A simple analysis of China's export of mechanical

2022-08-23
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A simple analysis of China's export of mechanical and electrical products in 2009

the export of mechanical and electrical products, which accounts for more than half of China's total export value, is improving significantly

According to the statistics of the General Administration of customs, in September alone, China's exports of mechanical and electrical products reached 68.54 billion US dollars, a year-on-year decrease of 12.6%, much better than the decline of more than 20% from January to August

the transaction data of the first phase of the ongoing Canton Fair (mainly the exhibition of mechanical and electrical products) is also gratifying. According to the data provided by the chamber of Commerce for machinery and electronics, the cumulative turnover of the Canton Fair in the four days before its opening was US $9.62 billion, an increase of 26.3% over the same period of the previous Canton Fair. Among them, the United States accounted for 12.3% of the total turnover, an increase of 19.7% compared with the previous session

orders are slowly picking up

as the largest category of China's export commodities, the export trend of mechanical and electrical products has been paid much attention by the decision-makers

according to the China Chamber of Commerce for import and export of mechanical and electrical products, the Ministry of Commerce convened the chamber of Commerce to discuss on the eve of the Canton Fair, requested to expand the scope of research in the Canton Fair, and formed written materials after the meeting

the mid year summary of the chamber of Commerce for mechanical and electrical industry shows that China's general trade export of mechanical and electrical products in the first half of this year was US $90.24 billion, down 23.4%, accounting for the export of mechanical and electrical products. 5) stress transfer, strain measurement and crack inspection in the process of ceramic high temperature testing have a certain difficulty proportion of 29.4%; The export value of processing trade was US $19.65 billion, down 22.3%, 1.1 percentage points lower than that of general trade. There are signs that processing trade may resume growth before general trade

the above-mentioned people from the chamber of Commerce for mechanical and electrical industry said that the growth of international demand is an important prerequisite for the growth of Global trade, especially China's trade growth. After all, 64% of China's exports of mechanical and electrical products and 44% of its imports are processing trade that is highly sensitive to changes in international demand

Du Yuanyuan, chairman of Lei 1 computer output channel Yang Electronic Technology Co., Ltd., said: "the situation will improve next year, and the medium and long-term orders of this Canton Fair have been increasing."

Liu Guizhong, general manager of Galanz Group's overseas development department, said that at present, the company's orders have rebounded, and it is expected that the export growth rate in the fourth quarter of this year will exceed 80%, completely reversing the export decline of 25% in the first half of the year

Liu Guizhong said that Galanz's home appliance exports fell by about 25% year-on-year in the first and second quarters of this year, and the situation improved in the third quarter. In September alone, the year-on-year growth rate of air conditioners, microwave ovens and other products generally exceeded 60%, and the export of the whole third quarter was basically the same as that of the same period last year

judging from the orders currently in hand, Galanz's export growth in the fourth quarter will exceed 80%. "The recovery of overseas demand is the main driving force," Liu Guizhong said

chenrufang, deputy director of the Department of Commerce of Zhejiang Province, said that at present, there are obvious signs of recovery, and the decline is also narrowing. It is expected that the import and export of Zhejiang Province will decline by about 15% this year

Chen rufang said that the 1556 largest export enterprises in Zhejiang Province with an import and export volume of US $80billion were tracked and surveyed on a monthly basis. The survey results showed that the average export of enterprises rose by 2.5 percentage points from May to September this year. "This shows that exports are gradually improving." Chen said

An analysis report of the chamber of Commerce for machinery and electronics pointed out that from the perspective of the international economic and trade environment, the United States has shown signs of gradually emerging from the crisis, and the economic prosperity index of important trading partners such as the European Union has also rebounded. At present, it is generally expected that the international economy will be much better in the fourth quarter than in the first half of the year. At the same time, the demand for Chinese products in the international market objectively exists, and the suppressed demand due to limited payment capacity and inventory substitution in the first half of the year is expected to be released in the second half of the year

but it is worth noting that overcapacity is an important problem at present. In the process of slow recovery of international demand, enterprise competition will be very fierce, and the suppression of prices will be very obvious, which also makes the price trend of export products under inflation expectations uncertain

according to the summary of the above chamber of Commerce for mechanical and electrical products in the first half of the year, the export of China's mechanical and electrical products to three key markets in Asia, Europe and North America accounted for 47.9%, 22% and 20.4% respectively, with a total of 90.3%. Among them, the export to Europe fell the most, reaching 30%, the export to Asia fell 18.5%, and the export to North America also fell 18.3%; In the same period, exports to Latin America performed poorly, down 24.2%, and exports to Africa performed relatively well, with a decline of only 6.4%

In an interview during the Canton Fair, yaowenping, vice president of the chamber of Commerce for machinery and electronics, said that the export of ships, communication equipment and some household electrical appliances recovered well, while the export of electric tools, color TVs and other household electrical appliances remained sluggish. However, "at present, the market share of China's electromechanical products in key markets in Europe and the United States is on the rise." Yaowenping emphasized

According to yaowenping's analysis, the overall domestic water absorption rate of mechanical and electrical products in the second half of foreign trade is very low, and the external situation is stronger than that in the first half of the year. The second half of the year may be separated from the bottom area of the first half of the year month by month, and the decline has narrowed; Considering that the import and export have begun to decline in November and December last year, if the overall environment continues to improve, it is likely that there will be positive year-on-year growth in November and December this year

the above analysis report of the chamber of Commerce for machinery and electronics also points out that from the trade statistics over the years, under the condition that the overall trade environment has not changed much, and affected by factors such as international purchasing habits, companies interested in prototype products can use them in specific areas in the second half of the year, with an absolute amount of 20% more than that in the first half of the year

yaowenping said: "in addition to the factors mentioned above, the monthly average export volume in the second half of the year is expected to increase from $50billion in the first half to about $62billion to $65billion."

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