In 2014 China commercial vehicle export Brazil decline

According to customs statistics, China truck exports to Brazil reached its peak in 2011, exceed 27447 unit, in 2012 and 2013 decreased year by year, mainly due to at the beginning of 2011 September, Brazil issued imported vehicles industrial product tax (IPI) rate was increased from 7%-25% to 37-55%, the average tax rate is increased by 30%, which makes the price advantage of Chinese trucks exported to Brazil reduced, so sales volume decline according. In the first 4 month of 2014, Chinese trucks exported 462 vehicles, 60.58% decline, the amount of exports also fell 52.99%; passenger cars exported 302 vehicles, are all 10 ≤ seat < 20 seat diesel passenger bus, grew 28.21%, which is mainly affected by the Brazil improve the situation of public transport.

 

In 2014, Chinese export Brazil truck is still in the doldrums, bus steady growth.