Quarterly Newsletter - Spring 2016
In 2015, the U.S. exported nearly $81 billion in auto parts worldwide. Latin America is a promising region and contributor to this impressive export volume with Peru, Guatemala and El Salvador among the export growth destinations. Demand for aftermarket auto parts from the U.S. and repair services in these three countries has increased due to aging vehicles, poor road conditions, absence of local manufacturers, and favorable tariff rates and market access with the CAFTA-DR free trade agreement. U.S. auto parts exports over the last five years grew 87% in Peru; 19% in Guatemala, and 50% in El Salvador. Among the products currently in demand are:
• Motor parts: compressors, radiators, batteries, accumulators, green filters, motor oil, and lubricants;
• Body and crash parts;
• Accessories: sound systems, spoilers, bumpers, cleaning products;
• Safety Products: alarms, GPS systems;
• Brake systems, suspension and components;
• Driving simulators; and
• Tools and diagnostic equipment.
A cost-effective, well-supported means to identify local representation, build market contacts, and engage in business development is to join the automotive trade missions to these markets led by the Auto Care Association, and supported by the U.S. Commercial Service staff in country. Details on the missions is available at www.autocare.org/trade-missions , or contact Kellie.Holloway@trade.gov.
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Exporting to Mexico: The Automotive Import Process Under NAFTA (Webinar), March 16, 2016, 2:00 pm ET. With a focus on customs clearance and the import process for automotive industry, the one hour program provides an overview of the automobile industry in Mexico, and the advantages/disadvantages of special industry-specific programs for importing product into the country. Featured presenters include KPMG Mexico head of Customs Procedures, and U.S. Commercial Service, Northern Mexico automotive team lead.
Avoiding and Managing Business Disputes in China (Webinar Series), March 15, 22 & 29, 2016. Learn more and register today!
Automechanika Istanbul, Apr 7-10, 2016 - Turkey’s leading international trade fair for the automotive service industry targeting trade visitors from Turkey, Eastern Europe, Asia and North Africa. US Pavilion supported. Contact Berrin.Erturk@trade.gov.
USA-Morocco Business Development Conference, April 11-13, Rabat. With an automotive and energy focus, this conference provides an outstanding platform for business development, networking and investment discussion. Automotive focused activities include site visits to Tangier Automotive City; Renault; Tangier Med; Atlantic Free Zone. Contact Christopher.Wilken@trade.gov, or request follow up by registering your interest at https://form.jotform.com/60465486704158
Expo INA and PAACE Automechanika join forces for one important show. Mexico City, April 13-15, 2016 - Mexico and Central America's leading automotive trade show in the capital of the world’s 7th largest vehicle producer. Contact Colleen.Fisher@trade.gov
Doing Business with the United Nations – UN/PD, UNDP, UNICEF and WFP, April 18, 2016, New York City. Transportation is among the UN’s top procurement activities. This seminar, co-hosted by the U.S. Commercial Service, provides the opportunity to hear from the four largest procurers (in $ volume) in the UN system. Collectively, these organizations procure almost 70% of the UN’s $17 billion annual procurement market.
Automotive Trade Missions to Peru, May 18-19, 2016 and
Guatemala & El Salvador (optional stop), June 20-24
The Auto Care Association and the International Trade Administration announce two opportunities to enter and expand your export business in Latin America. These missions are a cost-effective opportunity to gain firsthand market information and meet one-on-one with foreign industry executives, pre-screened to match your specific business objectives. Contact carolina.arregoces@autocare.org
Automotive Manufacturing Meetings Detroit, Nov 8-10, 2016. B2B matchmaking program for Tier 1&2 suppliers. Webinar briefing to introduce the program and its international OE, Tier 1 and Tier 2 supplier draw on June 14. Contact Eve.Lerman@trade.gov
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EU Automotive Legislation (Directive 2007/46/EC). This report covers regulatory requirements applicable to cars and car components to be exported to the European Union (EU) based on the Motor Vehicle Framework Directive 2007/46/EC (MVFD).
Compilation of Foreign Motor Vehicle Import Requirements (Dec 2015). A listing of import requirements on motor vehicles of various countries.
Automotive Industry Trade Data. Find motor vehicle (passenger, used, medium and heavy duty trucks), and auto parts export data snapshots.
Opportunities in the Global Automotive Sector - a view of tariffs and non-tariff barriers and the Trans Pacific Partnership
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