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Position:analyst > analysis > China Exported 63,000 Units Buses and Coaches in 2019

China Exported 63,000 Units Buses and Coaches in 2019

2020-02-18    Source:www.chinabuses.org
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 
  2015 2016 2017 2018 2019
Export volume 62,000 59,000 57,000 56,100 63,000
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 buses Medium buses Small buses Total
Export volume 18,000 6,000 39,000 63,000
Growth rate 13.6% 22.0% 9.35% 12.0%
Composition 28.57% 9.52% 61.9% 100.0%
 
 
Table 3 Sales Revenue of New Energy Buses in the Overseas Market
  Electric buses Hybrid buses New Energy buses
2019 361,101,000 USD 23,080,000 USD 384,181,000 USD
2018 165,491,000 USD 7,773,000 USD 173,264,000 USD
 
 
Table 4 Export Volume of New Energy Buses in the Overseas Market
  Electric buses Hybrid buses New Energy buses
2019 1,500 150 1,650
2018 706 80 786
 
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
  Yuchai 4RB2 Weichai Shangchai Cummins 3TZ Chaochai
Composition 22.3% 14.2% 11.4% 7.8% 7.5% 6.9% 6.2%
  4G69N NG New Energy Others      
Composition 6.0% 8.1% 2.6% 7.0%      
 
 
Editor:Lucy

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