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For a long time, Japan was the leader in terms of the number of cars exported, ahead of Germany and South Korea. However, now it looks like China will take the top spot. According to news site Nikkei Asia, the country exported 4.41 million cars between January and November 2023, up 58% compared to the same period in 2022.
On the contrary: Japan exported “only” 3.99 million cars in the same 11 months last year. We’ll have to wait and see what the numbers will look like for the whole of 2023, but China’s lead of more than 400,000 over Japan is quite large.
Neither Europe nor the USA, two traditionally very large automotive markets, have so far contributed significantly to the growth of Chinese exports. But between January and October 2023 alone, more than a million cars went from China to Russia and Mexico.
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In Russia, which was quickly abandoned by European car manufacturers after the outbreak of war in Ukraine, China seized the opportunity to saturate the market, delivering 730,000 cars in 10 months of 2023 – seven times more than in 2022. In This was the case in Mexico, an increase of 71% to 330,000 cars. In addition, this Central American country is not the only destination for Chinese-made cars – Chinese automakers want to start producing cars in Mexico to more easily reach the American market, according to the website Carscoops.
However, it is not only Chinese brands that export their cars beyond the borders of this huge communist country. Tesla, BMW, Volvo and Buick cars are also made in China. Volvo, owned by Chinese carmaker Geely, also exports Chinese-made cars to Europe.
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