How do you export automotive parts?
Global Export Strategy for OEM/Aftermarket Automotive Parts
Market Overview
The global automotive parts market is approximately $500 billion. With the global expansion of automotive manufacturers, South Korea's automotive parts exports are also growing, and the demand for electric vehicle components is on the rise.
Key Export Markets
The major markets include the United States, Germany, China, Mexico, and India. The market is divided into OEM (original equipment manufacturer) and aftermarket (replacement parts).
Mandatory Certification
IATF 16949 (Automotive Quality Management), CE Marking (EU), E-mark (European Vehicle Parts), DOT (U.S. Safety Standards), CCC (China), etc. are required.
Buyer Type
There are complete vehicle OEMs (such as Hyundai, Toyota, VW), Tier 1 parts manufacturers, aftermarket distributors, and automotive maintenance chains.
Major Exhibitions
Notable events include Automechanika Frankfurt (Germany, September), AAPEX/SEMA (USA, November), Automechanika Shanghai (China, December), and Auto Expo (India, February).
Buyer Type
Complete Vehicle OEM
Major automakers such as Hyundai, Toyota, and VW
Tier 1 component supplier
Major parts manufacturers such as Bosch, Denso, and Hyundai Mobis
Aftermarket distributor
Specialized distributor of replacement parts
Mandatory Certification
Major Exhibitions
| common.tableHeaders.tradeShowName | common.tableHeaders.location | common.tableHeaders.period |
|---|---|---|
| Automechanika Frankfurt | Frankfurt, Germany | September (biennial) |
| AAPEX/SEMA | Las Vegas, USA | November |
| Auto Expo | New Delhi, India | February (biennial) |
Frequently Asked Questions
Q. Is IATF 16949 certification mandatory?
A. While not legally required, most completed vehicle OEMs demand IATF 16949 certification as a delivery condition. In the aftermarket, it may sometimes be substituted with ISO 9001.
Q. What is the outlook for electric vehicle parts exports?
A. The demand for electric vehicle components such as batteries, motors, inverters, and charging infrastructure is skyrocketing. Existing internal combustion engine parts companies should consider transitioning to electric vehicle components.