Data from the General Administration of Customs, as compiled by the China Association of Automobile Manufacturers, reveals that in July 2026, the import value of automotive components reached $1.45 billion.
This figure represents a 2.8% decrease compared to the previous month and a significant 27.1% drop year-on-year, indicating sustained weakness in the sector.
Cumulative imports for the first seven months of 2026 totaled $11.25 billion, marking an 8.0% decline from the same period last year.
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