The used car "driving" out of the sea acceleration

190 vehicles will be exported in 2021 and 1,035 in 2022, with foreign exchange earnings increasing more than seven times. From January to May 2023, an increase of 28.8%...... Used cars are becoming a new bright spot in Nanjing's foreign trade growth.

Annual growth, used cars out of the sea "driving" acceleration

"In August 2021, we exported our first batch of used cars to the Middle East, worth $150,000." Xu Feng, business manager of international trade Division of Jiangsu Sumei reached a set of equipment Engineering Co., LTD.

In April 2019, the three departments of the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs jointly issued the Notice on Supporting the Export Business of Used Cars in mature areas, and in November 2020, Nanjing was included in the list of the second batch of regions to carry out export business of used cars.

Xu Feng revealed that Sumeida has always had a new car export business, understand the overseas passenger car market, just started the second-hand car export business is the market they desire "blue ocean".

Xu Feng remembers that the first batch of used cars exported to the Middle East are mainly Jianghuai brand new energy vehicles, a total of 20, to the next new car within a year.

This batch of cars became Jiangsu's used car export "breaking zero first single", Sumeida also tasted the sweetness - the company exported 132 vehicles in 2021, accounting for nearly 70% of Nanjing's used car exports; In 2021, the export volume of Sumeida used cars increased to more than 1,000 vehicles, and the export destinations were concentrated in 22 Asian, African and European countries and South American countries such as Myanmar, Laos, Vietnam, Cambodia, and the Philippines.

In 2021, Nanjing exported 190 used cars in 20 batches, earning more than $3.2 million in foreign exchange. In 2022, a total of 1035 used cars were exported in 133 batches, an increase of 444.74%. Export foreign exchange earnings exceeded 24 million US dollars, an increase of 729.2%, of which new energy passenger vehicles accounted for 86%, becoming the absolute main force of used cars "going to sea"; From January to May this year, the value of used car exports increased by 28.8% year-on-year, most of which were sold to countries along the "Belt and Road".

The bright growth rate indicates that the used car export business is "driving" on the fast lane.

Policy support, used cars go to sea to catch a "free ride"

The east wind of the policy is constantly "escorting" used car exports.