in record time. India is a relative newcomer in auto manufacturing.

@beijingwalker brother why don't you educate this Indian with shop floor images of China's best vehicle factories. He is clueless.

@Black Tornado @VkdIndian @Cheepek

 

[Lava820]

Toyota cars produced in India uses engine made in Indonesia

View attachment 878744

Global Manufacturing Company | Manufacturing Product

www.toyota.co.id

The engine for Innova Crysta is now manufactured locally. Almost 85 per cent of the components used in the engine are locally manufactured. We have gradually increased localisation in gear boxes and other critical components

Avertissement de redirection

 

[Black Tornado]

The engine for Innova Crysta is now manufactured locally. Almost 85 per cent of the components used in the engine are locally manufactured. We have gradually increased localisation in gear boxes and other critical components

Avertissement de redirection

We’re one of the largest exporters of auto components bruh

 

[Indos]

Countries Generating Biggest Surpluses from Global Trade of Cars in 2021

1.Japan: US$74 billion (net export surplus up 4.6% since 2020)
2.Germany: $72.4 billion (up 28.2%)
3.Mexico: $32.4 billion (down -4.9%)
4.South Korea: $31.4 billion (up 33.1%)
5.Slovakia: $24.3 billion (up 10%)
6.Czech Republic: $18.6 billion (up 10.3%)
7.Spain: $18.6 billion (up 5.3%)
8.Thailand: $9.4 billion (up 31.7%)
9.Hungary: $8.6 billion (up 6.6%)
10.India: $5.2 billion (up 16.3%)

Countries Incurring Worst Deficits from Global Trade of Cars

1.United States: -US$93.5 billion (net export deficit down -6.3% since 2020)
2.China: -$26.4 billion (down -24.5%)

Link: https://www.worldstopexports.com/car-exports-country/

@VkdIndian @Black Tornado @beijingwalker @Beast @etylo @Cheepek @Raj-Hindustani @LakeHawk180 @Two banks of the River @Bilal9

Countries Generating Biggest Surpluses from Global Trade of Cars​

The following countries posted the highest positive net exports involving international car sales for 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s car exports and its import purchases for that same commodity.

1. Japan: US$74 billion (net export surplus up 4.6% since 2020)
2. Germany: $72.4 billion (up 28.2%)
3. Mexico: $32.4 billion (down -4.9%)
4. South Korea: $31.4 billion (up 33.1%)
5. Slovakia: $24.3 billion (up 10%)
6. Czech Republic: $18.6 billion (up 10.3%)
7. Spain: $18.6 billion (up 5.3%)
8. Thailand: $9.4 billion (up 31.7%)
9. Hungary: $8.6 billion (up 6.6%)
10. India: $5.2 billion (up 16.3%)
11. Turkey: $2.8 billion (up 66.5%)
12. Indonesia: $2.6 billion (up 26.7%)
13. Sweden: $2.51 billion (down -14.6%)
14. Romania: $2.47 billion (down -19.2%)
15. South Africa: $2.2 billion (down -13.2%)

Car Exports by Country 2023

Searchable database of exported cars by country in 2023 plus average prices from selected countries

www.worldstopexports.com

Combination of Indonesia and Turkey with population about 1/4 India is still win...

 

[Indos]

The engine for Innova Crysta is now manufactured locally. Almost 85 per cent of the components used in the engine are locally manufactured. We have gradually increased localisation in gear boxes and other critical components

Avertissement de redirection

What kind of data is that ? Bring the official website to back up your claim dude

We’re one of the largest exporters of auto components bruh

Can you show the Indian component manufacturer official Youtube channel to back your claim ?

This are example of biggest ones from Indonesia which are local companies

 

[Lava820]

What kind of data is that ? Bring the official website to back up your claim dude



Can you show the Indian component manufacturer official Youtube channel to back your claim ?

This are example of biggest ones from Indonesia which are local companies

Indian auto component industry grows 23% in FY22, clocks highest-ever turnover

Indian auto component market has registered increased sales in both domestic and export markets in the FY22.

www.google.com

 

[Cheepek]

@Black Tornado @VkdIndian @Cheepek

Keeping the fact in mind that Lungideshis can't even afford cars, forget their manufacturing and production, now read the Lungideshi's reply again with a straight face.