According to the data of China Association of Automobile Manufacturers (CAAM), from January to November 2023, China's auto parts exports amounted to 90.54 billion US dollars, an increase of 7.6% year-on-year, accounting for 47.3% of the total exports of automotive goods.

It can be seen that the development of overseas auto parts market is in a state of growth. With the booming development of the global automobile industry, the demand for auto parts market is also becoming more and more prosperous. Against this background, China's auto parts industry, with its excellent quality and reasonable price, has demonstrated its strong competitiveness in the international market. According to the latest data of China Association of Automobile Manufacturers, from January to November 2023, China's auto The export value of auto parts and components reached a staggering 90.54 billion U.S. dollars, a year-on-year increase of 7.6%, accounting for 47.3% of the total export value of automotive commodities. This figure not only shows the vigorous development of China's auto parts and components industry, but also highlights the sustained growth trend of the overseas auto parts market.

It is worth mentioning that in June 2023, the export amount of auto parts and accessories was as high as 75.66 billion U.S. dollars. After this achievement, it is the continuous innovation and unremitting efforts of China's auto parts industry, Chinese auto parts enterprises in improving product quality, reducing costs, optimising services and other aspects of the continuous pursuit of excellence, won the international market's wide recognition.

Among the top 15 countries exporting Chinese auto parts and accessories, the United States accounts for the largest proportion, reaching 25.73%. This data shows that the U.S. market demand for Chinese auto parts is strong, in addition, Europe and North America as the world's largest auto parts market, the demand for China's auto parts can not be ignored, these areas of increasing car ownership, auto parts market demand will continue to grow, but also for China's auto parts industry provides a broad space for development.

In addition to the United States, Europe and North America and Russia and other places, the Asia-Pacific region is also an important market for China's auto parts exports, with the rise of the Asian economy and people's living standards, the car has gradually become a family necessity, so the Asia-Pacific region on the demand for auto parts is also growing steadily, providing China's auto parts industry with new opportunities for development.

The rapid development of new energy vehicles, green, intelligent and efficient auto parts will become the mainstream of the future, the auto parts industry needs to keep up with the trend of the times, you can increase R & D and production in the field of new energy auto parts to meet the needs of the domestic and foreign markets, China's exports of automotive spare parts continues to grow, I believe that in the global auto parts market continues to grow in the background, China's auto parts industry Will continue to give play to its own advantages, expand the international market, but also will be successful out of the country to expand their market share, really bigger and stronger.

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