China Exported 63,000 Units Buses and Coaches in 2019

Summarize:

According to China’s Association of Automobile Manufacturers (CAAM), China exported 1.024 million units automobiles in 2019, down by 1.6% year on year.

 

In 2019, China’s export volume of buses & coaches approached 63,000 units, up by 12.0% year on year.

 

Table 1 Bus & Coach Exports from 2015 to 2019 

20152016201720182019
Export volume62,00059,00057,00056,10063,000
Growth rate-31.0%-4.8%-3.5%-1.57%12.0%

 

In 2019, the total export volume of buses accounted for 13.3% of total sales volume of buses, 1.7 percentage points higher than that in the previous year. In addition, the growth rate of bus exports is 14.3 percentage points higher than that of bus sales in China.

 

Table 2 Export Volume of Large-, Medium-, and Small Buses in 2019

Large busesMedium busesSmall busesTotal
Export volume18,0006,00039,00063,000
Growth rate13.6%22.0%9.35%12.0%
Composition28.57%9.52%61.9%100.0%

 

Table 3 Sales Revenue of New Energy Buses in the Overseas Market

Electric busesHybrid busesNew Energy buses
2019361,101,000 USD23,080,000 USD384,181,000 USD
2018165,491,000 USD7,773,000 USD173,264,000 USD

 

Table 4 Export Volume of New Energy Buses in the Overseas Market

Electric busesHybrid busesNew Energy buses
20191,5001501,650
201870680786

 

In recent years, China’s new energy buses have successfully made their way to Israel, Netherlands, South Korea, France, Britain, Spain, Japan, India, Argentina, etc. As of 2019, BYD made up over 20% of new energy bus market in Europe, ranking the first place. In addition, the exports of buses in Asia, Africa and Latin America accounted for 90% of the total export volume. The sales revenue in the three continents made up 88.7% of the total sales revenue in the overseas market.

 

Table 5 Engines mounted on buses exported to the overseas market

Yuchai4RB2WeichaiShangchaiCummins3TZChaochai
Composition22.3%14.2%11.4%7.8%7.5%6.9%6.2%
4G69NNGNew EnergyOthers
Composition6.0%8.1%2.6%7.0%

 

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