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October 06, 2025

China's auto parts exports reached 15.235 billion U.S. dollars in 2005

In 2005, China's automotive export industry reached a significant milestone. As vehicle exports surged, the auto parts sector also experienced remarkable growth, with total exports reaching $15.223 billion—a staggering 75.11% increase compared to the previous year. This marked a turning point in China's role on the global automotive stage. Today, China has emerged as the fifth-largest supplier of auto parts to the United States. According to a report by KPMG, a leading international consulting firm, although China's spare parts manufacturing is not yet technologically advanced, it is poised for substantial growth. The report predicts that Chinese auto parts manufacturers will soon become key players in the global market for replacement and repair components. During the "Eleventh Five-Year Plan" period, China aimed to boost the average annual growth rate of its automotive and auto parts industries to over 40%. By 2010, the country projected an export value of $70 billion in auto parts, signaling its growing influence in the international automotive supply chain. With continued investment in technology and infrastructure, China is steadily building its reputation as a major player in the global auto parts market.

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