Since the beginning of this year, the imports and exports of China's machinery products have been good. While the cumulative growth of the machinery industry has continued to fall, foreign trade has continued to maintain a favorable balance.
Statistics show that from January to August, the total import and export volume of the machinery industry totaled US$412.851 billion, an increase of 26.36% year-on-year, and 0.03% higher than January-July (26.33%), of which exports were US$207.836 billion, which was a year-on-year increase of 25.93%. The amount of US$20,501.5 million was up by 26.79% year-on-year, 0.29 percentage points lower from January to July (27.08%); the cumulative surplus of import and export trade was US$2.82 billion.
In August, the total import and export volume of the machinery industry reached 57.2 billion U.S. dollars, a year-on-year increase of 26.51%, and an increase of 7.64 percentage points from the previous month (18.87%). Among them, exports accounted for 29.12 billion U.S. dollars, an increase of 27.99% year-on-year, an increase of 6.22 percentage points from the previous month (21.77%); imports of 28.081 billion U.S. dollars, an increase of 25.01% year-on-year, an increase of 9.17 percentage points from the previous month (15.84%), and a trade surplus of 10.39 during the month. One hundred million U.S. dollars.
The accumulative import growth rate of ten industries fell back from January to August. In addition to the year-on-year growth in the imports of the agricultural machinery, machinery, and automobile industries, the growth rate of imports from the three industries of the machinery industry increased slightly from the previous month. Both fell, among which the top three industries with import growth slowed down were other civil machinery (40.13%), construction machinery (23.13%), and machine tool industry (51.31%), down 4.88, 2.96, and 2.03 respectively from the previous month. percentage point.
In August, from the perspective of imports, the cultural and office equipment industry (up 26.45%) fell 2.8% from the previous month (29.25%), and other civilian machinery industries (up 13.45%) fell 18.01% from the previous month (31.46%). . From the perspective of exports, the export growth rate of the heavy mining industry (23.28%) increased the fastest, up 22.65 percentage points from the previous month (0.63%), followed by the construction machinery industry (61.49%), 16.06 more than the previous month (45.43%) Percentage points, again for the agricultural machinery industry (32.54%), increased by 15.26 percentage points from the previous month (17.28%).
The import and export of provinces and cities maintained a high degree of concentration from January to August. The concentration of imports and exports in the machinery industry was relatively high. The import and export volume of Guangdong, Jiangsu, Shanghai, Beijing, Zhejiang, Shandong, and Tianjin still ranked Forefront, the total amount of 331.445 billion US dollars, accounting for 80.28% of the total value of the national machinery import and export over the same period. Guangdong Province ranked first, at US$91.72 billion, a year-on-year increase of 17.8% and a decrease of 1.35 percentage points from the previous month (19.15%); Shanghai’s total import and export value ranked third, at US$57.694 billion, a year-on-year increase of 29.89%. Compared with the previous month (29.07%), it increased by 0.82 percentage points, accounting for 13.97% of the total national import and export value over the same period; Tianjin was ranked seventh, and import and export volume was 15.534 billion US dollars, an increase of 24.63% over the same period of last year (24.19%). ) Increase by 0.44 percentage points.
Rapid growth in trade with emerging market countries From January to August, the bilateral trade volume between the machinery industry and the three major trading partners Japan, the United States, and Germany was US$73.363 billion, US$49.939 billion, and US$48.863 billion, respectively, a year-on-year increase of 20.8%. 25.31% and 32%. The bilateral trade volume with the EU and ASEAN countries was 104.445 billion U.S. dollars and 30.877 billion U.S. dollars, respectively, with year-on-year growth of 26.88% and 27.76% respectively. Bilateral trade with emerging market countries grew rapidly. The total import and export trade with India, the Russian Federation, Brazil, and South Africa were 9.934 billion U.S. dollars, 6.069 billion U.S. dollars, 5.435 billion U.S. dollars, and 1.601 billion U.S. dollars, respectively, representing year-on-year growth of 32.53%. 76.26%, 50.10%, and 28.27%.
