Page 3 - International Trade
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March 31, 2025
Saudi Arabia's Automotive Market in February 2025: A Mixed Bag for Chinese Brands Saudi Arabia's Automotive Market in February 2025: A Mixed Bag for Chinese Brands
Sales Overview and Brand Performance
In February 2025, the Saudi Arabian new light vehicle market saw a significant surge, with sales reaching 72,388 units, a 14% year-over-year increase. This growth continues the market's recovery trend observed since 2024. The cumulative sales for the first two months of 2025 totaled 140,311 units, representing a 10.9% increase compared to the same period last year[2][4%.
Key Drivers of Growth
The growth in sales can be attributed to several factors, including stable oil prices (projected to remain above $80 per barrel in 2025), increased government spending, and enhanced consumer confidence.
Market Dominance and Brand Performance
- Toyota: Led the market with a 26.2% market share, maintaining its strong position.
- Hyundai and Nissan: Followed closely, with Hyundai's Accent model showing a 36.9%
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March 10, 2025
The 2025 Guide to Import Used Cars from China to Egypt
Understanding regulations and procedures for importing used cars from China into Egypt
Introduction:
This article provides a detailed guidance for Egyptians to import used cars from China into Egypt. It includes regulations of Egypt, documentations, taxes, and useful tips for importing progress, which can help Egyptian car buyers have a good preparation.
Regulations for Importing Used Vehicles:
If Egyptians want to import cars from China, there are some specific regulations about safety and environment for them to comply with.
1. Under Egyptian law, Egyptians can only import used car with its age less than 3 yearsfrom the date of manufacturing.
2. Vehicles must meet standards of Euro 4 emission, which aim to reduce harmful emission and improve air quality.
3. Previously, Egyptians importing used cars enjoyed tax exemption, and all that was required was to deposit the exempt amount in a bank. Now, they need to make direct payments
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March 10, 2025
Risks, Red Flags of Modification Export and How to Protect Your Business, uncover the dangers of tax evasion, document fraud, and customs seizures in the overseas car market, and learn actionable steps to avoid falling victim to these fraudulent schemes.
Recently, the overseas car import market has seen a surge in brand-new Chinese vehicles being offered at suspiciously low prices. While this might seem like a golden opportunity for buyers, it often hides a dangerous and illegal practice known as "modification export for passenger vehicles."
This article focuses on the risks of modification exports, specifically for gasoline-powered cars, which are subject to China’s 10% purchase tax. Notably, new energy vehicles (NEVs), such as electric cars, are exempt from this tax, making them less vulnerable to illegal export practices.
We’ll explore the dangers of modification exports, their impact on global buyers and legitimate exporters, and how you can protect your business from falling victim