Hebei's automobile and parts exports are growing first

In January this year, the export of automobiles and components in Hebei Province increased for the first time after a few months of decline. According to statistics, in January, the province's automobiles (including spare parts) and parts and components were exported for a total of 52.79 million U.S. dollars, a 10.5% increase from the previous month.

Since the implementation of the new imported automobile certification system on July 1 last year, the export of cars from Russia to Russia began to shrink dramatically. On January 1 of this year, Russia increased its import tariffs on automobiles. In addition, the local economic environment continued to deteriorate. In January, Hebei Province exported only 5 vehicles to Russia, a decrease of 1,411 vehicles compared to the same period last year. In contrast to the Russian market, Hebei Province’s auto exports to the Democratic Republic of Congo, Iraq and Kuwait, and other Asian and African countries have grown rapidly, and the Asian and African markets have become a new growth point for Hebei’s auto exports.

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