Core Insights - Japan's used car exports to Sri Lanka surged to 46.9 billion yen (approximately 318 million USD) in the first half of this year, nearing a new high for semi-annual exports, following the lifting of a five-year import ban in February [1][2] - The popularity of Japanese used cars in Sri Lanka is attributed to their perceived investment value and compatibility with local driving conditions, as both countries drive on the left side of the road [1] - The average value of each used car exported from Japan to Sri Lanka increased to 2.49 million yen in the first half of this year, compared to less than 2 million yen before 2020 [2] Export Trends - The export value of Japanese used cars to Sri Lanka in the first half of this year exceeded the total export value of 30.9 billion yen in 2019, just behind the record of 50.1 billion yen in the first half of 2018 [1] - In June alone, the export value reached 16 billion yen, indicating a strong recovery and potential for setting a new annual export record [2] Market Dynamics - Despite the entry of electric vehicle manufacturers like BYD from China, Japanese used cars remain more favored due to their lower price range compared to new Chinese vehicles, which are priced 30%-50% higher [2] - Japanese automakers have established a strong presence in Sri Lanka since the 1980s, creating a lasting reputation for durability, while Chinese brands only began to enter the market on a larger scale after 2015 [2] - The recovery of the used car market in Sri Lanka has also positively impacted the domestic used car market in Japan, with auction prices for many models increasing since the ban was lifted [2]
斯里兰卡之惑:不选中国新车 偏爱日本二手车?
Jin Tou Wang·2025-08-19 08:50