On September 7, 2026, data released by the China Association of Automobile Manufacturers (CAAM), based on customs statistics, showed that China imported 43,000 vehicles in July 2026, up 13.0 percent month on month but down 12.8 percent year on year. Import value fell 15.5 percent year on year to USD 2.12 billion.
In the first seven months of the year, China imported 244,000 vehicles in total, down 10.9 percent year on year, with import value of USD 11.56 billion, down 18.0 percent year on year.
Analysts attributed the trend to improving competitiveness of domestic new energy models, which is squeezing imported cars out of the Chinese market. They said the persistent weakness of import volumes indicates continued pressure on the import-vehicle market as local supply rises.
The data comes amid a broader push by Chinese automakers to expand overseas, with August NEV delivery data from major brands including BYD, Leapmotor and Harmony Intelligent Mobility Alliance reaching fresh highs.
Source: CAAM / Sina Finance
