This new fact sheet provides a comprehensive overview of EU-China automobile trade, as well as production by EU car manufacturers in China.
Key takeaways:
- Today, the European Union is the biggest exporter of passenger cars to China, accounting for 53.3% of total Chinese car imports by value.
- The other way around, China is the second main destination for EU-built passenger cars: 17.5% of the total value of EU car exports heads for China.
- In 2018, EU-owned automobile manufacturers made almost 6 million passenger cars in China, accounting for nearly 25% of total Chinese car production.
- Chinese-owned companies produced 422,632 passenger cars in the EU last year, at five production plants in Bulgaria, Belgium, Sweden and the United Kingdom.
Please click here to view the full report.
SOURCE: ACEA
