In 2023, driven by the continuous growth of automobile exports, the export trade volume of automobile products in Chinese mainland exceeded 940 billion yuan, and the trade surplus exceeded 380 billion yuan. The proportion of automobile export trade in Chinese mainland's commodity export trade has also risen to about 4%. The rapid growth of automobile export trade is not only an important factor to promote the growth of Chinese mainland's commodity export trade, but also an important factor to promote the growth of Chinese mainland's commodity trade surplus.

As a new developing economy, automobile manufacturing is a highly integrated industry with modern industrialization technology, and it is also a manufacturing field with independent R&D and weak production capacity in Chinese mainland. In the traditional field of fuel vehicle manufacturing, Chinese mainland is in the middle and lower reaches of the industrial chain such as OEM and assembly, relying on the advantage of labor cost. The import of high-end engines and vehicles has caused Chinese mainland's automobile trade to be in a trade deficit for a long time.

The development of electric vehicles provides opportunities for China to enhance its production capacity and competitive strength. With the rapid growth of export trade of pure electric passenger cars, Chinese mainland has not only realized the transformation of automobile products from trade deficit to trade surplus in recent two years, but also narrowed the competition gap with western developed industrialized countries in the field of automobile products trade.