Digital Auto Care Factbook & Lang Annual 2017 - 90

CHINESE AUTO CARE INDUSTRY
China's GDP growth rate decelerated in 2015 to 6.8 percent,
the slowest in a quarter of century and below the Chinese
governments intended goal of 7 percent. The 2015 growth rate
was down from 7.4 percent reported in 2014.

Chinese Economic Data, 2015
Population
1,367,485,388
Population Growth Rate
0.45%
Labor Force (in millions)
804.0
Labor Force as a % of Total Population
58.8%
Unemployment Rate
4.2%
GDP/Capita (PPP)
$14,300
GDP (billions)
$19,510.0
GDP (Real Growth Rate)
6.8%
Inflation Rate (Consumer Prices)
1.5%
Population below poverty line
6.1%
Total Roadways (in km)
4,106,387
Total U.S. Imports of Selected Automotive Parts $4,131,711,921
Total U.S. Exports of Selected Automotive Parts $1,069,501,621

Nevertheless, the world's second largest economy grew its
GDP to more than $10 trillion. It is also the largest exporter and
second largest importer of goods in the world. As the single
most populous nation in the world, most of China's 1.3 billion
people have only recently begun to experience the economic
prosperity that residents of the United States have enjoyed for
many years. Despite its citizens living more modestly than their
counterparts in western democratic nations, the sheer size of
China's consumer population and labor force, coupled with
its relatively inexpensive labor and state-sponsored economic
investment programs, will add up to many years of continuing
economic expansion.

Vehicle Parc
People Per Vehicle
Note:

144,521,617
9 .5

Population data estimated as of July 2015.

Sources: Auto Care Industry, The World Factbook, 2014-2015, CIA.
U.S. International Trade Commission, IHS Automotive,
Americans bought a large amount of auto parts from China in
driven by Polk.
2015, resulting in a $3.1 billion trade deficit between the two
countries. The U.S. imported $4.1 billion worth of auto parts from China in 2015, down 0.2 percent from last year.
Although the Chinese economy showed signs of slowing down, U.S. exports of auto parts to China increased by
6.2 percent from $1 billion in 2014 to $1.1billion in 2015.

U .S . Imports of Selected Automotive Parts from China
(U.S. Dollars)

Tires and Wheels
Undercar and Drivetrain
Engine Components
Air Conditioning
Tool and Equipment
Lighting and Electrical
Body Parts
Glass and Mirror
Brake Components
Radio Electronic Components
Chemicals and Lubricants
Other Components
Total U .S . Imports from China
Note:

2010

2011

2012

2013

2014

$1,538,919,097
$301,541,611
$1,258,877,466
$168,299,197
$155,978,087
$418,090,367
$775,478,979
$195,813,174
$1,110,794,114
$631,169,419
$192,134
$2,071,780,637
$6,555,153,645

$1,030,674,776
$809,351,335
$575,667,983
$241,396,244
$183,772,897
$114,563,355
$50,235,671
$25,648,016
$6,855,868
$6,733,898
$476,351
$96,419,739
$3,045,376,394

$1,264,116,886
$875,256,036
$659,396,389
$364,745,561
$206,949,854
$108,459,228
$51,235,121
$25,927,655
$13,902,254
$13,894,319
$1,450,179
$107,593,422
$3,585,333,482

$1,267,262,860
$929,491,252
$681,431,242
$419,207,942
$201,432,630
$127,846,031
$63,438,723
$20,051,543
$13,993,823
$10,915,166
$255,020
$87,581,589
$3,735,326,232

$1,517,742,251
$940,814,624
$768,003,074
$439,726,011
$210,325,156
$154,576,620
$67,024,174
$19,970,436
$18,916,070
$2,169,077
$308,237
$79,164,967
$4,139,575,730

2015
$1,271,000,314
$1,022,520,214
$867,974,322
$480,485,007
$224,442,253
$152,782,782
$67,486,481
$25,572,407
$18,302,415
$762,655
$383,071
$69,920,477
$4,131,711,921

% Change
2014-2015
-16.3%
8.7%
13.0%
9.3%
6.7%
-1.2%
0.7%
28.1%
-3.2%
-64.8%
24.3%
-11.7%
-0.2%

Source: U.S. Department of Commerce, Bureau of Census.
Historical data have been revised.

Data re-ordered to rank descending from CY largest Component
Category, with "Other" listed last.

U .S . Exports of Selected Automotive Parts to China
(U.S. Dollars)
Engine Components
Undercar and Drivetrain
Chemicals and Lubricants
Body Parts
Glass and Mirror
Lighting and Electrical
Tires and Wheels
Tool and Equipment
Air Conditioning
Radio Electronic Components
Brake Components
Other Components
Total U .S . Exports to China
Note:

90

2010

2011

$403,367,832
$104,158,193
$102,499,093
$80,705,114
$15,152,026
$49,672,226
$37,013,760
$13,539,421
$3,584,558
$5,298,991
$40,177,293
$56,457,647
$911,626,154

$285,921,113
$123,042,207
$126,186,112
$56,852,969
$36,070,727
$31,029,565
$38,165,583
$13,274,692
$4,202,276
$2,524,389
$516,484
$97,265,021
$815,051,138

2012
$236,518,646
$110,750,134
$132,827,045
$54,782,687
$31,091,900
$28,783,206
$46,593,187
$15,056,816
$2,685,164
$4,104,482
$608,890
$74,574,732
$738,376,889

Data re-ordered to rank descending from CY largest Component
Category, with "Other" listed last.

2013

2014

$259,842,725
$133,625,506
$137,029,346
$78,379,080
$43,705,513
$59,890,425
$58,738,414
$20,689,034
$3,462,082
$1,126,586
$1,605,917
$90,722,576
$888,817,204

$299,175,910
$159,163,902
$145,536,392
$97,917,468
$58,564,153
$69,131,003
$42,947,308
$26,411,716
$4,258,067
$1,037,148
$114,468
$102,778,921
$1,007,036,456

2015
$400,996,641
$164,741,399
$150,304,450
$90,235,792
$64,648,628
$51,558,311
$31,771,701
$14,097,943
$2,306,907
$666,367
$367,942
$97,805,540
$1,069,501,621

Source: U.S. Department of Commerce, Bureau of Census.
Historical data have been revised.

The 2017 Digital Factbook is Copyright © 1990 Auto Care Association and/or its licensor. 
All other rights reserved.  Use of the 2017 Digital Factbook is subject to compliance with the Legal Terms and Conditions found on page 113 of this report.

% Change
2014-2015
34.0%
3.5%
3.3%
-7.8%
10.4%
-25.4%
-26.0%
-46.6%
-45.8%
-35.8%
221.4%
-4.8%
6.2%
Table of Contents for the Digital Edition of Digital Auto Care Factbook & Lang Annual 2017
