--- title: China vehicle export sees robust growth description: "US-China trade tensions remain a significant barrier\n\nChina’s seaborne vehicle exports grew by 28% year-on-year in May to reach 645,000 units, with robust growth across most regions.\n\nConversely, exports to Russia fell by 77% following the introduction of new “recycling fees,” effectively tariffs designed to protect Russia’s auto industry." image: https://blog.maritimefinance.ch/hubfs/W27_article_3_cropped.jpg --- [![EMF](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/EMF.png)](https://maritimefinance.ch/fr) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) [![en_GB](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/en_GB.png)](https://blog.maritimefinance.ch/en/marketreportweekly) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) ![China vehicle export sees robust growth](https://blog.maritimefinance.ch/hubfs/W27_article_3_cropped.jpg) # China vehicle export sees robust growth - Home - [blog](https://blog.maritimefinance.ch/en/marketreportweekly) - China vehicle export sees robust growth 07/07/2025 [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) 1 Minutes ![W27_article_3_cropped](https://blog.maritimefinance.ch/hs-fs/hubfs/W27_article_3_cropped.jpg?width=1200&height=400&name=W27_article_3_cropped.jpg) **US-China trade tensions remain a significant barrier** China’s seaborne vehicle exports grew by 28% year-on-year in May to reach 645,000 units, with robust growth across most regions. Conversely, exports to Russia fell by 77% following the introduction of new “recycling fees,” effectively tariffs designed to protect Russia’s auto industry. Year-to-date, exports have grown by nearly 20%. At the same time, China’s imports of US vehicles dropped 68% in May and are down 59% for the year. A 90-day freeze on new tariffs between China and the US began on May 14, but existing tariffs remain in place: 25% on large US vehicles and 15% on smaller models. **Major new contract for Wallenius Wilhelmsen announced** In addition, a $580 million contract signed this month by Wallenius Wilhelmsen reinforces long-term demand and highlights the growing importance of ESG-optimized vessels in future PCTC fleet planning. The PCTC segment continues to capitalize on China’s vigorous export growth, although uncertainties related to trade policies persist. *Sources: Clarksons & Wilhelmsen.* --- #### Tag: [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) #### Share: - [Follow us on Facebook](http://www.facebook.com/share.php?u=https://blog.maritimefinance.ch/en/marketreportweekly/china-vehicle-export-sees-robust-growth) - [Follow us on Twitter](https://twitter.com/intent/tweet?url=https://blog.maritimefinance.ch/en/marketreportweekly/china-vehicle-export-sees-robust-growth&text=China%20vehicle%20export%20sees%20robust%20growth) - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.maritimefinance.ch/en/marketreportweekly/china-vehicle-export-sees-robust-growth) - [Follow us on Pinterest](http://pinterest.com/pin/create/button/?url=https://blog.maritimefinance.ch/en/marketreportweekly/china-vehicle-export-sees-robust-growth&text=China%20vehicle%20export%20sees%20robust%20growthdescription=US-China%20trade%20tensions%20remain%20a%20significant%20barrier%20China’s%20seaborne%20vehicle%20exports%20grew%20by%2028%%20year-on-year%20in%20May%20to%20reach%20645,000%20units,%20with%20robust[...]&media=https://143789414.fs1.hubspotusercontent-eu1.net/hubfs/143789414/W27_article_3_cropped.jpg) --- #### [The Iran/Israel escalation and its impact Previous Post](https://blog.maritimefinance.ch/en/marketreportweekly/the-iran/israel-escalation-and-its-impact?hsLang=en) #### [Israel-Iran ceasefire calms shipping markets Next Post](https://blog.maritimefinance.ch/en/marketreportweekly/israel-iran-ceasefire-calms-shipping-markets?hsLang=en) --- ## Related Posts It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. 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