Anhui's auto parts export exceeded US$100 million in May

On June 27, 2011, Hefei Customs released data that from January to May 2011, the export of auto parts in Anhui Province was US$111 million, which was an increase of 49.9% over the same period of the previous year. The analysis of related parties believes that the rapid development of auto brands in Anhui has a significant role in driving domestic auto parts companies.

Since the beginning of this year, the export of auto parts in Anhui Province has maintained a steady growth trend. The monthly growth rate of export value from January to May was above 20%. In May, the export value was 25 billion US dollars, an increase of 42.1%. Privately-owned enterprises exported automobile parts worth US$54 million, an increase of 67.4%, accounting for 48.6% of the total value of auto parts exports. Over the same period, state-owned and foreign-invested enterprises exported US$36 million and US$21 million, respectively, accounting for 32.4% of the total value of auto parts exports. And 18.9%.

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