· Hunan's auto parts import volume increased this year

In the first four months of this year, Hunan imported 1.26 billion yuan of auto parts, an increase of 5.7 times over the same period of the previous year. Today, the reporter learned from Changsha Customs that in the general environment of continuous low import and export in the province, the import value of auto parts and accessories has maintained more than double growth for seven consecutive months. In April alone, the import value reached 480 million yuan, a year-on-year increase. 3.7 times.
How does this "surge" happen against the market?
Foreign-invested enterprises led the increase of 750% of gearboxes and parts for imported vehicles, 400% of imported piston engines for automobiles, and 1170% of imported drive axles and parts... In Changsha Customs’ statistics on Hunan’s import and export data from January to April, The increase in the import volume of various auto parts has attracted attention.
Looking at the import entities one by one, the reporter found that most of them are foreign-invested enterprises. After calculation, in the first 4 months, the province's foreign-invested enterprises imported a total of 1.24 billion yuan of auto parts, accounting for 98.1% of the total value of such goods in the same period, compared with 2015. Imports increased by 5.9 times in the first four months.
According to statistics, these doubled auto parts are mainly imported by general trade, with imports accounting for 99.2% of the total value and importing 8.421 million yuan by processing trade, accounting for only 0.67% of the total value.
The auto parts imported from the Americas grew rapidly. In the first 4 months, the province imported 770 million auto parts from the United States, a 67-fold increase over the same period, accounting for 60.7% of the total value. Imports from Mexico were 280 million yuan, a year-on-year increase of 308.3. Times, accounting for 22.1% of the total value. Automobile spare parts imported from Japan declined, with a total import of 140 million yuan in the first four months, down 1.8% year-on-year.
"JEEP Free Light" is the main reason for "JEEP Free Light" is the main reason for the substantial increase in the import of auto parts." Changsha Customs pointed out that in October 2015, GAC Fiat Chrysler Automobile Co., Ltd. was the first domestic SUV - JEEP Freedom Guangsha officially went offline in Changsha and went on sale in November. The sales volume is “hot”: the total sales volume in the first four months of this year was 32,425 units, and in September, it sold 9201 units, ranking 21st in the domestic SUV sales list. .
The domestic sales of “JEEP Free Light” directly led to a significant increase in the import volume of auto parts. GAC Fiat Chrysler Automobile Co., Ltd. became the main importer of auto parts in our province. In the first 4 months, its import volume accounted for auto parts in Hunan Province. The total import value is over 80%.
In addition, from the import data, the average price of imported gearboxes and engine imports in the first four months increased by 1.9 times and 42.9% respectively year-on-year, which is also an important reason for the increase in import value.
Logistics is the biggest difficulty. “Inconvenient logistics and high logistics costs are the biggest difficulties in importing auto parts in Hunan.” A person in charge of Bosch Automotive Components (Changsha) Co., Ltd. said that the company is the largest automobile in our province. One of the accessories manufacturers.
The person in charge told the reporter that most of the company's goods need to be imported, and the cost is relatively low by sea from Shanghai Port. However, the whole process takes about 40 days. The transportation cycle is too long, and often cannot catch up with the construction period. The urgently needed parts can only pass. The freight warehousing of international flights arrives in Changsha. Take the Changsha-Frankfurt route in Germany as an example. The freight position price reaches 2.56 euros/kg, the cost is high, and the freight position is tight.
Changsha Customs said that through in-depth enterprise understanding, the current efficiency of auto parts manufacturing enterprises in our province is heating up, there is still room for growth in the future, and the import of auto parts and accessories is maintaining rapid growth. Most related import and export enterprises hope to further improve logistics. Conditions to reduce logistics costs.

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