1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China’s largest exporter of new energy vehicles

According to the Federation of passengers, China’s car exports reached 568000 in May 2024, an increase of 29 per cent year-on-year and 2 per cent month-on-month.

From January to May, China’s car exports reached 2.

45 million units, an increase of 26% over the same period last year.

Among them, the export volume of new energy vehicles reached 207000 in May, an increase of 33 percent over the same period last year.

From January to May, the export volume of new energy vehicles reached 870000, an increase of 29 percent over the same period last year, and the export of new energy passenger vehicles reached 850000, up 31 percent over the same period last year.

98% of the total new energy vehicle exports.

1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles, said that this year, the main driving force is still the improvement of the competitiveness of Chinese products and the small growth in the European and American markets, as well as the full replacement of international brands in the Russian market under the Russian-Ukrainian crisis by Chinese cars, especially the increase in exports brought about by the improvement of the competitiveness of China’s fuel vehicle exports.

From the perspective of the export distribution of China’s automobile market, from January to May, Chinese passenger cars are the main export force, accounting for 85.

7%, of which fuel vehicles account for 59% of passenger car exports, and new energy vehicles account for 41% of Prida, gradually strengthening, while the export volume of plug-in hybrid power is increasing, which is the main reason for the strength of new energy vehicles.

Russia, Brazil and Mexico are the three largest export countries of passenger cars in China from January to May, while Brazil, Belgium and the United Kingdom are the three largest exports of new energy passenger vehicles from January to May.

▍ Russia is the largest exporter of Chinese passenger car companies, 1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles.

Compared with the same period last year, Chinese passenger car companies exported 327000 vehicles in Russia from January to May, up 44% from the same period last year, firmly at the top of the list.

Among them, fuel vehicles are still the main force, with exports exceeding 320000.

exports of pure electric vehicles reached 835, down 68% from the same period last year.

and exports of mixed vehicles reached 2420, up 10% from the same period last year.

In 2024, Chinese exports of new energy vehicles to Russia fell sharply, mainly due to changes in Russian import rules.

Since February 2024, Russia has tightened certification rules for electric and hybrid vehicles that are not on the list of brands that allow parallel imports.

Now, electric vehicles, like internal combustion engine cars, must be certified, which takes longer and higher costs.

Brazil, the United Arab Emirates and Turkey doubled year-on-year, with Brazil rising 665 per cent year-on-year and quickly entering the second place on the list.

the United Arab Emirates rose 104 per cent year-on-year, rising four places to fifth.

and Turkey soared 130 per cent year-on-year and ranked ninth in the top 10.

On the contrary, the export volume of Chinese passenger cars in Saudi Arabia and Thailand declined year-on-year, with Thailand falling 15% year-on-year, ranking 3 places to 10th, and Saudi Arabia down 3% year-on-year, falling 1 place to seventh.

Although Australia’s exports rose 18 per cent year-on-year, they fell four places to eighth.

Spain and the Philippines fell off the list, replaced by Brazil and Turkey.

Chinese car companies exporting to Brazil are mainly Chery, Great Wall, BYD, Jianghuai and BAIC, while Chinese car companies exporting to Turkey are mainly SAIC, Chery, BYD and Najiao.

▍ Brazil overtook Belgium to become the largest exporter of China’s new energy vehicles, 1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles, the new energy passenger vehicle market.

From January to May, the export volume of Chinese new energy vehicles in Brazil reached 130000, a 10-fold increase over the same period last year, surpassing Belgium to become the largest exporter of China’s new energy vehicles.

The new energy car companies that export to Brazil are mainly BYD, Great Wall and Jianghuai.

Sales of new energy vehicles exported to the United Arab Emirates and Uzbekistan doubled year-on-year.

Sales of new energy vehicles exported to Thailand, the UK and Australia fell year-on-year.

Spain, Germany, Israel and the Netherlands dropped out of the list, followed by Brazil, the United Arab Emirates, Mexico and Uzbekistan.

1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles, specific to the pure electric car market, Belgium is the largest exporter of pure electric vehicles in China.

Exports of pure electric vehicles to Brazil doubled year-on-year, ranking second, while sales of pure electric vehicles exported to the United Arab Emirates and South Korea doubled year-on-year, and South Korea soared more than fivefold.

On the contrary, sales of pure electric cars exported to the UK, Thailand, Australia and Spain all declined year-on-year.

Germany, Israel and Slovenia fell out of the list, replaced by Brazil, the United Arab Emirates and South Korea.

1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles, Brazil surged fivefold year on year, surpassing Belgium to become the largest exporter of plug-in hybrid cars in China.

Mexico surged more than 23 times year-on-year and ranked second on the list, while Kyrgyzstan, Kazakhstan and Turkey all soared more than 10 times year-on-year, ranking fourth, eighth and tenth, respectively.

By contrast, sales of plug-in hybrids exported from China to Belgium, Germany and Russia fell year-on-year.

France, the United Arab Emirates, Australia and Spain fell off the list.

Of these, sales of pure electric vehicles exported to Europe from January to May reached 266000, down 15 per cent from a year earlier, and 20, 000 plug-in hybrids, down 36 per cent from a year earlier.

Sales of pure electric vehicles exported to Asia from January to May were 312000, up 31 per cent from a year earlier, and 30, 000 plug-in hybrid vehicles, up 404 per cent from a year earlier.

▍ Shanghai is the city with the largest automobile export volume in China, 1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles.

At present, China’s automobile export volume is mainly distributed in 21 provinces and cities.

Among them, Shanghai is the city with the largest car export volume in China, and the export volume of Shanghai reached 950000 vehicles in 2023, mainly due to the relatively excellent local enterprises in Shanghai, especially SAIC passenger cars and Tesla.

However, since 2024, the export volume of Shanghai has declined, falling to 355000 vehicles from January to May, down 16 percent from the same period last year, of which only 57000 vehicles were exported in May, down 44 percent from the same period last year.

Anhui’s export performance is relatively strong, mainly due to the strong export performance of Chery.

From January to May, Chery’s export volume reached 345000 vehicles, an increase of 35% over the same period last year, and remained at the top of the export list.

Its models Ruihu 7, Ruihu 5X, Oumengda and Ruihu 8 are all among the top 10 export models.

In addition to the decline in the export volume of Shanghai, the export volume of Shandong, Hubei and Henan all declined.

On the contrary, Jiangsu and Shaanxi have some export volume.

Enhanced, doubling year-on-year.

Among them, Jiangsu mainly includes SAIC Chase, a car company with a strong export volume.

Shaanxi mainly includes BYD, Suzhou Jinlong, Shaanxi Automobile and other companies with large export volumes.

1-5 Monthly export list: Brazil soared 10 times, surpassing Belgium to become China's largest exporter of new energy vehicles, in terms of new energy vehicle exports, Shanghai is also the city with the largest export volume of new energy vehicles.

Exports from January to May reached 207,000 units, but a year-on-year decrease of 25%, mainly due to the decrease in Tesla Model 3 and Y exports.

Export volumes in the four provinces of Zhejiang, Hubei, Guangxi and Liaoning also fell year-on-year.

The export volumes of Shaanxi, Jiangxi, Hebei, Anhui, Hunan, Fujian, and Xinjiang all doubled year-on-year, and Shaanxi’s export volume surged more than 13 times year-on-year.

The reason for the surge in export volume is expected to be the surge in BYD’s exports.

1-5 BYD’s exports in January were 176,200 units, a year-on-year increase of 1.

6 times.

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