Containerized auto parts imports into the U.S. grew substantially in the first half of 2012, expanding 18.5 percent to 183,318 20-foot-equivalent units, according to data from PIERS, a JOC sister company.
This followed a robust increase in the first quarter, when volumes rose nearly 15 percent versus the prior-year quarter.
In fact, containerized auto imports have been on a roll, growing 33 percent, 23 percent, 21 percent and 20 percent in the four quarters of 2011, according to PIERS data.
Japan was the largest source country for auto parts In the first half of 2012, accounting for 23.5 percent of total imports, a slight increase over its 2011 market share during the same period.
China was the second largest source country in the first half, accounting for 21.1 percent of imports, down slightly from the 22.2 share it held in the first half of 2011.
South Korea and Germany accounted for 15 percent and 12.3 percent of imports in the first half.