Chinese auto parts exporters are experiencing a surge in exports due to the growing popularity of cross-border online retail platforms.
Despite the economic downturn, many people are still in need of replacing and repairing car parts,
which is driving growth in auto parts exports. Suppliers in Menghe Town, a hub for auto and motorcycle parts,
are all seeing an increase in exports, and many merchants are discussing cross-border e-commerce.
China’s vehicle exports up 18.1% year-over-year
On eBay, exports of overall engines and other cars and vehicles increased in China by 18.1% from the previous year in the first the year,
while the value of the sales of parts exports expanded by 5.6%. On eBay,
Chinese auto parts sellers are selling 20 times more headlights and 60 times more bumpers than in 2015.
China should consider entering the U.S. auto parts market.
Parts like steering gears and air conditioning compressors sold hundreds of times more, showing the growth of Chinese auto parts sellers.
To grow further, Chinese auto parts sellers may want to consider entering the U.S. auto parts market,
where there is a high demand for auto parts but online auto parts penetration is half that of China,
offering great potential for e-commerce business growth.