Within the first quarter of 2025, China imported 95,000 automobiles, a year-on-year lower of 39%, in line with Cui Dongshu, secretary common of the China Passenger Automobile Affiliation (CPCA). Specifically, 39,000 automobiles had been imported in March, a lower of 27%. China’s automobile import quantity has continued to say no at a mean annual fee of about 8% from 1.24 million automobiles in 2017 to 800,000 automobiles in 2023. In 2024, the variety of imported automobiles was 700,000, a year-on-year lower of 12%.
The demand for imported automobiles largely got here from luxurious vehicles, whereas non-luxury imported vehicles have shrunk dramatically. Moreover, passenger vehicles accounted for 98% of the import quantity within the first quarter. Amongst them, 40,000 sedans had been imported, accounting for 43%; and 27,000 AWD SUVs had been imported, accounting for 29%. The brand new vitality passenger automobile imports have additionally declined. 1,345 and 1,078 BEV and PHEV passenger automobiles had been imported, down 82% and 77%, respectively.
Rating | Nation | Imported Car Quantity |
1 | Japan | 30,517 |
2 | Germany | 23,695 |
3 | Slovakia | 17,733 |
4 | United States | 8,871 |
5 | United Kingdom | 8,371 |
6 | Mexico | 1,443 |
7 | Sweden | 1,371 |
8 | Austria | 695 |
9 | South Korea | 359 |
10 | Italy | 266 |
Breaking it down by nations, China continued to import essentially the most variety of automobiles from Japan, then Germany, adopted by Slovakia. The most important quarterly enhance in contrast with Q1 2024 was from Slovakia (1,931 automobiles), Belgium (98 automobiles), Poland (85 automobiles), Vietnam (40 automobiles), and Spain (23 automobiles). Earlier this month, China imposed a 25% tariff on vehicle imports from the USA. With the continuing commerce struggle nonetheless taking part in out between China and the USA, the import rating is anticipated to shift for the USA.
Rating | Nation | Imported Car Quantity |
1 | Japan | 17,503 |
2 | Germany | 6,828 |
3 | Slovakia | 6,485 |
4 | United Kingdom | 3,937 |
5 | United States | 2,350 |
6 | Mexico | 518 |
7 | Sweden | 353 |
8 | Austria | 157 |
9 | Poland | 154 |
10 | South Korea | 153 |
For March, the most important enhance in comparison with March 2024 was from Slovakia (401 automobiles), Japan (300 automobiles), Poland (107 automobiles), South Korea (60 automobiles), and Belgium (29 automobiles).
Supply: Cui Dongshu