General trade deficit expanded processing trade continued surplus From January to August, the general trade of the machinery industry realized a total import and export volume of 249.873 billion U.S. dollars, an increase of 31.83% year-on-year, of which imports were 134.133 billion U.S. dollars, an increase of 29.79% year-on-year, and exports were 115.747 billion U.S. dollars, an increase of 34.28 year-on-year. %, the accumulated trade deficit was 18.392 billion U.S. dollars, an increase of 1.518 billion U.S. dollars from January to July (16.874 billion U.S. dollars), and the trade deficit continued to expand. The total import and export volume of processing trade reached US$116.656 billion, an increase of 16.57% year-on-year, of which imports were US$40.248 billion, up 18.21% year-on-year, exports were US$76.48 billion, up 15.72% year-on-year, and the trade surplus was US$36.159 billion.
The import and export of private enterprises grew at a rapid rate from January to August. State-owned, private, and foreign-funded enterprises achieved total import and export volume of 69.914 billion U.S. dollars, 91.229 billion U.S. dollars, and 25.17 billion U.S. dollars, respectively, an increase of 20.40%, 35.02%, and 25.16% year-on-year. On the import side, import of private enterprises increased by 35.54% year-on-year, 14.86% and 8.71% higher than that of state-owned enterprises (20.68%) and foreign-funded enterprises (26.83%). On the export side, exports of private enterprises rose by 34.8% year-on-year, which is higher than state-owned enterprises ( 20.11%) and foreign-funded enterprises (23.13%) were higher by 14.69 and 11.67 percentage points respectively.
Imports and exports of snow blowers and snow blowers increased rapidly from January to August, and the import and export of snow blowers and snow blowers increased rapidly. Of the 92 products monitored by the machinery industry, the top three most-accumulated importers were snow blowers and snow blowers (213.49%), which was 74.29 percentage points lower than the previous month (287.78%). On the working machinery (196.18%), an increase of 37.84 percentage points over the previous month (158.34%), small passenger cars (including a complete set of parts) (113.1%), an increase of 18.6 percentage points over the previous month (94.5%). The top three places in terms of cumulative export growth year-on-year were snow blowers and snow blowers (223.7%), an increase of 22.22 percentage points from the previous month (201.48%); and processing centers (149.36%), compared with the previous month (190.75%). The number of cars (including spare parts) (99.11%) decreased 41.39 percentage points, an increase of 3.94 percentage points from the previous month (95.17%).
Statistics show that from January to August, the total import and export volume of the machinery industry totaled US$412.851 billion, an increase of 26.36% year-on-year, and 0.03% higher than January-July (26.33%), of which exports were US$207.836 billion, which was a year-on-year increase of 25.93%. The amount of US$20,501.5 million was up by 26.79% year-on-year, 0.29 percentage points lower from January to July (27.08%); the cumulative surplus of import and export trade was US$2.82 billion.
In August, the total import and export volume of the machinery industry reached 57.2 billion U.S. dollars, a year-on-year increase of 26.51%, and an increase of 7.64 percentage points from the previous month (18.87%). Among them, exports accounted for 29.12 billion U.S. dollars, an increase of 27.99% year-on-year, an increase of 6.22 percentage points from the previous month (21.77%); imports of 28.081 billion U.S. dollars, an increase of 25.01% year-on-year, an increase of 9.17 percentage points from the previous month (15.84%), and a trade surplus of 10.39 during the month. One hundred million U.S. dollars.
The accumulative import growth rate of ten industries fell back from January to August. In addition to the year-on-year growth in the imports of the agricultural machinery, machinery, and automobile industries, the growth rate of imports from the three industries of the machinery industry increased slightly from the previous month. Both fell, among which the top three industries with import growth slowed down were other civil machinery (40.13%), construction machinery (23.13%), and machine tool industry (51.31%), down 4.88, 2.96, and 2.03 respectively from the previous month. percentage point.
In August, from the perspective of imports, the cultural and office equipment industry (up 26.45%) fell 2.8% from the previous month (29.25%), and other civilian machinery industries (up 13.45%) fell 18.01% from the previous month (31.46%). . From the perspective of exports, the export growth rate of the heavy mining industry (23.28%) increased the fastest, up 22.65 percentage points from the previous month (0.63%), followed by the construction machinery industry (61.49%), 16.06 more than the previous month (45.43%) Percentage points, again for the agricultural machinery industry (32.54%), increased by 15.26 percentage points from the previous month (17.28%).
