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Super heavy duty trucks lead China's truck exports in 2007

Tony From Gasgoo.com | February 03 , 2008 20:43 BJT
Shanghai. February 3 (Gasgoo.com) – Last year, China exported a total of 248,000 heavy duty trucks, which represents 40.3 percent of China's total vehicle exports in the year. Total value of China's heavy truck exports amounted to 2.31 billion in U.S. dollars, which amounts to 31.5 percent of China's total vehicle exports last year, Xinhua News Agency reported today.
 
However, super heavy trucks (total weight over 20 tons) lead China's truck export by a spectacular growth of 372.0 percent from one year earlier, according to statistics Xinhua cited from Automobile Division of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).
 
Last year China exported a total of 25,200 super heavy duty trucks, up 372.0 percent from one year earlier. Total value of these exported super heavy duty trucks amounts to $937 million, an impressive increase of 435.7 percent from one year earlier.
 
"Heavy duty trucks have led China's truck exports for quite a few years," said Fu Peizhao, a senior engineer from the Automobile Division of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).
 
"In last year's truck exports, heavy and middle-duty truck experienced an impressive growth over one year earlier, however light duty trucks experience a much slower growth in comparison with heavy and middle duty trucks,"  Fu said.  "This indicates to us a structural change of China's truck exports over the past year."
 
The structural change of China's vehicle exports offers an explanation of the growth of unit price of China-exported vehicles.
 
In 2007, the average unit price hit 1l, 905 in U.S. dollars, an increase of 30.4 percent from one year earlier, according to the CCCME report.
 

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