Home> Industry News> Myanmar's full tariff exemption policy and RCEP dividends boost the cost competitiveness of Chinese auto tricycle exports

Myanmar's full tariff exemption policy and RCEP dividends boost the cost competitiveness of Chinese auto tricycle exports

2025,12,25
 

Tariff Dividends Released! Myanmar Grants Full Import Tariff Exemption on Electric Vehicles, Bringing New Overseas Opportunities for Chinese Enterprises

Theme: Myanmar's full tariff exemption policy and RCEP dividends boost the cost competitiveness of Chinese auto tricycle exports
In 2025, the Myanmar government issued a major policy, announcing a full import tariff exemption on electric vehicles (including whole vehicles and parts) from March 2025 to March 2026, covering all categories such as passenger cars, trucks, and tricycles. This policy has opened up a green channel for Chinese auto tricycle enterprises to enter the Myanmar market. It directly reduces the export costs of Chinese enterprises, especially under the CKD (Completely Knocked Down) mode. Enterprises exporting spare parts to Myanmar for local assembly can reduce costs by an additional 30%, significantly enhancing the price competitiveness of their products.
At the same time, the continuous release of RCEP policy dividends has further boosted the overseas expansion of China's auto tricycles. According to data from Zhengzhou Customs, Henan Loncin Motorcycle Co., Ltd. can enjoy a 2% tariff reduction on Electric Tricycles exported to the Philippines by virtue of the RCEP preferential certificate of origin, saving an average of 100 yuan in customs clearance costs per vehicle. In the first half of 2025 alone, it obtained about 1.3 million yuan in tariff reductions, and the export value increased by 101.6% year-on-year. Industry experts suggest that enterprises should seize the window of tariff dividends, accelerate the layout of the Myanmar and Southeast Asian markets, and at the same time improve the overseas after-sales guarantee system, and enhance service response capabilities through the cross-border e-commerce "overseas warehouse" model to seize market opportunities.
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