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SW.China's Xinjiang border port reports surging vehicle exports in January

By:Belt and Road Portal   Update:2023-02-08
BEIJING, Feb. 7 (Xinhua) – Exports of commercial vehicles of Horgos port, a border port in northwest China's Xinjiang Uygur Autonomous Region, surged 143 percent year on year to 1,020 units in January this year, with export volume amounted to 360 million yuan, soaring 141.58 percent from a year earlier, according to the administrative committee of Horgos comprehensive bonded zone.
 
Meanwhile, a batch of commercial vehicles including mechanical vehicles, trains and new energy vehicles (NEV) from Shanghai, Shandong, Shaanxi and Henan provinces were exported to Kazakhstan from Horgos port on February 4.
 
According to Ma Shaohui, general manager of Horgos Tengyi International Logistics Co., Ltd., a local logistics company in Horgos, the company recorded the export of more than 100 commercial vehicles with a total value of more than 30 million yuan from the Horgos port in January. Ma added that the company is expected to see more vehicles and machinery entering central Asian and European markets through the port in the future.
 
Data from China Association of Automobile Manufacturers (CAAM) shows that, China's automobile import and export increased 11.7 percent year-on-year in 2022, showing the rapid development of China's auto industry.
 
According to the administrative committee of Horgos comprehensive bonded zone, the Horgos port is expected to expand the exports of NEV and complete vehicles, and to develop the bonded zone into a comprehensive auto import and export industry chain integrating bonded logistics, display sales, testing and maintenance, and cultivate new advantages for the regional foreign trade growth.