Together, China and the European Union, the world’s number one and two markets respectively, make up about half of global passenger car sales and production.
This new fact sheet provides a comprehensive overview of EU-China automobile trade, as well as production by EU car manufacturers in China.
Key takeaways:
- Today, the European Union is the biggest exporter of passenger cars to China, accounting for 53.3% of total Chinese car imports by value.
- The other way around, China is the second main destination for EU-built passenger cars: 17.5% of the total value of EU car exports heads for China.
- In 2018, EU-owned automobile manufacturers made almost 6 million passenger cars in China, accounting for nearly 25% of total Chinese car production.
- Chinese-owned companies produced 422,632 passenger cars in the EU last year, at five production plants in Bulgaria, Belgium, Sweden and the United Kingdom.