Summarize：According to China’s Association of Automobile Manufacturers (CAAM), China exported 1.024 million units automobiles in 2019, down by 1.6% year on year.
In 2019, China’s export volume of buses & coaches approached 63,000 units, up by 12.0% year on year.
Table 1 Bus & Coach Exports from 2015 to 2019
| |
2015 |
2016 |
2017 |
2018 |
2019 |
| Export volume |
62,000 |
59,000 |
57,000 |
56,100 |
63,000 |
| Growth rate |
-31.0% |
-4.8% |
-3.5% |
-1.57% |
12.0% |
In 2019, the total export volume of buses accounted for 13.3% of total sales volume of buses, 1.7 percentage points higher than that in the previous year. In addition, the growth rate of bus exports is 14.3 percentage points higher than that of bus sales in China.
Table 2 Export Volume of Large-, Medium-, and Small Buses in 2019
| |
Large buses |
Medium buses |
Small buses |
Total |
| Export volume |
18,000 |
6,000 |
39,000 |
63,000 |
| Growth rate |
13.6% |
22.0% |
9.35% |
12.0% |
| Composition |
28.57% |
9.52% |
61.9% |
100.0% |
Table 3 Sales Revenue of New Energy Buses in the Overseas Market
| |
Electric buses |
Hybrid buses |
New Energy buses |
| 2019 |
361,101,000 USD |
23,080,000 USD |
384,181,000 USD |
| 2018 |
165,491,000 USD |
7,773,000 USD |
173,264,000 USD |
Table 4 Export Volume of New Energy Buses in the Overseas Market
| |
Electric buses |
Hybrid buses |
New Energy buses |
| 2019 |
1,500 |
150 |
1,650 |
| 2018 |
706 |
80 |
786 |
In recent years, China’s new energy buses have successfully made their way to Israel, Netherlands, South Korea, France, Britain, Spain, Japan, India, Argentina, etc. As of 2019, BYD made up over 20% of new energy bus market in Europe, ranking the first place. In addition, the exports of buses in Asia, Africa and Latin America accounted for 90% of the total export volume. The sales revenue in the three continents made up 88.7% of the total sales revenue in the overseas market.
Table 5 Engines mounted on buses exported to the overseas market
| |
Yuchai |
4RB2 |
Weichai |
Shangchai |
Cummins |
3TZ |
Chaochai |
| Composition |
22.3% |
14.2% |
11.4% |
7.8% |
7.5% |
6.9% |
6.2% |
| |
4G69N |
NG |
New Energy |
Others |
|
|
|
| Composition |
6.0% |
8.1% |
2.6% |
7.0% |
|
|
|
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