From January to November 2007, China's domestic vehicle exports saw a significant rise, reaching a cumulative total of 533,300 units—an impressive 71.78% increase compared to the same period in 2006 (31,160 units). The trade volume for these exports amounted to $6.329 billion, marking a remarkable 125.7% growth from the previous year’s $2.804 billion. Within this figure, commercial vehicles accounted for 307,300 units, reflecting a 39.7% increase over the same period in 2006 (22.0 million units), with a trade value of $4.522 billion, up by 110.6% from $2.147 billion.
The main export markets for Chinese automobiles included Russia, the Middle East, Central Asia, and North Africa. Among these, Russia emerged as the largest single market for Chinese vehicle exports. Commercial vehicle exports were primarily directed to Syria, Russia, South Africa, Vietnam, and Iran, while the top five countries by trade volume were Russia, Iran, Kazakhstan, Vietnam, and Algeria.
In 2007, the implementation of three new policies aimed at regulating automobile exports helped bring order to the sector and promote sustainable growth. By 2007, the number of registered auto export companies had dropped significantly—from 1,025 in 2005 and 1,175 in 2006 to just 600 in 2007. This reduction reflected improved oversight and stricter regulations.
The "New Deal" also boosted the profitability of domestic auto exports. Between January and November 2006, the average export price of passenger cars was approximately $12,024.45, a 33.65% increase from the previous year’s average of $8,991.00. Meanwhile, the average price of special-purpose vehicles rose to around $14,715.07, up 50.77% from $9,762.40.
During the same period in 2007, commercial vehicle exports showed strong performance. Passenger car exports totaled 38,000 units, while special-purpose vehicles reached 11,300. The export of truck chassis was 16,100 units. However, the majority of commercial vehicle exports—244,200 units—were ordinary trucks, accounting for 78.74% of the total 307,700 vehicles exported. This highlights the growing dominance of truck exports in the market.
Tractor exports surged dramatically, with 13,689 units exported between January and November 2007—208.2% of the 2006 total of 6,575 units. The trade volume reached $463 million, which was 349.2% of the full-year 2006 figure of $343.3 million. The average export price per tractor was about $33,818.36, a 67.7% increase from the 2006 average of $4.66 million.
Ordinary trucks also experienced substantial growth. A total of 217,500 units were exported between January and November 2007, representing 140% of the 2006 total of 155,400 units. The trade volume reached $1.952 billion, which was 160.86% of the 2006 total of $999 million. Trucks with a capacity under 5 tons remained highly competitive in overseas markets, with 171,100 units exported—78.68% of the total. Export volumes for heavy trucks (over 20 tons) increased by 310.5%, reaching 20,200 units, with a trade volume of $746 million—a 364.9% increase from the previous year.
Dump truck exports also saw a significant rise, with 10,720 units exported between January and November 2007—139.7% of the 2006 total of 7,673 units. The trade volume reached $355 million, which was 184% of the 2006 total of $192 million.
Automobile chassis exports totaled 16,100 units, generating $87.036 million in trade. These chassis were mainly used for trucks weighing 14 tons and larger buses, showing a competitive edge in the international market.
Special-purpose vehicles, although experiencing rapid growth, remained a weaker segment in the domestic truck export industry. From January to November 2007, 11,270 special-purpose vehicles were exported, a 278.75% increase from the 2006 total of 4,043 units. The trade volume reached $677 million, which was 260.78% of the 2006 total of $3.32 billion. Cranes, cement mixers, and non-aviation power cars with capacities up to 50 tons were among the top-selling models.
For more insights, explore **Commercial Vehicle Export Analysis**.
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