CAAM: CN May Exports of Car Goods Hike 3.4% MoM/ 9.8% YoY

　　As of May 2024, the total import and export value of automobile goods in China was US$26.38 billion, a MoM gain of 3.4% and a YoY growth of 7.9%, according to data of the General Administration of Customs (GAC) as compiled by the China Association of Automobile Manufacturers (CAAM).

　　Of these, imports amounted to US$6.07 billion, a MoM hike of 11.5% and a YoY increase of 2.2%; while exports amounted to US$20.31 billion, a MoM rise of 1.3% and a YoY increase of 9.8%.

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