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An Analysis on China's Bus Export from Jan. to Apr. 2014
2014-05-26 Source：www.chinabuses.org
Summarize：According to sources, in the first four months this year, China exported 25,329 buses, up by 46.16% year on year, valued at 762 million USD, up by 34.91%.
According to sources, in the first four months this year, China exported 25,329 buses, up by 46.16% year on year, valued at 762 million USD, up by 34.91%. Iraq is the No.1 export destination with 4,492 buses, up by 379.11% over the same period last year. In terms of export volume and export value, Bolivia ranked the first, which saw 751.52% and 369.41% year-on-year growth respectively.
China's Top Ten Export Destinations from Jan. to Apr., 2014
Export Destination
Volume (Unit)
Value (USD)
Apr.
Jan. - Apr.
Growth Rate
(%)
Apr.
Jan. - Apr.
Growth Rate
(%)
Iraq
500
4,492
379.11
6,450,000
35,344,681
208.14
Egypt
1,355
4,128
3.23
9,454,310
21,992,915
-2.95
Nigeria
30
1,797
101.8
372,350
23,744,838
169.71
Peru
402
1,530
-9.54
5,134,108
22,907,119
-42.67
Vietnam
384
1,317
118.1
6,975,922
17,707,906
109.73
Angola
418
1,231
500
8,017,480
19,212,143
139.92
Venezuela
315
998
-
27,130,437
103,679,940
-
UAE
316
854
304.74
7,042,507
13,693,742
55.19
Bolivia
313
562
751.52
3,046,400
5,603,313
369.41
South Africa
207
420
-42.86
5,097,180
8,094,322
-9.89
II. Analysis on Performances of Top 50 Bus Enterprises in their Export from Jan. to Apr., 2014 According to Chinese Bus Statistical Information Network, the nation's top 50 large- and medium-sized bus enterprises exported 2,899 buses in Apr. In the first four months, the combined export volume of the 50 bus makers reached 11,111 units, up by 23.37% year on year.
Top Ten Bus Exporters 2014
Enterprises
Volume
Apr.
Volume
Jan.- Apr.
Volume
Jan. to Apr., 2013
Growth Rate (%)
King Long
740
3,797
2,957
28.4
Golden Dragon
935
2,360
2,390
-1.26
Yutong
321
1,673
1,197
39.8
Higer
498
1406
838
67.8
Zhongtong
51
369
402
-8.2
Sunlong
35
229
191
19.9
Asiastar
44
165
125
32.0
Guilin Bus
48
163
122
33.6
Foton
21
121
33
266.7
FAW Wuxi
100
102
1
10100
Total
2793
10385
8256
25.8
III. Analysis on China's Bus Makers' Export (Jan. to Apr.) from 2010 to 2014
China's Bus Makers' Export (Jan. to Apr.) from 2010 to 2014
Year (Jan.-Apr.)
2010
2011
2012
2013
2014
Growth Rate (%)
139.8
67.23
48.93
30.4
23.37
From the table, it can be seen that the export's growing momentum of China-made buses has seen several nosedives in the first four months from 2010 (growth rate: 139.8%) to 2014 (growth rate: 23.37%). More alarmingly, the bus export market was diminishing during the past few years and the domestic bus market has been growing more dependent on domestic demand.
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