Foshan Customs: Local auto parts imported from Japan dropped by more than 60%

Recently, Foshan Customs released statistics on import and export in April. Affected by the March earthquake in Japan, the total value of Foshan's trade with Japan last month was 310 million U.S. dollars, a year-on-year decrease of 18.2%. Import impact is particularly prominent, and Foshan's auto parts companies are particularly affected. According to statistics, the total amount of automobile parts imported from Japan from Japan fell by 65.2% month-on-month in April.

The reporter learned from Foshan Customs that in April, the number of imported automobile parts from Foshan fell by 65.2% from March, and the most important part of the transmission parts was down by 66.7%.

According to the analysis of Foshan Customs, Foshan is a major auto parts production base for Japanese cars. Among them, 97.6% of auto parts required for auto parts manufacturers in Nanhai are imported from Japan. “Most parts needed by Japanese companies including Nanhai Honda are also Imports from Japan.Suspending or delay in the supply of imported auto parts will inevitably affect the production of auto parts in Foshan. If Japanese companies fail to resume normal production as soon as possible, local Japanese companies will face the problem of non-supply of auto parts after their inventories have fallen.”

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