Shanghai November 12 (Gasgoo.com) According to latest customs statistics, China's auto parts exports and imports in the first nine months of this year totaled $26.06 billion and $18.42 billion, exceeding last year's $25.25 billion and $16.87 billion, respectively, China Securities Journal reported Friday.
China posted a $7.64 billion trade surplus in auto parts from January to September, compared with $5.97 billion achieved in the same period last year.
In January-September China recorded the highest trade surplus in components of the driving system, standing at $9.08 billion; exports and imports of those components reached $10.01 billion and $933 million respectively.
Exports and imports of the electrical and electronic components during the same period came to $5.17 billion and $1.20 billion respectively, with trade surplus widening to $3.97 billion.
China's trade surplus in brake system parts and engine parts for the first nine months were $1.33 billion and $48 million respectively.
While China had the highest trade deficit in transmission components in the January to September period, standing at $4.63 billion; exports and imports of those components were $1.45 billion and $6.08 billion respectively.
In addition, exports and imports of engines amounted to $790 million and $1.93 billion respectively during the time, when China's trade deficit hit $1.22 billion.
The country's trade deficit in body accessories and steering system components grew to $540 million and $390 million respectively in the meanwhile.