The import and export of provinces and cities maintained a high degree of concentration from January to August. The concentration of imports and exports in the machinery industry was relatively high. The import and export volume of Guangdong, Jiangsu, Shanghai, Beijing, Zhejiang, Shandong, and Tianjin still ranked Forefront, the total amount of 331.445 billion US dollars, accounting for 80.28% of the total value of the national machinery import and export over the same period. Guangdong Province ranked first, at US$91.72 billion, a year-on-year increase of 17.8% and a decrease of 1.35 percentage points from the previous month (19.15%); Shanghai’s total import and export value ranked third, at US$57.694 billion, a year-on-year increase of 29.89%. Compared with the previous month (29.07%), it increased by 0.82 percentage points, accounting for 13.97% of the total national import and export value over the same period; Tianjin was ranked seventh, and import and export volume was 15.534 billion US dollars, an increase of 24.63% over the same period of last year (24.19%). ) Increase by 0.44 percentage points.
Rapid growth in trade with emerging market countries From January to August, the bilateral trade volume between the machinery industry and the three major trading partners Japan, the United States, and Germany was US$73.363 billion, US$49.939 billion, and US$48.863 billion, respectively, a year-on-year increase of 20.8%. 25.31% and 32%. The bilateral trade volume with the EU and ASEAN countries was 104.445 billion U.S. dollars and 30.877 billion U.S. dollars, respectively, with year-on-year growth of 26.88% and 27.76% respectively. Bilateral trade with emerging market countries grew rapidly. The total import and export trade with India, the Russian Federation, Brazil, and South Africa were 9.934 billion U.S. dollars, 6.069 billion U.S. dollars, 5.435 billion U.S. dollars, and 1.601 billion U.S. dollars, respectively, representing year-on-year growth of 32.53%. 76.26%, 50.10%, and 28.27%.
General trade deficit expanded processing trade continued surplus From January to August, the general trade of the machinery industry realized a total import and export volume of 249.873 billion U.S. dollars, an increase of 31.83% year-on-year, of which imports were 134.133 billion U.S. dollars, an increase of 29.79% year-on-year, and exports were 115.747 billion U.S. dollars, an increase of 34.28 year-on-year. %, the accumulated trade deficit was 18.392 billion U.S. dollars, an increase of 1.518 billion U.S. dollars from January to July (16.874 billion U.S. dollars), and the trade deficit continued to expand. The total import and export volume of processing trade reached US$116.656 billion, an increase of 16.57% year-on-year, of which imports were US$40.248 billion, up 18.21% year-on-year, exports were US$76.48 billion, up 15.72% year-on-year, and the trade surplus was US$36.159 billion.
The import and export of private enterprises grew at a rapid rate from January to August. State-owned, private, and foreign-funded enterprises achieved total import and export volume of 69.914 billion U.S. dollars, 91.229 billion U.S. dollars, and 25.17 billion U.S. dollars, respectively, an increase of 20.40%, 35.02%, and 25.16% year-on-year. On the import side, import of private enterprises increased by 35.54% year-on-year, 14.86% and 8.71% higher than that of state-owned enterprises (20.68%) and foreign-funded enterprises (26.83%). On the export side, exports of private enterprises rose by 34.8% year-on-year, which is higher than state-owned enterprises ( 20.11%) and foreign-funded enterprises (23.13%) were higher by 14.69 and 11.67 percentage points respectively.
Imports and exports of snow blowers and snow blowers increased rapidly from January to August, and the import and export of snow blowers and snow blowers increased rapidly. Of the 92 products monitored by the machinery industry, the top three most-accumulated importers were snow blowers and snow blowers (213.49%), which was 74.29 percentage points lower than the previous month (287.78%). On the working machinery (196.18%), an increase of 37.84 percentage points over the previous month (158.34%), small passenger cars (including a complete set of parts) (113.1%), an increase of 18.6 percentage points over the previous month (94.5%). The top three places in terms of cumulative export growth year-on-year were snow blowers and snow blowers (223.7%), an increase of 22.22 percentage points from the previous month (201.48%); and processing centers (149.36%), compared with the previous month (190.75%). The number of cars (including spare parts) (99.11%) decreased 41.39 percentage points, an increase of 3.94 percentage points from the previous month (95.17%).
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