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Trade

Car imports grew sharply last year. China leads the list of suppliers to the country

Car imports grew substantially in the past year, with China gaining ground in this domain and moving to the number one supplier list for the country. Of the more than 17,000 cars imported in 2021, around 26 percent came from China.

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Car imports in 2021 increased by more than 100 percent compared to the previous year.

According to calculations by Expansão, based on data from the Angolan Cargo and Logistics Regulatory Agency (ARCCLA), last year a total of 17.342 vehicles, both new and used, were imported – an increase of around 134 percent compared to the previous year (7400 cars were imported) –, of which around 26 percent (4517 vehicles) originated in China.

In turn, in the first six months of 2022, the number of cars coming from the Asian country was around 21 percent, that is, of the total of 14,029 cars, 2980 came from China, writes Expansão.

According to the same newspaper, it is believed that imports this year will be better than last year, since in the first half of 2022, around 78 percent of the total number of vehicles that arrived last year arrived on national soil. to the country.

According to ARCCLA figures provided by Expansão, the first position in the list of biggest importers last year was occupied by Chinangol (3218 cars), followed by Sicomex (1979 cars) and Sogepower (952 cars).

In turn, in the first six months of this year, the first place on the list belongs to Sicomex (2431 cars), followed by Chinangol with 1350 cars and Sogepower with 1035 cars.

According to Expansão, the growth in popularity of the Asian country reflects that national consumers have increasingly looked for cars with cheaper prices than those applied by traditional brands, which, according to the same newspaper, argue that the quality of China's cars it's smaller.

"The Angolan car market reached very low levels in imports and around five percent in sales in 2014. By all indications, a recovery cycle began in 2021 and we hope that this year will be much better in imports and in sales", said a source from the Association of Road Transport Equipment Dealers and Others (ACETRO) who, quoted by Expansão, added that regarding vehicle imports from China there are still "many gray areas in the business carried out".

For this year, ACETRO estimates that almost 5000 vehicles will be sold (4530 new vehicles of various categories), translating into an increase of 17 percent compared to last year.

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