According to statistics provided by the customs on imports and exports, compiled by the China Association of Automobile Manufacturers, the import and export of engine parts and components in October 2010 is analyzed as follows:
First, the export of engine parts and components
In October 2010, the export value of engine component products was US$303 million, an increase of 31.28% over the same period of 2009.
From January to October, the cumulative export value of engine parts and components was 2.961 billion U.S. dollars, an increase of 52.62% over the same period of 2009.
In the January-October period, engine component products were exported to major countries: the United States, Japan, Germany, South Korea, and the United Kingdom.
II. Imports of engine parts and components
In October 2010, the import value of engine component products was US$264 million, an increase of 17.07% over the same period of 2009.
From January to October, the export value of engine component products was 2.871 billion U.S. dollars, an increase of 57.75% over the same period of 2009.
From January to October, engine components were mainly imported from Japan, Germany, South Korea, the United States, and Hungary.
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