China imported 30517 vehicles from Japan, 23695 from Germany, 17733 from Slovakia, in Q1 2025

Within the first quarter of 2025, China imported 95,000 autos, a year-on-year lower of 39%, in response to Cui Dongshu, secretary normal of the China Passenger Automotive Affiliation (CPCA). Specifically, 39,000 autos had been imported in March, a lower of 27%. China’s car import quantity has continued to say no at a median annual fee of about 8% from 1.24 million autos in 2017 to 800,000 autos in 2023. In 2024, the variety of imported autos was 700,000, a year-on-year lower of 12%.

The demand for imported autos principally got here from luxurious automobiles, whereas non-luxury imported automobiles have shrunk dramatically. Moreover, passenger automobiles 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 car imports have additionally declined. 1,345 and 1,078 BEV and PHEV passenger autos had been imported, down 82% and 77%, respectively.

Breaking it down by nations, China continued to import essentially the most variety of autos from Japan, then Germany, adopted by Slovakia. The most important quarterly enhance in contrast with Q1 2024 was from Slovakia (1,931 autos), Belgium (98 autos), Poland (85 autos), Vietnam (40 autos), and Spain (23 autos). Earlier this month, China imposed a 25% tariff on car imports from the US. With the continuing commerce struggle nonetheless enjoying out between China and the US, the import rating is anticipated to shift for the US.

For March, the most important enhance in comparison with March 2024 was from Slovakia (401 autos), Japan (300 autos), Poland (107 autos), South Korea (60 autos), and Belgium (29 autos).

Supply: Cui Dongshu