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The following article was published in our article directory on September 1, 2010.
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Mechanical and Electrical Products Import and Export Situation of China

Article Category: Business

Author Name: Amanda xzh

1. Exports

Electronic products increased steadily. Automatic data processing equipment exports 81.89 billion U.S. dollars, up 46%, accounting for more than half of them notebook exports 42.54 billion U.S. dollars, a substantial increase of 60%; communications equipment, parts and components exports 44.98 billion U.S. dollars, up 21%; appliances and consumer electronics exports 36.7 billion U.S. dollars, up 35%, which increased 35% air, 39% growth in refrigerators, color TV and CPT increased 66%, 47% growth in digital camera; electronic components exports of 34.12 billion U.S. dollars, up 68% .

Machinery exports also have better performance. Automobile and parts exports 14.97 billion U.S. dollars, up 52%; and Machine Components (14.89 billion U.S. dollars) increased 19%; lighting equipment and parts (67.1 million) up 35%; measuring and testing of automatic control equipment (44.3 billion U.S. dollars) up 44%; sewing machines, electric toys, mechanical and electrical products accounted for a smaller proportion of products to achieve a 40% growth.

2. Import

Key mechanical and electrical products import export performance was slightly better than, the electronic components is the largest category of imports of machinery and electronic products I have the same period, imports 93.2 billion U.S. dollars, up 47%, its imports increase, representing an overall incremental import of machinery and electronic products 31.6% as imports of machinery and electronic products driving the growth of an important force. Among them, the automatic data processing equipment imports 25.11 billion U.S. dollars, a substantial increase of 55%; electrical equipment (23.09 billion U.S. dollars) increased 36%, communication equipment and parts (10.29 billion U.S. dollars) increased 16%.

In addition, motor vehicles and key parts, components to 27.16 billion U.S. dollars of imports, 127%, continue to lead the rapid growth of imports of machinery products, indicating demand for the domestic market for cars running high. Among them, the vehicle (including complete sets of spare parts) imported 14.48 billion U.S. dollars, up 173%; car key parts imported 6.46 billion U.S. dollars, up 97%; Parts and Accessories imported 6.22 billion U.S. dollars, an increase of 84%. Other key products, in addition to metal rolling mills and spare parts (down 18%), metal smelting and forging equipment (down 33%), manufacture of paper or paper products, machinery and parts (down 34%), boiler and auxiliary equipment (down 39 %), and other than the vast majority of products have varying degrees of growth.

General trade, processing trade, rapid growth of exports in general trade, processing trade imports grew faster than

1 to 6 months, general trade import and export of machinery and electronic products showed growth, import growth was steeper. General trade exports 126.49 billion U.S. dollars, up 40.2%, accounting for 30.3%; imports 114.76 billion U.S. dollars, up 51.5%, accounting for 37.9%.

Over the same period, processing trade imports grew faster than exports. Exports of 264.1 billion U.S. dollars of processing trade, up 34.3%, accounting for 63.3%; imports 130.93 billion U.S. dollars, up 44.4%, 43.3% share.

View from the other forms of trade, bonded storage and re-exports 11.11 billion U.S. dollars, up 68.6%, imports 33.42 billion U.S. dollars, up 90.9%; foreign investment in imports as the equipment, goods 6.87 billion U.S. dollars, down 24.3%.

On Asia, Europe and North America dominated trade, with Japan and South Korea trade growth significantly, the relatively slow growth of U.S. trade

1. Export Markets

1 to 6 months, I have mechanical and electrical products in Asia, Europe and North America were the three major markets in the export accounted 46.5%, 23.2% and 19.5%, totaling 89.2%. Among them, the European exports increased considerably, up 43.2%, 31.9% of Asian growth, year on year in North America also exports 30% increase; emerging markets tend to rebound over the same period, exports to Latin America during the first half performance has been more prominent, growth 76%, 30.7% for African growth.

Export of electromechanical products were the top ten markets: the EU (88.6 billion U.S. dollars), the United States (76.33 billion U.S. dollars), Hong Kong (71.27 billion U.S. dollars), Association of Southeast Asian Nations (34.65 billion U.S. dollars), Japan (27.62 billion U.S. dollars), South Korea, India , China Taiwan, Australia and Brazil, accounting for up to a total of 83.4%.

China and the ASEAN free trade zone be established, led the rapid development of bilateral mechanical and electrical trade, exports to ASEAN in the first half rose 33.9%, ASEAN surpassed Japan to become our fourth largest export market. India, Russia, Brazil, South Africa and other emerging markets, exports totaled 24.11 billion U.S. dollars, up 51.6%, higher than the overall growth rate of 15.6 percent.

2. Distribution of sources of imports

Over the same period, I mechanical and electrical products from Asia, Europe, North America, accounting for 98.6% of total imports, including imports from Asia accounted for 72.9% and imports 220.47 billion U.S. dollars, up 50.9%; from European imports accounting for 18.2%, imports increased by 35.2% ; from North America, accounting for 7.6% of imports, imports increased by 21.9%; the same period imports increased from 62.3% in Latin America, Oceania, Africa, imports rose by 39.9% and 28.4%, and Oceania in June month, imports fell 17.7%, Australia and New Zealand were down 11.1% and 9.3%.

I imported machinery and electronic products of the top ten sources were: Japan (54.5 billion U.S. dollars), EU (51.6 billion U.S. dollars), Korea (43.78 billion U.S. dollars), China (42.22 billion U.S. dollars), China Taiwan (38.87 billion U.S. dollars), Association of Southeast Asian Nations ( 37.85 billion U.S. dollars), the United States, Switzerland, Hong Kong, China and Mexico, accounting for a total of 98%.

Apart from individual provinces, most areas of import and export volume growth momentum was

View from specific provinces, Guangdong, Jiangsu and Shanghai, accounting for 67.7% of total exports of the three, which shared top spot in Guangdong exports 135.81 billion U.S. dollars, up 28.5%; Jiangsu exported 85.17 billion U.S. dollars, up 20.4%; Shanghai exported 612.4 100 million U.S. dollars, up 36.4%. The region is also the largest amount of I mechanical and electrical products import of the provinces, I mechanical and electrical products accounted for 65.7% of total imports, which amounted to 91.13 billion U.S. dollars of imports in Guangdong, an increase of 39.1%; Jiangsu imported 57.11 billion U.S. dollars, the largest increase, 61.2%; Shanghai imported 50.63 billion U.S. dollars, up 52.0%.

Year from other provinces and cities the amount of change in terms of foreign trade, exports, apart from Guizhou (down 50.5%) and Ningxia (down 6.2%) provinces, the apparent growth of all regions, 12 provinces, the growth rate of more than 50%; imports , in addition to 7 provinces of Hainan, the other provinces showed growth, Jilin, Anhui, Ningxia, Qinghai and Tibet provinces, especially the rapid growth of imports.

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