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Commercial
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AAPEX
Connects Buyers with U.S. Manufacturers that Export
The
global vehicle population is experiencing tremendous growth – and the U.S.
automotive parts exports market is growing with it, up 14 percent from 2010 to
2011 according the U.S. International Trade Commission. What is the best way to
connect with U.S. manufacturers that export? Attend the Automotive Aftermarket
Products Expo (AAPEX), Tuesday, Oct. 30 through Thursday, Nov. 1, at the Sands
Expo Center in Las Vegas, Nev.
In
2010, the world vehicle population – passenger cars, buses, trucks and other
commercial vehicles – exceeded 1 billion. According to the Automotive Aftermarket Suppliers Association’s
(AASA’s)
annual global analysis, “World Motor Vehicle Market Report,” regions
experiencing the greatest growth included Africa, South America, North America,
East and South Asia and Eastern Europe.
The
Automotive Aftermarket Industry Association’s (AAIA’s) analysis of U.S.
International Trade Commission data notes that several countries had at least
$100 million in U.S. auto parts exports in 2011 and significant growth from
2010 to 2011. The following is additional global automotive aftermarket data from the
AAIA Digital Aftermarket Factbook.
North America: Of the $46 billion in U. S.
parts exports to foreign countries, 78 percent went to its neighbors, Canada
and Mexico. U.S. parts exports to Canada totaled $21 billion in 2011, up 8
percent from the previous year. By comparison, total parts exports to
Mexico totaled only $15 billion in 2011, but were up 19 percent compared to
2010.
Asia & Pacific Rim: The second largest
U. S. export parts market was Asia and the Pacific Rim with $4.3 billion and
accounting for 9.4 percent of the $46 billion total. The destinations of these
exports by country were China with nearly $1.2 billion in U.S parts exports, up
22.1 percent; Australia, with $742 million and a 34 percent growth; South Korea
at $635 million reflecting an 81 percent growth; and Singapore with $230
million and a 28 percent growth. India finished out 2011 with $173 million, up
32 percent, while Thailand had $119 million, for an increase of 21 percent.
Europe: The third largest market for U. S.
export parts was Europe with $3.2 billion and representing 6.9 percent of the
total. Within Europe, the countries to watch include the United Kingdom,
with nearly $602 million in U.S. parts exports in 2011, up 27.5 percent;
Belgium, with $294 million and a growth of 21 percent; and Russia, with $171
million representing a 195 percent growth over 2010. Germany continued to have
the largest dollar volume of U.S. parts exports within this region, with
approximately $857 million, but growth from 2010 and 2011 was smaller at 1.2
percent.
South America: Three countries within South
America demonstrated strong growth from 2010 to 2011: Brazil at $625 million,
up 19 percent; Chile at $252 million for an increase of 24 percent; and
Colombia, with $158 million, up nearly 36 percent. Venezuela was the largest
market in South America for U.S. auto parts exports in 2011 with approximately
$658 million, but growth was smaller at 14 percent.
Middle East & Africa: Within the Middle
East and Africa, South Africa had $177 million in U.S. auto parts exports, for
an increase of 21 percent. The largest market in this region for U.S. auto
parts exports in 2011 was Saudi Arabia with approximately $220 million or 5
percent over 2010.
International buyers can start identifying the
U.S. manufacturers at AAPEX that export by visiting the AAPEX Web site, www.aapexshow.com, and navigating to ‘2011 Product Search’ from
the ‘Find Products & Exhibitors’ tab. Select the option ‘We are a US
company’ before searching. For
additional assistance, contact Judy Novak, AAPEX event management, at: judy.novak@aapexshow.com.
AAPEX
represents the $395 billion global motor vehicle aftermarket and is jointly
sponsored by the Automotive Aftermarket Suppliers Association (AASA) and the
Automotive Aftermarket Industry Association (AAIA).
Contact information: