China Exported 30,840 Units Buses & Coaches from January to September 2023

According to the latest statistics, China exported 4,169 units buses & coaches, up by 46.69% year on year, up by 20.6% month on month. For the detailed information of the top ten players in the market, please refer to Table 1 below.

Table 1 Top Ten Players in China’s Bus Export Market in September

Brand	Export in Sept., 2023	Y/Y Growth	Market Share	Changes in Market Share
Yutong	1,365	192.92%	32.74%	↑16.34%
King Long	856	84.88%	20.53%	↑4.24%
BYD	389	119.77%	9.33%	↑3.10%
Golden Dragon	372	-41.42%	8.92%	↓13.42%
Higer	339	51.34%	8.13%	↑0.25%
Zhongtong	307	-31.47%	7.36%	↓8.40%
JMMC	185	Net Growth	4.44%	↑4.44%
Ankai	155	7650.00%	3.72%	↑3.65%
Foton AUV	102	-53.42%	2.45%	↓5.26%
Asiastar	49	-59.17%	1.18%	↓3.05%

From January to September this year, China’s bus export volume reached 30,840 units, up by 49.23% year on year. More specifically, China exported 18,180 units large-sized buses & coaches, up by 85.11% year on year, 4,839 units medium-sized buses & coaches, up by 36.85% year on year, and 7,821 units light buses, up by 7.01% year on year. The total export volume of large- and medium-sized buses & coaches increased by 72.34% year on year, reaching 22,839 units.

In the first nine months this year, the export volume of coaches in the first nine months this year stood at 17,179 units, up by 37.6% year on year, city buses 12,732 units, up by 59.69% year on year, school buses and buses for other uses 248 units and 681 units respectively, up by 123.00% and 230.58% year on year respectively.

In the same period, the detailed export information of the top 10 bus makers in China is shown in Table 2 below.

Table 2 Bus Exports of Top 10 Players in China from Q1 to Q3

Brand	Export in Q1-Q3 2023	Y/Y Growth	Market Share	Changes in Market Share
Yutong	7,177	134.77%	23.27%	↑8.48%
Golden Dragon	5,441	44.67%	17.64%	↓0.56%
King Long	4,993	-13.77%	16.19%	↓11.83%
Higer	3,583	136.50%	11.62%	↑4.29%
Zhongtong	2,941	65.69%	9.54%	↑0.95%
BYD	2,203	37.69%	7.14%	↓0.60%
JMMC	901	103.85%	2.92%	↑0.78%
Asiastar	877	59.45%	2.84%	↑0.18%
Foton AUV	837	-35.07%	2.71%	↓3.52%
Ankai	803	336.41%	2.60%	↑1.71%

For the detailed information of the top 10 players in the export of large-sized buses in the first nine months this year, please refer to Table 3 below.

Table 3 Top 10 Players of Large-sized Bus Exports in China from Q1 to Q3

Brand	Export in Q1-Q3 2023	Y/Y Growth	Market Share	Changes in Market Share
Yutong	6,098	194.45%	33.54%	↑12.45%
Higer	2,646	165.93%	14.55%	↑4.42%
Golden Dragon	2,574	55.25%	14.16%	↓2.72%
Zhongtong	2,294	70.18%	12.62%	↓1.11%
BYD	1,891	57.98%	10.40%	↓1.79%
King Long	1,452	34.57%	7.99%	↓3.00%
Foton AUV	590	-27.87%	3.25%	↓5.08%
Asiastar	341	-9.31%	1.88%	↓1.95%
Ankai	233	2230.00%	1.28%	↑1.18%
Guilin Bus	50	-41.86%	0.28%	↓0.60%

Also in the first three quarters this year, China exported 8,039 units large-sized coaches, up by 104.45% year on year, accounting for 46.8% of the total export volume of coaches and 44.22% of the total export volume of large-sized buses. For the information of the top ten players in the large-sized coach export market, please refer to Table 4 below.

Table 4 Top 10 Players in Large-Sized Coach Export Market from Q1 to Q3

Brand	Export in Q1-Q3, 2023	Y/Y Growth
Yutong	3,216	129.06%
Higer	1,416	259.39%
Zhongtong	1,184	46.17%
King Long	913	71.94%
Golden Dragon	759	74.08%
Asiastar	281	100.71%
Ankai	158	1875.00%
Foton AUV	53	562.50%
Guilin Bus	50	-27.54%
Sunlong Bus	7	-50.00%

In terms of the export of large-sized city buses, China’s total export volume stood at 9,985 units, up by 69.76% year on year, accounting for 78.42% of the total export of city buses and 54.92% of the total export volume of large-sized buses. For the detailed information of the top 9 players in the market, please refer to Table 5 below.

Table 5 Top 9 Players in Large-Sized City Bus Export Market from Q1 to Q3

Brand	Export in Q1-Q3, 2023	Y/Y Growth
Yutong	2,881	336.52%
BYD	1,891	57.98%
Golden Dragon	1,688	38.13%
Higer	1,230	104.66%
Zhongtong	1,110	106.32%
King Long	539	-1.64%
Foton AUV	510	-37.04%
Ankai	75	3650.00%
Asiastar	60	-74.58%

In the field of medium-sized buses, China’s total export volume stood at 4,839 units, up by 36.85% year on year and accounting for 15.69% of the total bus export volume. For the detailed information of the top 10 players in the market, please refer to Table 6 below.

Table 6 Top 10 Players in Medium-Sized Bus Export from Q1 to Q3

Brands	Export in Q1-Q3 2023	Y/Y Growth	Market Share	Changes in Market Share
Yutong	1,064	15.53%	21.99%	↓4.06%
Golden Dragon	771	252.05%	15.93%	↑9.74%
Ankai	536	335.77%	11.08%	↑7.60%
Zhongtong	518	85.66%	10.70%	↑2.81%
King Long	422	12.53%	8.72%	↓1.88%
Higer	385	27.48%	7.96%	↓0.58%
BYD	312	-22.58%	6.45%	↓4.95%
Asiastar	249	207.41%	5.15%	↑2.85%
Foton AUV	226	-52.02%	4.67%	↓8.65%
Weichai Asiastar	143	-39.92%	2.96%	↓3.78%

In the area of light buses, China’s total export volume registered at 7,821 units, up by 7.01% year on year and accounting for 23.36% of the total bus export volume. For the detailed information of the top 10 players in the market, please refer to Table 7 below.

Table 7 Top 10 Players in Light Bus Export from Q1 to Q3

Brands	Export in Q1-Q3 2023	Y/Y Growth	Market Share	Changes in Market Share
King Long	3,119	-28.07%	39.88%	↓19.44%
Golden Dragon	2,096	11.25%	26.80%	↑1.02%
JMMC	812	118.87%	10.38%	↑5.31%
Higer	552	153.21%	7.06%	↑4.08%
FAW Jiefang	534	Net Growth	6.83%	↑6.83%
Asiastar	287	208.60%	3.67%	↑2.40%
Weichai Asiastar	149	30.70%	1.91%	↑0.35%
Zhongtong	129	-12.84%	1.65%	↓0.38%
Dongfeng Special Vehicle	67	157.69%	0.86%	↑0.50%
Ankai	34	-33.33%	0.43%	↓0.26%

 

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