China's outbound shipments of ATVs totaled $42.7 million in 2004, an increase of more than 1,200% compared to ATV exports in 2003, according to China's customs statistics.
The European Union and North America receive the majority of China's shipments, absorbing a combined 63% of the product, according to Global Sources, a Hong Kong-based facilitator of global trade.
Youth models, mostly with 50cc engine displacement, comprise half of export output. Sports models (90cc to 150cc) account for 30%, and sports/utility models (200cc to 250cc) and utility models (250cc to 650cc) make up the rest.
While many suppliers are capable of producing their own engines, body parts and frames with bending machines, welding machines, automatic painting facilities and coating lines, components such as carburetors, shock absorbers, axles, rims, tires, suspension components and lights are mostly imported from Japan, Taiwan, Italy and other European countries, said Global Sources.
Global Sources services buyers who generate more than 4 million inquiries annually for more than 130,000 suppliers. The company offers creative services and export consultation through more than 1,100 team members in 44 locations in China.
Copyright 2005 Powersports Business