A panoramic interpretation of exports in the first half of 2026: the volume and volume increased by more than 50%, and the proportion of new energy exceeded 70%

While the domestic auto market is still fighting head-to-head in the price war, China cars have already run a wild curve around the world.

Data from the China Automobile Association shows that in the first half of 2026, China exported 5.096 million automobiles, a year-on-year increase of 65.3%; the export value was US$91.8 billion, a year-on-year increase of 54%.  Among them, 1.037 million vehicles were exported in a single month in June, a year-on-year increase of 75.1%.

Exports are becoming the sharpest growth engine of China's automobile industry.

01 A set of numbers, understand the first half of the year

Export volume: 5.096 million units, year-on-year +65.3%

Exports: US$91.8 billion, year-on-year +54%

Proportion of new energy: 71.6%, export volume +78.5% year-on-year

June single month: 1.037 million vehicles, year-on-year +75.1%

Double increases in volume and new energy carries the flag-the gold content of this half-year report card is hidden in the structure.

02 The pace of exports continues to rise, and domestic exports rise and fall

From a monthly perspective, the export growth rate has increased month by month:

January: 681,000 vehicles, year-on-year +44.9%

April: 901,000 vehicles, year-on-year +74.4%

June: 1.037 million vehicles, year-on-year +75.1%

During the same period, domestic sales in April were-21.6% year-on-year. Domestic sales have shrunk and exports have surged. Between rising and falling, exports have become the absolute main force in digesting production capacity.

Under the logic of spillover, going to sea is no longer a multiple-choice question, but a survival question.

03 Five major points to understand the core of growth

Aspect 1: New energy carries the banner, accounting for 71.6% of exports

In the first half of the year, new energy exports were +78.5% year-on-year, and their share exceeded 70% for the first time. Pure electricity, plug-in hybrid, and hybrid are all attacking, and China's smart electric vehicles are rewriting the global mid-to-high-end market landscape.

Aspect 2: Sword refers to 10 million vehicles throughout the year

5.096 million vehicles have locked in the half-way championship, and the industry predicts that annual exports are expected to exceed the 10 million mark-which is nearly five times the annual export volume in 2021.

Aspect 3: Domestic sales-21.6% vs exports +65.3%

The domestic price war cannot produce an increase, and exports have become the main engine. Going to sea has changed from optional questions to must-answer questions.

Aspect 4: Exports of new energy used vehicles +196%, and gross profit is 1.5 to 2 times that of fuel vehicles

In the first half of the year, 325,000 used cars were exported (year-on-year +61%), of which new energy accounted for 31%, a year-on-year increase of 196%. The average FOB price of bicycles was 30% higher than that of fuel vehicles. The first year of real used car exports officially opened.

Aspect 5: Outbreaks in West Africa, Ghana's growth rate is +290%

The top ten used car export markets span four major sectors: Europe, Asia, Africa, the Middle East, and Southeast Asia-Russia 18.8%, Nigeria 13.2%, and Kyrgyzstan 9.2%. It has blossomed in multiple places, and the risk of a single market has dropped significantly.

04 Used car export map: The four major sectors have their own logic

Russia: 61,000 vehicles, accounting for 18.8%, the largest single market, and mature land transportation channels

Nigeria: 43,000 vehicles, accounting for 13.2%, bridgehead in West Africa, with annual import demand of about 1 million vehicles

Kyrgyzstan: 30,000 vehicles, accounting for 9.2%, the core entrepot hub of CIS

Ghana: 14,000 vehicles, a growth rate of +290%, the fastest growing among the top ten markets

Fuel vehicles in Africa and the Middle East are the absolute main force; new energy is rapidly penetrating in Central Asia and Southeast Asia; high-end pure electricity is concentrated in rich countries in the Middle East-the differentiated track has been clear.

05 Written at the end

From going out to going in, from competing for price to assembling rules, after-sales, and localization-China's share of the global used car trade is less than 10%.

The real growth story has just begun.

Source: Xiong Yu, digital automobile export

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